On November 18, the Internatio
nal Cooperation Department of the Ministry of Agriculture and Rural Affairs released the Overseas Agricultural Information Express (No. 178)
1. According to the October report of the United States Department of Agriculture, the global wheat harvest in 2020/2021 will increase by 3 million tons to 770 million tons; co
nsumption will slightly increase to 751 million tons; trade volume is expected to increase by 500,000 tons to 1.9 100 million tons; inventory will increase by 2.1 million tons to 320 million tons, a record high.
2. The U.S. Department of Agriculture predicts that in 2020-2021, global rice production will be 501 million tons, trade volume 44.32 million tons, co
nsumption 499 million tons, and ending stocks of 179 million tons.
3. In 2020, Brazil's total soybean exports will reach 80.9 million tons. In the first eight mo
nths of this year, Pakistan exported 75.1 million tons of soybeans, of which 54.5 million tons were sold to China. In 2021, Pakistan's soybean output is expected to be 130 million tons, and it is planned to export 85 million tons, an increase of 7.1% and 3.7% respectively over the previous year.
4. Egypt’s grape exports more than doubled in June to US$128.3 million, an increase of US$101.4 million from US$62.9 million in May.
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