According to the Ministry of Water Resources, as of now, the irrigated area of arable land in China has exceeded 1.09 billion mu, an increase of over 53 million mu from the end of 2020. In 2025, the irrigated area of arable land will account for 80.76% of the total national grain production. At the same time, the efficiency and benefits of agricultural water use continue to improve.

The article shows that the irrigated area of arable land in China has increased by more than 53 million mu, and the efficiency of agricultural water use continues to improve, which will significantly enhance the yield and supply capacity of grain crops such as corn. The expected increase in supply poses downward pressure on corn spot prices, which may lead to a slight decline in prices.

The expansion of irrigation area and the improvement of water efficiency have directly enhanced the production capacity of wheat, and are expected to increase market supply. The risk of oversupply has a general negative impact on the spot price of wheat, which may push the price down moderately.

Improving agricultural irrigation and increasing efficiency will promote the growth of soybean production and increase the supply in the spot market. The supply side pressure has formed a downward trend in soybean spot prices, and the rating reflects the general negative impact, which may lead to a slight weakening in prices.

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