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1.
The International Grain Council released a report predicting that due to record harvests in the United States and Brazil, global soybean production in 2021/2022 (October 2021 to September 2022) will reach a record 380 million tons, a year-on-year increase of 3.
7% ; Consumption was 376 million tons, a year-on-year increase of 4.
1%; ending inventory was 60 million tons, a year-on-year increase of 5.
6%; trade volume was 170 million tons, a year-on-year increase of 4.
9%
.
The International Grain Council released a report predicting that due to record harvests in the United States and Brazil, global soybean production in 2021/2022 (October 2021 to September 2022) will reach a record 380 million tons, a year-on-year increase of 3.
7% ; Consumption was 376 million tons, a year-on-year increase of 4.
1%; ending inventory was 60 million tons, a year-on-year increase of 5.
6%; trade volume was 170 million tons, a year-on-year increase of 4.
9%
.
2.
The National Supply Company of Brazil estimates that in 2021/2022 (July 2021 to June 2022), Brazil’s good rain conditions from September to the present have made the soybean planting process earlier than previous years.
The planting area is expected to be 39.
93 million hectares.
The harvest is expected to exceed 140 million tons, an increase of 2.
5% over the previous year
.
The National Supply Company of Brazil estimates that in 2021/2022 (July 2021 to June 2022), Brazil’s good rain conditions from September to the present have made the soybean planting process earlier than previous years.
The planting area is expected to be 39.
93 million hectares.
The harvest is expected to exceed 140 million tons, an increase of 2.
5% over the previous year
.
3.
According to data from the Russian Ministry of Agriculture and the Customs Administration, from July 1 to October 14, 2021, Russian grain exports totaled 13 million tons, a year-on-year decrease of 21.
3%
.
Among them, wheat exports were 11.
1 million tons, a year-on-year decrease of 18%; barley exports were 1.
5 million tons, a year-on-year decrease of 34.
9%; corn exports were 200,000 tons, a year-on-year decrease of 56.
5%
.
According to data from the Russian Ministry of Agriculture and the Customs Administration, from July 1 to October 14, 2021, Russian grain exports totaled 13 million tons, a year-on-year decrease of 21.
3%
.
Among them, wheat exports were 11.
1 million tons, a year-on-year decrease of 18%; barley exports were 1.
5 million tons, a year-on-year decrease of 34.
9%; corn exports were 200,000 tons, a year-on-year decrease of 56.
5%
.
4.
The United States Meat Export Organization reported that in August this year, the monthly income of US beef exports exceeded the $1 billion mark for the first time
.
From January to August this year, beef exports increased 9 times year-on-year to 120,000 tons
.
At present, China has become one of the top five export destinations for American beef
.
The United States Meat Export Organization reported that in August this year, the monthly income of US beef exports exceeded the $1 billion mark for the first time
.
From January to August this year, beef exports increased 9 times year-on-year to 120,000 tons
.
At present, China has become one of the top five export destinations for American beef
.
5.
The US Department of Agriculture issued a report that international rapeseed prices continued to rise
.
Canada, the world's largest rapeseed producer, is expected to produce 13 million tons of rapeseed in the 2021-2022 fiscal year (April 2021 to March 2022), a year-on-year decrease of more than 30%
.
On October 19, the Canadian Winnipeg rapeseed futures contract price was 938 Canadian dollars/ton, more than double the low in late February 2020, setting a 13-year high
.
The US Department of Agriculture issued a report that international rapeseed prices continued to rise
.
Canada, the world's largest rapeseed producer, is expected to produce 13 million tons of rapeseed in the 2021-2022 fiscal year (April 2021 to March 2022), a year-on-year decrease of more than 30%
.
On October 19, the Canadian Winnipeg rapeseed futures contract price was 938 Canadian dollars/ton, more than double the low in late February 2020, setting a 13-year high
.
