Overseas Agricultural Information Express (No. 275)
On April 23, 2021, the International Cooperation Department of the Ministry of Agriculture and Rural Affairs released the Overseas Agricultural Information Express (No. 275)
1. In 2021/2022, the EU oil crop area was 10.675 million hectares, a year-on-year increase of 0.99%, and the estimated output was 30.4 million tons, a year-on-year increase of 10.55%. Among them, the area of rapeseed was 5.164 million hectares, a year-on-year decrease of 0.12%, and the estimated output was 16.7 million tons, an increase of 3.73% year-on-year; the area of soybeans was 965,000 hectares, an increase of 3.21% year-on-year, and the estimated output was 2.9 million tons, an increase of 11.54% year-on-year; the area of sunflowers was 4.546 million. Hectares, a year-on-year increase of 1.81%, and an estimated output of 10.8 million tons, a year-on-year increase of 24.14%.
2. According to the Rosario Grain Exchange, the futures prices of soybeans, soybean oil, soybean meal, corn and wheat on the Chicago market in May continued to rise. Soybeans were US$542.2/ton, a year-on-year increase of 79%; soybean oil and soybean meal were US$1275.7/ Tons, 454.7 US dollars/ton, an increase of 87.6% and 43.9% respectively; corn was 235.4 US dollars/ton, an increase of 98%; wheat was 241.8 US dollars/ton, an increase of 43% compared to 7 and a half months ago. This is the highest price since May 2014.
3. In March this year, China imported 7.77 million tons of soybeans, an increase of 82% year-on-year. Among them, the import of soybeans from Brazil was 315,000 tons, a year-on-year decrease of 85%; the import of soybeans from the United States was 7.18 million tons, a year-on-year increase of 320%.
4. In 2020, the export volume of Polish agricultural products reached 34 billion euros, a year-on-year increase of 7%.
5. According to the Ukrainian Ministry of Finance, as of April 21, 2021, Ukrainian grain exports have reached 37.5 million tons, a year-on-year decrease of 23%. Among them, wheat exports were 14.7 million tons, a year-on-year decrease of 20%; barley exports were 4.1 million tons, a year-on-year decrease of 9%; corn exports exceeded 18 million tons, a year-on-year decrease of 28%.
6. According to statistics from the Pakistani Bureau of Statistics, Pakistan's food imports in March reached 777 million U.S. dollars, of which wheat and sugar imports increased by 100% and 139% year-on-year respectively.
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