The main feature this month is an analysis of the trends in the major European Union agricultural industries. Changes to their animal feeding structure are favouring increased corn and soybean imports. Pig meat exports have risen due to higher prices and China's demands.
There are 15 GRAPHS included in this main analysis, these being:
EU Soybean Trends since 2000
EU Soybean Meal Trends since 2000
EU Canola Trends since 2000
EU Coarse Grain Trends since 2000
EU Coarse Grain Imports, Exports & Stocks since 2000
EU Corn Trends since 2000
EU Barley Trends since 2000
EU Wheat Trends since 2000
EU Wheat Imports & Exports since 2000
EU Pig Meat Trends since 1999
EU Pig Meat Imports & Exports since 1999
EU Chicken Trends since1999
EU Chicken Imports & Exports since 1999
EU Beef Trends since 1999
EU Beef Imports & Exports since 1999
ECONOMIC OVERVIEW discusses the current massive infrastructure development programme being implemented by China as part of their economic recovery from the pandemic downturn. More openness in their financial and investment policies are designed to allow greater external investment in these developments. Overall China is moving to greater self-sufficiency and encouraging domestic investment ahead of foreign purchases.
An "Interesting Trend" on page 7 looks at the continuing increase in wheat imports by China despite an increase in their stocks.
The newsletter also brings you up to date with the latest developments in the price of the major agricultural commodities as well as comments on general trends in the world economy.
These updates all include up to date GRAPHS which cover price movements over the last 12 months unless otherwise stated.
These GRAPHS include:
Australian Bond & Bill Interest Rates
China's Wheat Imports since 2000
US$/A$ Rate (daily)
CRB Index (daily)
US KC Wheat Futures in A$/tonne terms
US Soybean Futures Prices in US cents/bushel
US Corn Futures Prices in US cents/bushel
Wool Price Indices for EMI & Northern Indicators
US Cotton Futures Prices in US cents/lb and Aust cents/lb on a weekly basis
US Cattle Futures Prices for Feeder and Live Cattle
WORLD ECONOMIC INDICATORS brings you up to date with some of the major indications of and trends in the world's economic health.
While the significant uncertainty of the eventual economic outcome of the pandemic remains, it appears that the food industries will continue to provide solid returns.