Overseas Agricultural Information Express (No. 167)

放大字体  缩小字体 Date:15 Sep 2020  Source:MARA  Writer:Global Foodmate  Views:111
On September 14, the International Cooperation Department of the Ministry of Agriculture and Rural Affairs released the Overseas Agricultural Information Express (No. 167)

1. In the Chicago market, soybean prices have risen for 12 consecutive days, closing at $359 per ton. Affected by this, the Argentine Rosario trading market once again increased the local soybean spot price, about 262 US dollars / ton.

2. According to news from the European Commission’s official website on September 10, in the first five months of 2020, EU agricultural trade volume reached 128.5 billion euros, a year-on-year increase of 1.6%. Among them, exports reached 75.8 billion euros, an increase of 2% year-on-year, and imports were 52.7 billion euros, an increase of nearly 1% year-on-year.

3. The Central Committee of Japan's National Agricultural Cooperative Organization (JA Chuanzhong) predicts that if the rice harvest this year is the same as that of previous years, by the end of June 2021, the private stock of rice will reach 2.29 million tons, which greatly exceeds the appropriate stock (1.8 million). Ton).

4. Thailand's Kaitai Research Center predicts that the current floods will not have a significant impact on the total rice output this year. The total output is still expected to reach about 29-30 million tons, a year-on-year decrease of 4.3-7.5%. The annual rice price is expected to be approximately 1,1000-11300 baht per ton (approximately 2,403-2469 yuan), a year-on-year increase of 3.0-6.0%.

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Overseas Agricultural Information Express (No. 166)

Please note: This article is translated based on Google web translation software, if there is an error, please contact us as soon as possible to correct.

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