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Overseas Agriculture-related Information Bulletin (Issue 316)

 Last Update: 2023-02-02
 Source: Internet
 Author: User

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1.
According to the website of the Brazilian Ministry of Agriculture and Livestock on January 1, Pakistani President Lula appointed Senator Carlos Favaro as Minister
of Agriculture and Animal Husbandry.
Carlos Favaro was Vice President of the Brazilian Soybean Producers Association and President of the Mato Grosso Soybean and Corn Producers Association in 2010; From 2015 to 2018, he served as Deputy Governor of the State of Mato Grosso; In 2020, he served as a U.
S.
senator
.

2.
According to the comprehensive news of Argentina's Clarion and Agricultural Information Network on December 30, 2022, Argentina's grain and by-product exports earned about US$3.
7 billion in December, an increase of 112% month-on-month and 34%
year-on-year.
In 2022, the export value of grain and by-products in Afghanistan exceeded the US$40 billion mark, reaching US$40.
44 billion, a year-on-year increase of 22%, a record high
.

3.
According to data from the Ministry of Agriculture of Ukraine cited by the Brazilian Economic Value newspaper on January 2, Ukraine's grain exports in 2022 were 22.
6 million tons, a decrease of nearly 30%
from 32.
2 million tons in 2021.
Among them, wheat and corn were exported 8.
38 million tons and 12.
5 million tons respectively.

4.
According to the Indian Financial Express on December 30, 2022, due to the surge in global fertilizer prices caused by the Russian-Ukrainian conflict, India's fertilizer subsidies will reach a record 2.
5 trillion rupees (about 209.
4 billion yuan) in fiscal 2022, and the printing fertilizer subsidy has exceeded 1 trillion rupees (about 83.
8 billion yuan)
for three consecutive years.

5.
According to the Nihon Keizai Shimbun news on January 3, the Nihon Keizai Shimbun conducted a questionnaire survey of 46 food companies in December 2022, and the results showed that 60% of them will continue to increase prices
in 2023.
In 2022, 105 major food manufacturing companies increased the price of more than 20,000 foods, and from January to April 2023, more than 7,000 food prices will increase, an increase of 50% year-on-year, and the average price increase is 18%.

Price increases may lead to consumption contraction, and whether the impact of rising prices can be absorbed by raising wages, thus forming a virtuous circle, will become the focus
of judgment of the Japanese economic situation in 2023.