On September 3, the International Cooperation Department of the Ministry of Agriculture and Rural Affairs released the Overseas Agricultural Information Express (No. 159)

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1. This year's wheat harvest in the United States, France and the United Kingdom has reached its lowest level in many years. In its August global crop production update, the U.S. Department of Agriculture determined that the wheat output in the EU, including the United Kingdom, was 140 million tons, down 10% year-on-year or 15.5 million tons; the U.S. wheat output was 62.5 million tons, only slightly lower than the previous year. Of 63 million tons. The EU’s wheat exports are expected to fall to 25.5 million tons, a 33% year-on-year decrease. Australia's high-quality high-protein wheat will soon usher in strong export demand.

2. Affected by strong demand from China, a weaker U.S. dollar, and concerns about US soybean production caused by dry weather, Chicago soybean futures prices hit a new high since June 2018 on the 31st.

3. The latest forecast by the U.S. Department of Agriculture shows that U.S. agricultural exports in fiscal 2021 will increase by USD 5.5 billion over the previous year, reaching USD 140.5 billion, mainly due to increased exports of soybeans and corn; USD 136 billion in agricultural imports, mainly due to increased imports of horticultural products; The trade surplus was US$4.5 billion.

4. The German Ministry of Agriculture recently released a crop harvest report. In 2020, the German cereal output was 42.9 million tons, a decrease of 3.1% from the previous year and a decrease of 6% from the average of the previous six years. The main reason is that the sown area of cereals has decreased by 4.7% from the previous year.

5. From January to August, the sharp depreciation of the Brazilian real led to a sharp rise in domestic agricultural prices. The big increases include rice (98.4%), soybeans (56.3%), wheat (37.3%), corn (26.6%), cotton (24.5%), sugar (20.3%), pork (29%), chicken (21.9%) %), beef (10.6%).

6. In the past two years, Ukraine’s corn exports have continuously hit a record high. According to data from the US Department of Agriculture, Ukraine exported 32 million tons in the 2019-2020 market and 30.32 million tons in the 2018-2019 market. According to estimates by the US Department of Agriculture, Ukrainian corn production and exports are expected to break records again in 2020-2021, reaching 39 million tons and 33 million tons, respectively.

7. India's GDP growth in the first quarter of fiscal year 2020-2021 is -23.9%, and the GDP growth rate of agriculture and related industries is 3.4%, becoming the only industry with positive GDP growth. Industry analysis believes that agricultural growth has benefited from the bumper winter crops and agricultural market reforms.

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