Agricultural News

Sri Lanka hopes to export more agricultural products to China

Sri Lanka’s “Daily Mirror” reported that Sri Lanka’s ambassador to China, Kohona, spoke at the 12th International Infrastructure Investment and Construction Summit. Encourage more Chinese companies to invest in Colombo Port City and Hambantota Industrial Park in Sri Lanka.

Thailand's fresh fruit exports exceed US$2 billion in the first half of 2021

According to a recent report by the Bangkok Commercial Daily, the Trade Policy and Strategy Office of the Ministry of Commerce of Thailand stated that in the first half of 2021, Thai agricultural exports increased by more than 20%, and many commodities grew strongly, especially fresh fruits. From January to June 2021, Thailand’s fresh fruit exports totaled 2.89687 billion US dollars, a year-on-year increase of 42.21%. The main export market, China, accounted for more than 83% of Thailand’s fresh fruit exports. Exports to other markets are also increasing, such as Hong Kong, Vietnam, and Malaysia. And South Korea. From January to June, Thailand’s fresh fruit exports to China amounted to US$2.4255.2 billion, a year-on-year increase of 71.11%. The main export fruits include durian, longan, and mangosteen. The provinces, autonomous regions, and municipalities that China imported the most fresh fruits from Thailand were Guangdong Province, US$86756 million, Guangxi Province US$74301 million, and Chongqing City, US$4857.9 million.

Imported coffee prices soar in Sweden

"Swedish Daily" reported on July 26 that Brazil’s coffee plantations were severely hit due to frost, and Sweden’s demand for coffee beans continued to increase after the epidemic. The price of coffee is now skyrocketing, reaching its highest level in seven years. If it continues to develop, coffee may become more expensive in Sweden in the long run. Danske Bank agricultural experts said that the increase in demand will also affect prices, because Swedish coffee is completely dependent on imports. The price increase is mainly due to three different factors. Earlier this year, Brazil, the world's largest coffee producer, was hit by drought and frost. Forecasts show that this year's harvest is expected to be 19% lower than last year. At the same time, frost will also affect the harvest of the next season, and prices will remain high. Experts believe that many unexpected things may happen next year. At the same time, as more countries open up after the epidemic, the demand for coffee has increased substantially. There is also the factor of rising transportation costs.

Anec: Brazil's corn exports in 2021/22 are expected to be cut by more than half

The Brazilian National Grain Exporters Association (Anec) board president Luciano Souza announced on Wednesday that the country will only export 17 million tons of corn in the 2021/22 cycle, which is less than half of the previous year’s exports. This year, the drought after the frost has hurt Brazil's export prospects. If the forecast is confirmed, Brazil's corn exports will be lower than the 2015/16 cycle level, when bad weather affected crops, Brazil sold 18.8 million tons of corn on the export market.