日本在大米自给率方面，按重量计算包括饲料用在内达到97% 2024年度日本的食品自给率以卡路里计算连续4年为38%。虽然日本国产大米的消费量增 加，但由于国产小麦的消费下降等原因，食品自给率停滞不前。日本政府提出了到2030年度 把食品自给率提高至45%的目标…… 按产品种类来看，以重量为基准计算自给率，大米包括饲料用在内为97%，较上一年度下降2 个百分点。小麦为16%，大豆为7%。 日本整体的食品自给率按产值来看比上一年度上升3个百分点，达到64%。背景是大米价格上 涨等。 版权声明：日本经济新闻社版权所有，未经授权不得转载或部分复制，违者必究。 日经中文网 https://cn.nikkei.com 视频号推荐内容： 日本农林水产省10月10日发布的数据显示，2024年度日本的食品自给率以卡路里计算连续4 年为38%。虽然日本国产大米的消费量增加，但由于收成恶化导致国产小麦的消费下降等原 因，食品自给率停滞不前。日本农相小泉进次郎在记者会上表示，"感受到提高1%的难度。 重要的是能否增加贡献度巨大的大米需求"。 日本政府提出了到2030年度把食品自给率提高至45%的目标。在主要国家中，澳大利亚在 202 ...

作者 | 中信建投期货研究发展部 商品市场上，贵金属和有色两大板块继续作为"领头羊"带动商品向上反弹，农产品板块反弹幅度稍微偏 弱，而能源化工市场仍然在定价未来的过剩预期。 黄金是近期的标志性品种，其既受到基本面支撑，也受到宏观扰动的影响。中国、印度以及其他新兴市 场国家的央行购金行为正从资产配置上升为战略性举措，例如我国央行购金连续11个月增长。截至9月 末，央行黄金储备达到7406万盎司，折约2303.5吨。官方需求的持续增长将黄金推到了"时代资产"的新 定位，既包含对美元信用体系的忧虑，也反映了国际政治格局不确定性下的预防性资产重组。此外，我 们注意到在私人投资者份额中，黄金ETF持有量较低，后续仍然具备充足的开拓空间。简言之，央行购 买与未来ETF持有量的增长有望轮动支撑金价上抬。 与黄金紧密联系的是白银，在预防式降息（经济软着陆）预期下，此前处于较高水平的金银比价收窄， 白银相对黄金走强。同时，流动性宽松提振所有资产，且未影响工业需求。白银凭借"金融+工业"双重 属性，弹性更大。历史数据亦印证了这一点：在2008年金融危机和2020年疫情引发的衰退式降息中，金 银比价均飙升至高位。而在1995-96 ...

Core Insights - Brazil's agricultural GDP is projected to reach 1.406 trillion reais by August 2025, reflecting an 11.3% increase compared to the same period in 2024 [2] Agricultural Production Value - Soybean leads the crop sector with a production value of 322.1 billion reais, marking an 8.8% year-on-year growth [2] - Corn follows with a production value of 164 billion reais, showing a significant increase of 32.4% [2] - Sugarcane's production value is 117.9 billion reais, experiencing a slight decline of 1.3% [2] - Coffee production value stands at 115.2 billion reais, with a remarkable growth of 47.2% [2] - Cotton's production value is 36.6 billion reais, reflecting an 8.4% increase [2] - The combined production value of these five major crops accounts for 53.8% of Brazil's total agricultural GDP [2] Livestock Sector - The production values for beef, poultry, and dairy are 204.1 billion reais, 111 billion reais, and 71.5 billion reais, respectively [2] - The beef industry alone contributes 14.5% to Brazil's agricultural GDP [2] Regional Distribution - The states with the highest agricultural production values are Mato Grosso (221.3 billion reais), Minas Gerais (168.3 billion reais), São Paulo (159 billion reais), and Paraná (157.4 billion reais [2]

滚动｜台风过境 后，粤西农业全 力以"复"_南方 +_南方plus 10月5日下午， 今年第21号台 风"麦德姆"在湛 江徐闻东部沿海 登陆，登陆时中 心附近最大风力 为14级(42米/ 秒，强台风 级），狂风暴雨 席卷粤西大地。 截至10月5日 晚，台风"麦德 姆"已移出广 东，强度逐渐减 弱。广东气象部 门预计，6日至8 日，广东全省多 云，部分市县有 （雷）阵雨。当 地农业救灾复产 的最新情况如 何？南方+、南 方农村报记者带 你直击。 粤西地区某地稻田在"麦德姆"登陆后倒伏。受访者供图 多地水稻倒伏， 农户抓紧救灾复 产 作为我省水稻主 产区，粤西水稻 正处于抽穗开花 和灌浆的关键 期，"好多年没 遇过这么大的台 风了，风太大 了，基本救不回 来了。"廉江种 植大户黄亚平种 植的800亩优质 晚稻"全军覆 没"。据黄亚平 介绍，目前水稻 大多处于灌浆 期，几乎全部倒 伏，对产量影响 超过50%。合作 社种植多种粮 食、蔬菜作物也 都损失惨重，本 次台风导致的损 失在几十万元左 右。在"麦德 姆"登陆地徐闻 县，王隆赞种植 的三亩水稻口粮 全部倒伏。"15 级风刮了好几个 钟头，我们这里 的水稻、玉米、 ...

