On September 28, the International Cooperation Department of the Ministry of Agriculture and Rural Affairs released the Overseas Agricultural Information Express (No. 174)
1. Affected by the downward adjustment of US corn production expectations, the Internatio
nal Grains Council (IGC) on the 24th lowered its 2020-2021 global corn production forecast to 1.16 billion tons, while maintaining the 2020-2021 global wheat production forecast of 763 million tons.
2. The Mexican Ministry of Agriculture released the latest agricultural output forecast, predicting that the output of beans will be 1.346 million tons, an increase of 55.3% over 2019; the output of corn will be 29.09 million tons, an increase of 7.3% over the previous year. Rice output was 318,000 tons, an increase of 30.7% over 2019; wheat for bread was 16.155 million tons, an increase of 19.4% over the previous agricultural year.
3. The UAE will cooperate with the Netherlands to build the world's largest greenhouse farm in the Abu Dhabi desert, covering an area of 17.5 hectares and a planting area of 16 hectares. The project is expected to invest 650 million dirhams (a
bout 150 million euros) and will be co
nstructed in three phases.
4. Statistics from the Thai Ministry of Commerce show that in the first eight mo
nths of 2020, Thai rice exports co
ntinued to decline, with an export value of US$2.46 billion, a year-on-year decrease of 14.47%.
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