Express News | Six departments, including the Ministry of Agriculture and Rural Affairs: Promote the development of agricultural product insurance related to national livelihood and food security

The Ministry of Agriculture and Rural Affairs and five other departments issued the "Implementation Plan for Adhering to the Priority Development of Agriculture and Rural Areas and Improving the Investment Mechanism for Rural Revitalization." The plan proposes making effective use of insurance policy tools to support agriculture. It calls for improving a multi-tiered agricultural insurance system and accelerating the high-quality development of agricultural insurance. Efforts will be made to promote the development of insurance for agricultural products critical to national livelihood and food security, fully utilizing policies for full-cost insurance and planting income insurance for rice, wheat, corn, and soybeans. Support will be provided for developing insurance for local advantageous and characteristic agricultural products to stabilize farmers' income. Insurance institutions are encouraged to enrich their product portfolios and expand the supply of agriculture-related insurance products. They are also encouraged to actively and independently develop farmland insurance, agricultural machinery insurance, and personal insurance for rural residents in accordance with market principles, thereby fully leveraging the role of insurance in serving the construction of the entire agricultural industry chain. Localities with sufficient capacity are encouraged to reduce the proportion of county-level premium subsidies for agricultural insurance in key counties assisted for rural revitalization. The plan advocates for precise underwriting and claims settlement in agricultural insurance, encourages insurance institutions to participate in disaster relief and emergency management systems, actively carry out disaster warning and risk reduction services, and improve the quality and efficiency of underwriting and claims services. (Ministry of Agriculture and Rural Affairs)

BreakingsSep 7 10:01

Express News | Sichuan: Plans to Launch a New Round of Grain Production Capacity Enhancement Initiatives, Promoting Large-Scale Yield Increases through Systematic Implementation

The "15th Five-Year Plan for Accelerating Agricultural and Rural Modernization in Sichuan Province" has been issued. The plan emphasizes the full implementation of responsibilities for farmland protection and food security, ensuring that the grain sowing area remains stable at over 64 million mu (approximately 4.27 million hectares). It outlines the implementation of a new round of initiatives to enhance grain production capacity, deepen the development of the "Tianfu Granary • Hundred Counties, Thousand Zones" project, promote the creation of "ton-per-mu grain fields," and drive integrated efficiency gains through the "Four Goods" (high-quality farmland, superior seeds, advanced machinery, and optimal farming techniques), thereby systematically advancing large-scale yield improvements. The plan also seeks to optimize the planting structure and regional layout of grain crops, continuously increase rice and corn production capacity, stabilize wheat production, consolidate the expansion of soybean and oilseed cultivation, and develop autumn and winter potatoes as well as ratoon rice according to local conditions. Provincial fiscal subsidies for major grain growers and incentives for grain production will be implemented, alongside the enforcement of the minimum purchase price policy for paddy rice. Full coverage of complete cost insurance for the three major grain crops, as well as complete cost and planting income insurance for soybeans, will be promoted.

BreakingsSep 4 13:13

Guosheng Securities: A strong El Niño event is approaching, with significantly divergent probabilities of impact on agricultural commodities.

Gelonghui, July 30 | A research report from Guosheng Securities noted that El Niño has been confirmed to have formed, with a very high probability of reaching strong to very strong intensity. On June 11, 2026, the U.S. National Oceanic and Atmospheric Administration (NOAA) officially announced the formation of the El Niño event. According to the latest ENSO probability assessment released in July 2026, the occurrence of this El Niño episode is now highly certain. Furthermore, the probability of a very strong El Niño event during October–December 2026 exceeds 80%, indicating that the peak impact window of this El Niño-related climate disturbance will be concentrated in autumn and winter of 2026. The effects of El Niño on agricultural commodities exhibit significant divergence in likelihood. Based on data since 1981

Gelonghui FinanceJul 30 08:45

The National Financial Regulatory Administration: Reasonably determine the internal preferential policies for inclusive agricultural loans and resolutely prevent and correct 'internecine' competitive behaviors.

The National Financial Regulatory Administration has issued the 'Notice on Supporting the Comprehensive Revitalization of Rural Areas through Financial Measures in 2026.'

Zhitong FinanceApr 8 18:27

Express News | Ministry of Agriculture and Rural Affairs: Continue to implement subsidies for corn and soybean producers in Northeast China.

The Ministry of Agriculture and Rural Affairs released the 2026 list of central fiscal policies to strengthen, benefit, and enrich agriculture. It mentioned continuing to implement subsidies for corn and soybean producers in Northeast China, providing subsidies for rice in major rice-producing provinces, and ensuring national food security.

BreakingsMar 19 08:58