Core Viewpoint - The article highlights the innovative agricultural practices in Fusui County, Guangxi, focusing on the efficient cultivation of sugarcane through land transfer and intercropping methods, which significantly enhance farmers' income and agricultural productivity [1][2][3] Group 1: Agricultural Practices - Fusui County, known as "the hometown of sugarcane," has implemented an 8,000-acre intercropping model that combines sugarcane with other crops, leading to increased efficiency and profitability [1] - The average yield of sugarcane is around 6 tons per acre, with a net profit of approximately 1,000 yuan per acre after costs, indicating limited income growth for farmers [1] - The introduction of high-standard land remediation, "wide row narrow plant" cultivation, and full mechanization has resulted in direct income increases of over 600 yuan per acre [1] Group 2: Financial and Operational Support - The Fusui Tongzheng Investment and Financing Group has established a stable land transfer mechanism at a price of 1,000 yuan per acre, facilitating the development of modern agricultural facilities [2] - The county plans to cultivate 1.1 million acres of sugarcane by 2025, with an additional 400,000 acres available for cultivation, indicating significant growth potential [2] - The integration of local farmers into daily management and a tiered reward system based on yield has motivated farmers and improved operational efficiency [2] Group 3: Policy and Technological Integration - Agricultural development in Fusui County is supported by policy banks like the Agricultural Development Bank, which aims to enhance rural revitalization and local economic growth through effective fund allocation [3] - The focus on ecological sustainability and the reduction of chemical inputs through new technologies is expected to improve profitability and competitiveness in the sugarcane industry [3] - The use of drones for precise fertilization and IoT monitoring of sugarcane growth exemplifies the integration of technology into traditional farming practices, promoting an eco-friendly and sustainable agricultural model [3]

机构观点 中财期货： 原糖受近月合约反弹带动，主力合约期价反弹至16美分/磅以上，预计近期将宽度震荡，但供应压力仍 未完全释放，反弹持续性仍需观察。国内近期现货市场情绪悲观，昨日产区、加工糖报价均有下调，短 期供应充足，市场情绪脆弱。期货方面仍是原糖引领，昨日原糖交割行情反弹带动下，夜盘跟随反弹。 基本面仍处于弱势格局中，未来影响因素在于内蒙糖压榨进度及广西预售情况。对于期价暂时维持弱势 看法，关注原糖表现。 国信期货： 糖市基本面仍旧承压。预计自10月开始的2025/26年度，全球糖市将有277万吨的供应过剩，而2024/25 年度为供应短缺467万吨。郑糖夜盘跟随外盘反弹。短期5500元/吨左右的支撑跌破，郑糖持续寻底。夜 盘出现减仓反弹，若能持续，有望出现短期底部。操作上建议以短线交易为主。 消息面 StoneX表示，巴西中南部地区2026/27年度的食糖产量预计将达到4210万吨，较上一年度增加5.7%。这 是该咨询公司对新一年度作出的首次预测。StoneX补充称，2026/27年度中南部地区的甘蔗压榨量预计 将达到6.205亿吨，增长3.6%。 9月23日，我国以进口巴西原糖为原料生产的白糖其销售利 ...

Core Points - The 2025 China Farmers' Harvest Festival celebration in Hainan featured unique activities such as showcasing local specialties, participating in fun sports events, and singing harvest songs to celebrate agricultural achievements and share joy [1][2]. Group 1: Event Highlights - The main venue in Danzhou showcased a variety of activities, including a display of Hainan's intangible cultural heritage and an exhibition of the "Party Building + Industry Chain" interactive model, highlighting innovative practices in Hainan's tropical efficient agriculture [2]. - The fun sports event included local-themed competitions such as "catching Danzhou chicken," "Haitou sweet potato obstacle relay," and "competing for Danzhou dried fish," emphasizing teamwork and local culture [5]. - The harvest song event featured performances that celebrated local culture, including a mix of lion dance, calligraphy, and product displays, culminating in a performance by the national-level intangible cultural heritage group, showcasing the vibrant spirit of Hainan's farmers [7].

