Group 1 - The core viewpoint of the article highlights that Brazil's poultry product exports reached $5.47 billion from January to July this year, with an export volume exceeding 2.9 million tons, primarily to Saudi Arabia and China [1] - The Brazilian National Supply Company (Conab) forecasts that chicken production in Brazil will reach a record high of 15.48 million tons by 2025, representing a year-on-year growth of 1.5% [1]

Core Viewpoint - Hunan's fresh grapes have made their first export to Africa, marking a significant milestone for the region's agricultural exports [1] Group 1: Export Details - A total of 41.6 tons of "Sunshine Rose" grapes were exported from Changde, Hunan to Nigeria and Mauritius [1] - This shipment was facilitated by Changde Customs, which ensured the grapes passed inspection and quarantine [1] - The grapes originated from Changde Guangyue Agricultural Development Co., Ltd. in Lixian County [1] Group 2: Trade Growth - The company has seen a substantial increase in foreign trade orders as the grape sales season approaches [1] - The "Sunshine Rose" grapes have successfully been exported to 14 countries, including Indonesia, Singapore, and Russia [1] - The expected export volume for this production season is projected to exceed 5,000 tons [1] Group 3: Customs Efficiency - Changde Customs has included fresh fruits in the pilot program for batch inspection reform, enhancing export efficiency [1] - After passing on-site inspection, fruits in the same batch no longer require additional checks, significantly improving customs clearance speed [1] - This reform has effectively reduced transportation losses for fresh grapes over long distances [1]

Report Summary 1) Report Industry Investment Rating No information provided. 2) Core Viewpoints - The U.S. soybean export inspection volume for the week ending August 21, 2025, was 382,806 tons, meeting market expectations, and the cumulative export inspection volume this crop year is higher than the same period last year [1]. - As of August 24, 2025, the U.S. soybean good-to-excellent rate rose to 69%, stronger than market expectations, and the pod-setting rate and leaf - falling rate are also reported [1]. - Brazil exported 7,257,837.70 tons of soybeans in the first four weeks of August 2025, with the daily average export volume increasing by 24% compared to August last year [1]. - Malaysian palm oil exports from August 1 - 25, 2025, showed an increase compared to the same period last month according to two different institutions' data [1]. 3) Summary by Related Catalogs Overnight Market Information - U.S. soybean export inspection volume for the week ending August 21, 2025, was 382,806 tons (expected 200,000 - 500,000 tons, previous week revised to 502,794 tons), and the cumulative export inspection volume this crop year is 49,279,891 tons, higher than 44,214,289 tons in the same period last year. The export inspection volume to China was 0 tons [1]. - As of August 24, 2025, the U.S. soybean good - to - excellent rate was 69% (expected 67%, previous week 68%, same period last year 67%), the pod - setting rate was 89% (previous week 82%, same period last year 88%, five - year average 89%), and the leaf - falling rate was 4% (same period last year 6%, five - year average 4%) [1]. - Brazil exported 7,257,837.70 tons of soybeans in the first four weeks of August 2025, with a daily average export volume of 453,614.86 tons, a 24% increase compared to August last year [1]. - Malaysian palm oil exports from August 1 - 25, 2025, increased by 10.9% (ITS data) and 16.4% (AmSpec data) compared to the same period last month [1]. Spot Prices - The spot prices of soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu from August 19 - 25, 2025, are provided in a table [2]. Protein Meal Basis No detailed information provided [3]. Oil Basis No detailed information provided [6]. Oil and Oilseed Futures Price Spreads No detailed information provided [9].

Group 1 - The main contract for late indica rice futures remains unchanged at 2535.00 yuan/ton as of the report date [1] Group 2 - According to Sovecon, Russia's grain export volume in August is expected to reach 4.7 million tons, an increase from 2.9 million tons in July [2] - As of August 23, Brazil's second corn harvest rate is 94.8%, up from 89.3% the previous week, but down from 97.9% year-on-year and slightly above the five-year average of 92.6% [2] - In August 2025, Brazil has shipped a total of 4.9604 million tons of corn, compared to 6.0632 million tons in August of the previous year, with an average daily shipment of 310,000 tons, which is a 12.49% increase from last August's 275,600 tons [2] - The USDA's weekly crop progress report indicates that as of August 24, the good-to-excellent rating for U.S. corn is 71%, above the market expectation of 70%, unchanged from the previous week, and up from 65% year-on-year [2] - The maturity rate of U.S. corn is at 7%, compared to 3% the previous week and 10% year-on-year, aligning with the five-year average of 7% [2] - The wax maturity rate is reported at 83%, up from 72% the previous week and matching last year's figure, but slightly below the five-year average of 84% [2] - The dent rate stands at 44%, an increase from 27% the previous week, consistent with last year's figure and the five-year average [2]

Group 1: Impact of US Tariffs on Greek Agricultural Exports - The US tariffs on EU goods have severely impacted the export of Greek agricultural products, particularly feta cheese, table olives, and olive oil [1][2] - Feta cheese, a key Greek product, has seen its export market share to the US grow to 9% in 2024, but new tariffs threaten its competitiveness [1] - The increase in tariffs from 10% to 15% on Greek table olives since April 2023 has put additional pressure on this sector, with the US accounting for 28% of Greece's total olive exports in 2024 [2] Group 2: Industry Responses and Future Strategies - Greek producers are exploring alternative markets due to the adverse effects of US tariffs on their profitability and market access [3] - The president of the Greek Dairy Industry Association noted that the new tariff policies could weaken the competitive edge of feta cheese in the US market, prompting some producers to look towards emerging markets [1][3] - Local olive growers expressed that the increased tariff costs are significantly damaging their earnings, indicating a potential shift in focus to other markets if prices continue to rise [2]

