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Trade Service
1.
According to the European Commission's recent agricultural trade data, the total trade of agricultural products in the EU from January to May this year reached 155.
926 billion euros
.
Among them, exports amounted to 88.
971 billion euros, an increase of 13% year-on-year, and exports to China were 5.
7 billion euros, accounting for 6.
4% of the EU's total agricultural exports, down 29% year-on-year; Imports amounted to 66.
955 billion euros, an increase of 32% year-on-year, and imports from China were 3.
711 billion euros, accounting for 5.
54% of the total imports of EU agricultural products, an increase of 69%
year-on-year.
According to the European Commission's recent agricultural trade data, the total trade of agricultural products in the EU from January to May this year reached 155.
926 billion euros
.
Among them, exports amounted to 88.
971 billion euros, an increase of 13% year-on-year, and exports to China were 5.
7 billion euros, accounting for 6.
4% of the EU's total agricultural exports, down 29% year-on-year; Imports amounted to 66.
955 billion euros, an increase of 32% year-on-year, and imports from China were 3.
711 billion euros, accounting for 5.
54% of the total imports of EU agricultural products, an increase of 69%
year-on-year.
2.
According to the News Agency of Russia's TASS News Agency on September 6, The Russian Deputy Minister of Development of the Far East and the Arctic, Bobrakov, said that the supply of vegetables, meat and milk in the Far East is still insufficient, and Russia is formulating remedial measures to support the development of agriculture in the Far East, and ultimately achieve self-sufficiency
in agricultural products in the region.
At present, the Far East has implemented 88 agricultural projects with a total investment of 160 billion rubles (about 18.
56 billion yuan) using state support measures
.
According to the News Agency of Russia's TASS News Agency on September 6, The Russian Deputy Minister of Development of the Far East and the Arctic, Bobrakov, said that the supply of vegetables, meat and milk in the Far East is still insufficient, and Russia is formulating remedial measures to support the development of agriculture in the Far East, and ultimately achieve self-sufficiency
in agricultural products in the region.
At present, the Far East has implemented 88 agricultural projects with a total investment of 160 billion rubles (about 18.
56 billion yuan) using state support measures
.
3.
According to the News of Japan Economic News on September 6, the price of soybean oil in Japan rose for two consecutive quarters
.
In the third quarter, the price of bulk soybean oil was 429 yen/kg (about 21.
2 yuan/kg), up 13%
from the previous quarter.
High cereal prices in international markets and the depreciation of the yen have exacerbated the rise in import costs, leading to a sustained increase in the price
of edible oil.
According to the News of Japan Economic News on September 6, the price of soybean oil in Japan rose for two consecutive quarters
.
In the third quarter, the price of bulk soybean oil was 429 yen/kg (about 21.
2 yuan/kg), up 13%
from the previous quarter.
High cereal prices in international markets and the depreciation of the yen have exacerbated the rise in import costs, leading to a sustained increase in the price
of edible oil.
4.
According to the News of the Indian Financial Express on September 6, affected by the decline in wheat purchases, the inventory of Indian wheat in early September fell to 25 million tons, a new low since 2008, and it is predicted to fall to about 22.
9 million tons in early October (buffer standard is 20.
5 million tons).
In early September, the rice stocks in India reached 24.
65 million tons, and in early October, the rice stocks forecast fell to 20 million tons, but still nearly twice the
10.
2 million tons buffer standard.
According to the News of the Indian Financial Express on September 6, affected by the decline in wheat purchases, the inventory of Indian wheat in early September fell to 25 million tons, a new low since 2008, and it is predicted to fall to about 22.
9 million tons in early October (buffer standard is 20.
5 million tons).
In early September, the rice stocks in India reached 24.
65 million tons, and in early October, the rice stocks forecast fell to 20 million tons, but still nearly twice the
10.
2 million tons buffer standard.
5.
According to the news of the Egyptian Chinese Network on August 31, Egyptian President Sisi ordered that the state food subsidy be increased from 100 Egyptian pounds per month to 300 Egyptian pounds (about 107.
46 yuan) to alleviate the pressure
on citizens to cope with the rise in food prices.
In addition, the Egyptian government plans to increase the allocation of bread subsidy projects by 32 billion Egyptian pounds (about 11.
463 billion yuan).
According to the news of the Egyptian Chinese Network on August 31, Egyptian President Sisi ordered that the state food subsidy be increased from 100 Egyptian pounds per month to 300 Egyptian pounds (about 107.
46 yuan) to alleviate the pressure
on citizens to cope with the rise in food prices.
In addition, the Egyptian government plans to increase the allocation of bread subsidy projects by 32 billion Egyptian pounds (about 11.
463 billion yuan).
