News

  • USDA cuts global wheat production and ending inventory expectations
    Post time: Nov-15-2021

    The USDA released the supply and demand report in November, reducing the global wheat production in 2021 / 22 by 590000 tons, from 77587 million tons predicted last month to 77528 million tons. The USDA kept the output expectations of major wheat exporting countries such as the United States, Can...Read more »

  • Thailand’s breeding industry is affected by the rise in corn prices
    Post time: Nov-12-2021

    Comprehensive Thai media reported on November 5 that the price of feed corn in Thailand continued to rise, affecting the whole production chain including aquaculture and feed processing industry. The feed processing industry calls on the government to adjust the farmers’ income guarantee po...Read more »

  • Global wheat prices will remain high
    Post time: Nov-11-2021

    Wheat accounts for 30% of the world’s grain production. Most of the harvested wheat is consumed, and a small part is used for industry or feed consumption. Therefore, as the second largest food crop in the world, the supply and demand of wheat is of great significance to global food securit...Read more »

  • Brazil’s chemical fertilizer import record
    Post time: Nov-10-2021

    Brazil’s economic value reported on October 29 that according to the data of Brazil’s national supply company (conab), Brazil imported 29.1 million tons of chemical fertilizer in the first nine months of this year, setting a new record in the same period, and the procurement volume in...Read more »

  • Climate change may lead to a quarter reduction in corn yield by 2030
    Post time: Nov-09-2021

    The latest research results recently released by the National Aeronautics and Space Administration (NASA) and the International Institute for Applied Systems Analysis and other institutions show that due to the damage of climate change to traditional weather patterns, the global per unit area yie...Read more »

  • Some grain prices in Russia may rise by 10% – 20%
    Post time: Nov-08-2021

    Russian news network reported on October 25 that Russian grain producers said that affected by the insufficient output in the main production areas, the prices of buckwheat, oats and cereal chips will rise by 10% – 20% from November. The price of buckwheat in Altai border region, one of the...Read more »

  • In 2020, the income of rice farmers in the Philippines will drop to the lowest in five years
    Post time: Nov-05-2021

    According to the Philippine Star on November 1, the Philippine Statistics Agency (PSA) data show that the income of Philippine rice farmers decreased slightly in 2020, mainly due to the slight increase of rice production cost and the continuous decline of farm prices. In this year, the average co...Read more »

  • The price of Oilseeds in the world’s central and western regions rose due to rainfall
    Post time: Nov-04-2021

    Foreign media news on October 31: as of the week of October 29, 2021, most of the global oilseed market rose, continuing the rise last week, because the rainfall in the Midwest of the United States led to the interruption of autumn grain harvest, the tight supply of rapeseed in Canada, and the La...Read more »

  • La Nina may have little effect on soybean yield in South America
    Post time: Nov-03-2021

    According to an important news recently released by the National Climate Center, the SST in the equatorial Middle East Pacific has continued to decline since July this year. It is expected to enter the La Nina state in October and form a weak to medium intensity La Nina event in winter. In additi...Read more »

  • Thailand plans to implement crop income guarantee measures
    Post time: Nov-02-2021

    Comprehensive Thai media reported on October 27 that the Ministry of Commerce of Thailand proposed the farmers’ income guarantee project for 2021 / 22. The cabinet has approved the farmers’ income guarantee project for rice, cassava and corn planting proposed by the Ministry of Commer...Read more »

  • Vietnam exports 100000 tons of chemical fertilizer per month
    Post time: Nov-01-2021

    Vietnam’s Saigon economic Online reported on October 25 that in the first nine months of this year, Vietnam exported more than 900000 tons of various chemical fertilizers, with an average price of more than 333 US dollars / ton. This means that Vietnam exports 100000 tons of various chemica...Read more »

  • Chinese fruits and vegetables entering Vietnam have increased significantly
    Post time: Oct-29-2021

    Vietnam’s business daily reported on October 23 that due to the impact of social isolation, Vietnam’s domestic vegetable and fruit sales are difficult, and Vietnam’s vegetable and fruit imports from China have increased sharply. According to the data released by the General Admi...Read more »