Group 1: Report Core Views - Australia's 2025/26 rapeseed crop output is expected to be 5.7 million tons, unchanged from the previous forecast, with the forecast range between 5.4 - 6.3 million tons. The near - normal temperatures by October will support crop growth, but the cooling forecast from August 25 - 31 is worth attention due to possible light frost in some areas [1] - Malaysia's palm oil product exports from August 1 - 20 increased by 13.6% compared to the same period last month, reaching 929,051 tons [1] - Indonesia plans to increase its crude palm oil annual output from 48.2 million tons in 2024 to 60 million tons by 2030 to meet the growing demand. To achieve this goal, BPDP has implemented human resource improvement plans and the government has launched a plantation revival plan [1] Group 2: Spot Prices - Spot prices of soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu from August 14 - 20, 2025 are provided, showing price fluctuations during this period [1][8]

Group 1 - The core point of the article highlights that Malaysia's palm oil export volume from August 1 to 20 reached 929,051 tons, representing a 13.61% increase compared to 817,755 tons during the same period last month [1]

Core Viewpoint - The article highlights the significant growth of Yunnan's agricultural exports, particularly fruits and vegetables, to ASEAN markets, driven by geographical advantages, logistics improvements, and supportive policies [1][2][3] Group 1: Export Growth - In the first half of 2025, Yunnan's agricultural exports to ASEAN reached 18.62 billion yuan, a year-on-year increase of 23.5%, with fruit exports growing by 44.3% [1] - The region's unique climate allows for year-round production of various fruits and vegetables, filling seasonal gaps in the ASEAN market [2] Group 2: Infrastructure and Logistics - The opening of the China-Laos Railway and expedited customs processes have significantly improved the speed of agricultural exports [2] - The "Luliang Vegetable Express" cold chain freight train has reduced transportation time to Bangkok by nearly half compared to road transport [2] Group 3: Policy Support - The Yunnan provincial government has implemented measures to optimize tax collection and services to promote the export of highland specialty agricultural products [3] - The establishment of a "green channel" for agricultural exports has facilitated efficient circulation of temperate and tropical fruits [3]

Core Insights - Cambodia's agricultural exports reached $2.42 billion in the first seven months of the year, a 7.5% increase compared to $2.26 billion in the same period last year [1] Export Performance - Key agricultural products exported include rice, bananas, cashews, mangoes, cassava, longan, pepper, and corn [1] - Significant increases in export values were noted for several products: - Cashew exports rose from $490 million to $770 million, a growth of approximately 59% [1] - Corn exports reached $16.66 million, up 52.6% year-on-year [1] - Banana exports totaled $100 million, reflecting a 24.6% increase [1] - Rice exports amounted to $310 million, a year-on-year growth of 11.6% [1] - Longan exports were $24.43 million, up 10.2% [1] - Mango exports were $100 million, showing a slight increase of 0.3% [1] Declining Exports - Some agricultural products experienced a decline in export values: - Rice exports were $610 million, down 16.8% year-on-year [1] - Pepper exports totaled $2.348 million, a decrease of 14% [1] - Cassava exports were $470 million, down 9.8% [1] Major Markets - Cambodia's primary agricultural export markets include China, ASEAN countries, and EU nations [1]

Core Insights - The article highlights the booming production and export of water caltrop, also known as "water ginseng," from Chongqing, China, particularly in Shizhu Tujia Autonomous County, which is the largest production area globally [1][3]. Industry Overview - Water caltrop is a perennial aquatic herb that requires high-quality water and soil conditions for cultivation. It is currently grown on a large scale in regions such as Zhejiang, Chongqing, Hubei, and Hokkaido, Japan [3]. - The planting area for water caltrop in Shizhu is reported to be 14,000 acres, with an annual production of 14,000 tons. The county has developed 35 types of products, including leisure foods, beverages, and skincare items, which are sold in markets such as South Korea, Japan, and Malaysia [3][4]. Export Developments - In December 2024, Chongqing's Water Fire Soil Food Industry Co., Ltd. signed a $100 million export contract with a Japanese company, which includes $80 million worth of water caltrop products. This marks a significant step in the international trade of this agricultural product [4]. - The first self-operated export of ready-to-eat water caltrop occurred in January 2025, indicating a growing presence in international markets [4]. Market Dynamics - The demand for water caltrop is increasing, particularly in Japan, where it is considered a premium ingredient due to its limited local production. As a result, imports from regions like Chongqing are essential [3]. - The harvesting season lasts approximately four months, with significant orders being placed, and advanced preservation techniques allow the product to be stored for extended periods [3]. Local Economic Impact - Local farmers are engaged in the harvesting process, earning between 7 to 8 RMB per kilogram of fresh water caltrop, with daily earnings potentially reaching 800 RMB for efficient workers [5]. - The establishment of the Shizhu Water Caltrop Industry Association in 2024 aims to further develop the industry, focusing on market expansion, technological updates, and product development [7].