Core Insights - The Australian government announced an investment of AUD 1.1 billion (approximately USD 735 million) over the next decade to develop the biofuel industry, referred to as the "down payment" for this new sector [1] - The investment plan aims to stimulate private sector investments in biodiesel and aviation fuel, expected to boost demand for biofuel feedstocks such as canola and sugarcane [1] - Australia is a major producer of biofuel feedstocks like canola, sugarcane, and sorghum, with most of the current production being exported [1] - Australian canola is a key raw material for the European biodiesel industry [1] - The Australian agriculture sector has a unique advantage in producing cleaner low-carbon liquid fuels, which can provide the energy needed for achieving net-zero emissions in various transportation sectors [1] - Agricultural groups in Australia have long lobbied for government investment in the biofuel industry, arguing that without government support, the sector would struggle to take off [1] - The temporary CEO of the National Farmers' Federation, Sue McCluskey, emphasized that this initiative is not only about cleaner fuels but also about job creation and diversifying agricultural operations [1]

Financial Data and Key Metrics Changes - The net profit for 2025 was BRL 180 million, down from BRL 288 million in the previous year [44] - Adjusted EBITDA for the period was BRL 167 million, representing a 4% decrease compared to the previous period [46] - The company experienced a significant impact from increased interest rates, resulting in a negative financial result of BRL 80 million [47][48] Business Line Data and Key Metrics Changes - The company sold farms generating BRL 40 million in revenue, compared to BRL 120 million previously [2] - The gross result from sugarcane was BRL 86 million, with a margin returning to historical levels around 30% [54] - The gross result from soy was BRL 76 million, maintaining a margin of 86% despite a 7% decrease in price compared to the previous year [53] Market Data and Key Metrics Changes - The company noted a recovery in cattle raising, selling an asset for BRL 140 million, significantly higher than the BRL 10 million investment [4] - The company reported a decrease in cotton production by 38% due to severe drought conditions in Paraguay [27] - The average selling price for soy was around $10.70, with a notable increase in margins compared to previous periods [41] Company Strategy and Development Direction - The company emphasized its intrinsic characteristic of selling farms as a core part of its business model [2][5] - There is a focus on diversifying crops and regions to mitigate operational and commercial risks [4] - The company is investing in technology and operational efficiency, including the establishment of a centralized operational hub for better monitoring [36][38] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery of internal bases for soy, despite geopolitical challenges [13] - There is a concern about tighter margins in the coming years due to high production costs and market volatility [35][77] - The company is preparing for potential fluctuations in exchange rates and their impact on margins [72][74] Other Important Information - The company plans to distribute dividends of BRL 5 million, the lowest in the last five years, reflecting a cautious approach to capital allocation [59] - The company has a net debt of BRL 785 million, indicating a healthy balance sheet despite the challenging environment [56] Q&A Session Summary Question: Margin expectations and visibility in the market - Management highlighted the need for discipline among farmers due to expected margin compression in the coming years [71][72] Question: Discrepancies in land appraisal values - Management explained that internal appraisals are conservative compared to external evaluations, influenced by market conditions and interest rates [63][66] Question: Transformation of agricultural areas - The company noted a decrease in transformed areas due to rising costs and market conditions, with a focus on maintaining profitability [83][84]

Core Viewpoint - The integration of financial tools and agricultural practices has significantly improved the sugarcane industry in Yunnan, enhancing the stability and profitability for farmers and the company alike [1][10]. Group 1: Agricultural Practices and Support - Yunnan Agricultural Group invests over 90 million yuan annually to implement advanced agricultural techniques and support farmers [2]. - Since 2019, the company has invested over 30 million yuan each year in breeding and demonstration bases for high-sugar cane varieties, increasing the good seed rate from less than 20% in 2018 to over 95% currently [2]. - The average yield of sugarcane has increased from 4 tons in 2018 to around 5 tons due to improved farming techniques and high-quality seeds [2]. Group 2: Financial Mechanisms and Risk Management - The company has established a robust financial framework, including a management system for hedging and risk control, to navigate market fluctuations [4][10]. - In the fourth quarter of last year, the company effectively utilized hedging strategies to lock in profits and avoid potential losses amounting to millions [5]. - The integration of futures trading has created a "stabilizer" mechanism that enhances the resilience of the sugarcane industry against price volatility [7][10]. Group 3: Collaboration and Innovation - Yunnan Agricultural Group collaborates with financial institutions to create innovative financial products, such as "order + futures" to stabilize raw material costs [9]. - The establishment of a financial ecosystem that includes various financial tools is crucial for managing market risks and ensuring stable profits [9]. - The company's approach serves as a model for integrating financial derivatives into modern agriculture, demonstrating the strategic value of such tools [10].