1. According to the latest report released by the Food and Agriculture Organization of the United Nations (FAO), global supply and demand are once again uncertain due to the termination of the Black Sea Cereal Initiative and the implementation of India's rice trade restrictions. The international food price index averaged 123.9 points in July, up 1.3% from the previous month, but still down 11.8% from the same period last year. The main reason for the rebound of the international food price index in July was the significant rise of the vegetable oil price index, up 12.1% from June, reversing the decline of 7 consecutive months, among which, the international sunflower oil price rebounded by more than 15%.
2. According to the Australian Food Center network on August 4, the Australian government received a notice from the Chinese Ministry of Commerce that from August 5, China will cancel 80.5% anti-dumping and countervailing duties on Australian barley. Foreign Minister Ng Eng Yin, Trade Minister Don Farrell and Agriculture Minister Murray Watt issued a joint statement welcoming China's decision, noting that it will pave the way for Australian wheat exporters to return to the Chinese market, benefiting both Australian producers and Chinese consumers. In this regard, the Australian barley industry is generally excited.
3. According to the Japanese Economic news on August 5, the Japanese Ministry of Agriculture, Forestry and Fisheries announced on August 4 that the export value of agricultural products and food products in the first half of 2023 was 714.4 billion yen (equivalent to 36.1 billion yuan), an increase of 9.6%, a record. Analysis of the reasons, first, the lifting of epidemic restrictions across China, increased demand for eating out, beef, apples and other exports of rapid growth; Second, the depreciation of the yen has brought about a decline in the price of Japanese products compared with the past, and the export of aquatic products and pearls has grown rapidly.
Overseas Agricultural Information Bulletin (No. 372)
Release Time：2023-08-22 Source：农业农村部 Views：
