On September 14, the International Cooperation Department of the Ministry of Agriculture and Rural Affairs released the Overseas Agricultural Information Express (No. 166)
1. Affected by currency depreciation, export subsidies, and declining output in some major sugar producing countries, India's 2019-2020 sugar exports are expected to exceed 5.7 million tons, a year-on-year increase of 50%, setting a new historical record.
2. From January to August this year, Brazil exported a total of 2.833 million tons of chicken meat, a year-on-year increase of 1.8%; realized export revenue of US$4.14 billion, a year-on-year decrease of 11.3%.
3. The European Commission approved Romania's 7.4 million euros natio
nal aid plan. The funds will be paid in the form of direct funding. It is expected to benefit more than 1,000 cattle breeding companies affected by the coro
navirus epidemic.
4. In the first quarter of 2020, the internatio
nal tea price dro
pped from 1.64 US dollars per kilogram last year to 1.44 US dollars, a 14% drop. This is related to the decline in demand in the internatio
nal market and the failure of Kenya, a major tea producer in East Africa, to adjust its production in time. Kenya is the world's largest black tea exporter and produced 460 million kilograms of black tea last year.
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Overseas Agricultural Information Express (No. 165)
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