On September 8, the International Cooperation Department of the Ministry of Agriculture and Rural Affairs released the Overseas Agricultural Information Express (No. 163)
1. The U.S. Department of Agriculture predicts that the net income of U.S. farms in 2020 will increase by 19 billion U.S. dollars (22.7%) to 102.7 billion U.S. Inflation-adjusted net farm income will increase by $18.3 billion (21.7%) from the previous year, 25.4% lower than the peak of $137.6 billion in 2013, but 13.8% higher than the 2000-2019 average ($90.2 billion).
2. In order to achieve the goal of 25% of agricultural land for organic agriculture by 2030, the EU will take 4 measures: First, formulate an organic agriculture action plan; second, postpone the implementation of new organic legislation; third, implement EU agri-food promotion policies; The fourth is to implement a common agricultural policy.
3. Brazil's 2020-2021 soybean planting area is expected to be 37.94 million hectares, and the output will exceed 130 million tons, setting a new historical record. Planting of the new season of Brazilian soybeans starts in September.
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