Date
23 July 2018

NDRC raises wheat purchase price for 2014, CNS says

The National Development and Reform Commission (NDRC) said Saturday it would raise the minimum purchase price for wheat to 118 yuan (US$19.29) per 50 kilograms for 2014, up by 6 yuan over this year’s level, China News Service reported Saturday. The NDRC said the move, which has been approved by the State Council, is aimed at boosting grain production, the report said.

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