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Overseas Agriculture-related Information Bulletin (Issue 303)

 Last Update: 2022-09-30
 Source: Internet
 Author: User

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1.
According to the latest statistics of the Buenos Aires Grain Exchange in Argentina, since the implementation of the agricultural export growth plan and the interim exchange rate for soybean exports by the Afghan government on September 5 (the dollar-peso exchange rate is 1:200, valid until September 30), Afghanistan has exported a total of 13.
8 million tons of soybeans.

Among them, China purchased nearly 70 batches from Afghanistan, with a total of 4.
2 million tons of soybeans
.

2.
According to the Russian Agricultural Market Research Institute on September 26, the Russian wheat harvest may reach a record 100 million tons
.
However, due to the Russian-Ukrainian conflict, the Russian government's export taxes and storage, it is difficult for Russia to export wheat in large quantities, resulting in an increase in
domestic grain stocks.

3.
According to the Canadian Cereals Commission on September 22, due to the decline in production caused by the drought in the main agricultural producing areas, from August 2021 to July 2022, the export volume of Canada's major agricultural products to the world fell
sharply year-on-year.
Among them, wheat exports were 14.
145 million tons, down 44.
9% year-on-year; Barley exports 2.
012 million tons, down 45.
8% year-on-year; Corn exports of 1.
715 million tons, an increase of 27.
6% year-on-year; Rapeseed exports were 5.
107 million tons, down 51.
7% year-on-year; Soybeans exported 2.
87 million tons, down 21.
1%
year-on-year.

4.
According to the European News on September 26, this summer Europe experienced what is considered the worst drought in 500 years, resulting in drought in 64% of the territory and a sharp decline
in the harvest of corn, soybeans, sunflowers and rice.
The European Environment Agency (EEA) has warned that climate change is a "systemic challenge to food supply"
for Europe.
The EEA recommends the planting of drought-tolerant varieties, improved irrigation systems, the promotion of precision agriculture, and the restoration of soils and other ecosystems
.

5.
According to the latest data from the Brazilian Rice Industry Association, in August 2022, Pakistani rice exported 268,000 tons, an increase of 134.
1% year-on-year, and exports amounted to 83.
7 million US dollars, an increase of 141.
9%
year-on-year.
In the first eight months of this year, the Communist Party of Pakistan exported 1.
15 million tons of rice, an increase of 67.
4% year-on-year, and the total export volume was US$350 million, an increase of 59.
1%
year-on-year.

6.
According to the Financial Times on September 13, due to the Russian-Ukrainian conflict and the global inflation caused by the US dollar interest rate hike, the global price of food, fuel and other necessities has soared, and millions of Africans will return to poverty
.
The World Bank said the inflation-induced recession will increase the total number of people living in extreme poverty in Africa from 424 million before the pandemic in 2019 to 463 million this year
.

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