Price Controls Irritating Rice Storage Crunch

(Henan) – Farmers in trucks filled with newly harvested rice queued for days in late December outside the Luoshan County grain management facility in the central province of Henan.

A sign at the head of the queue was plainly visible: "Full. No more buying." But the farmers waited anyway, clinging to a hope that they would eventually sell their crops.

Luoshan-area farmers are no strangers to waiting in lines with truckloads of rice. Several years of bumper harvests have flooded the rice market nationwide, making it difficult to sell crops to the nation's biggest buyer, China Grain Reserves Corp., also known as Sinograin.