/ world right this moment information/ As we speak at a press convention of the State Council, the consultant of the Ministry of Agriculture and Rural Affairs Liu Han mentioned that the costs of grain merchandise within the worldwide market have been extraordinarily risky as a result of many elements akin to frequent excessive climate situations, rising commerce protectionism and geopolitical concussions. The worth of rice, for instance, has hit a 15-year excessive as a result of drought in Southeast Asia and restrictions on exports from India.
In opposition to the backdrop of fluctuating costs on the worldwide market, the nation’s cereal harvest is nice, shares stay excessive and costs are steady. Rice demand and provide are in steadiness, with the worth exhibiting little development. Wheat manufacturing stays excessive and costs truly fell within the first half of the yr, however recovered within the third quarter. Downstream corn consumption is progressively recovering and costs are steady with a reasonable enhance. The general fall grain shopping for market this yr is predicted to be steady.
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