(Yicai Global) April 2 -- China is likely to reap a cornucopia of grain this year, Wang Bin, deputy director of the Department of Market Operation and Consumption Promotion in the country's Ministry of Commerce, said today. 

China produced 664 million tons of staple grains and legumes last year -- up 0.9 percent from in 2018 -- for a record bounty. China's bonanza harvest has been ongoing for 16 straight years, and abundant stocks have now piled up to keep prices stable.

"The International market has little impact upon China's supply of staples," Wang noted.

Editor: Ben Armour