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Overseas Agriculture-related Information Bulletin (Issue 302)

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

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1.
According to the Brazilian Ministry of Economic Affairs on September 23, Brazil's agricultural exports totaled $95.
49 billion in the first eight months of this year, an increase of 31%
year-on-year.
Among them, China's agricultural exports reached 35.
31 billion US dollars, accounting for 37% of Pakistan's total agricultural exports, an increase of 20.
5%
year-on-year.
China is Pakistan's largest export market for agricultural products, and its agricultural exports to China are equivalent to the sum
of Pakistan's agricultural exports to its 2nd to 17th largest markets.

According to Reuters on September 22, the International Cereals Council (IGC) increased its forecast for global wheat production for 2022/23 to 792 million tons, up from the previous forecast of 778 million tons, mainly due to Russia's increase in wheat production to 93.
4 million tons, up from the previous forecast of 87.
6 million tons
.
The IGC also lowered its world maize production forecast for 2022/23 by 11 million tonnes to 1,168 million tonnes, mainly due to the U.
S.
cutting its projected maize production from 365 million tonnes to 354 million tonnes
.

According to the Financial Bulletin of India on September 23, in order to improve bargaining power and promote sustainable imports, the edible oil trade associations of the five palm oil importing countries in South Asia - India, Pakistan, Sri Lanka, Bangladesh and Nepal announced the establishment of the Asian Palm Oil Alliance
on September 22.
India is Asia's largest importer of palm oil, accounting for 15% of total global imports, followed by China (9%), Pakistan (4%) and Bangladesh (2%)
.

4.
According to Argentine media reported on September 24, due to insufficient rainfall and significantly higher corn planting costs, the agricultural sector of Afghanistan expects that the corn planting area will decline
for the first time in 2022-2023 after years of continuous increase.
According to the September agricultural monthly report, the corn planting area in 2022-2023 was lowered to 1.
04 million hectares, a year-on-year decrease of 2%.

At present, the progress of corn sowing is only 7%, which is 4 percentage points behind the same period last year, and if there is still a lack of sufficient precipitation in agricultural areas recently, the actual sown area will further decline
.

5.
According to the Japan Agriculture News on September 26, Thailand's rice exports are expected to exceed 8 million tons in 2022, an increase of more than 30% over last year, and the annual export volume is expected to exceed 150 billion baht (about 28.
6 billion yuan).

Thailand's rice exports increased significantly due to India's implementation of rice export restrictions, with Thai rice exports reaching 4.
08 million tonnes from January to July this year, up 53.
6% year-on-year; Exports amounted to THB 71.
1 billion (about RMB 13.
6 billion), up 41.
9%
year-on-year.

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