Chinese wheat farmers expect prices to soar and hoard harvest

COVID and bad weather stoke food security fears despite government assurance

20200909 Caixin wheat RTX1G0I3

Public concern in China about food security has intensified since June this year amid the coronavirus pandemic and severe flooding. © Reuters

HUANG SHULUN, HANG YING and LUO MEIHAN, Caixin

China's farmers are hoarding more of their wheat harvest this year, as they expect prices to rise in light of severe summer floods and fallout from the coronavirus.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.