On September 4, the International Cooperation Department of the Ministry of Agriculture and Rural Affairs released the Overseas Agricultural Information Express (No. 162)
1. The Food and Agriculture Organization of the United Nations (FAO) stated that global cereal production in 2020 is expected to reach a record 2.765 billion tons, a year-on-year increase of 3%. Co
nsidering that unfavorable weather will lead to reduced corn production in the United States, this forecast is lowered by 25 million tons from July.
2. The U.S. Department of Agriculture said on Wednesday that the Trump administration this year provided the highest agricultural subsidies in history to U.S. agriculture, a
bout 37 billion U.S. dollars. Even if the upcoming $14 billion in federal subsidies are not taken into account, agricultural income in 2020 will be the highest in seven years.
3. The European Commission approved two Romanian natio
nal assistance programs with a total budget of 47.4 million euros to support pig and poultry farming enterprises affected by the epidemic. It is expected to benefit more than 2,000 companies.
4. The latest data shows that Canada exported 670 million Canadian dollars in agricultural products to China in July, a decrease of 20.9% from the previous mo
nth and an increase of 69.1% from the same period last year. im
ports of agricultural products from China were 140 million Canadian dollars, a decrease of 14.8% month-on-mo
nth and 1.6% year-on-year.
5. In the first half of 2020, Argentina’s agricultural exports amounted to 20 billion U.S. dollars, accounting for 74% of the total Afghan exports. This increased fiscal revenue for the Afghan government by 3.6 billion U.S. dollars, mainly soybeans and their products (38.4%), corn (16.6%), Wheat (9.2%), beef (7.4%), fish (4.1%), peanuts (2.3%), barley (2.1%), grapes (2.1%), cheese (2.0%), sunflower seeds (1.9%) and lemon (1.3%), mainly exported to 9 countries including China and Brazil.
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