B[Ministry of Agriculture and Rural Affairs: Accelerate the construction of agricultural science and technology innovation conditions platform and plan to lay out a number of major agricultural science and technology infrastructure, pilot and concept verification platforms] October 10th, the Ministry of Agriculture and Rural Affairs held a national agricultural science and technology work conference in Beijing on the 10th. The meeting emphasized the need to strengthen the promotion and application of scientific and technological achievements, pay close attention to the integration of agricultural technology, build a good agricultural technology promotion system, make full use of the power of diversified socialized technical services, and open up the "last mile" of agricultural technology implementation. It is necessary to speed up the construction of agricultural science and technology innovation conditions platform, plan and lay out a number of major agricultural science and technology infrastructure, pilot and concept verification platforms, give full play to the role of the national agricultural high-tech industry demonstration zone, and deepen international cooperation in the field of agricultural science and technology. It is necessary to strengthen the construction of agricultural science and technology talent teams, vigorously cultivate strategic scientists and leading talents, accelerate the cultivation of industrial technical talents and young scientific and technological talents, and ensure that the source of agricultural science and technology innovation is abundant. B[USDA quarterly inventory report: As of September 1, 2026, the total stock of old-crop soybeans in the United States is 315 million bushels] On October 1, the USDA quarterly inventory report showed that as of September 1, 2026, the total stock of old-crop soybeans in the United States was 315 million bushels. The market expected 324 million bushels, compared with 316 million bushels in the same period last year (revised to 325 million bushels). Total U.S. wheat stocks were 1.846 billion bushels, compared with market expectations of 1.872 billion bushels, compared with 2.12 billion bushels in the same period last year (revised to 2.134 billion bushels); U.S. old-crop corn stocks totaled 2.095 billion bushels, compared with market expectations of 1.918 billion bushels, compared with 1.532 billion bushels in the same period last year (revised to 1.551 billion bushels). B[The agricultural sector fluctuated and rose, Hainan Rubber rose by the daily limit] On September 30, the agricultural sector fluctuated and rose, Hainan Rubber rose by the daily limit, Qiule Seed Industry, Dunhuang Seed Industry, Shennong Seed Industry, and Kangnong Seed Industry followed suit. On the news, according to the National Climate Center of the China Meteorological Administration, sea temperatures in the equatorial central and eastern Pacific Ocean have continued to warm since September. This is the first time in monitoring records that the climatic and decadal-scale sea temperature index has exceeded 3°C. The peak of the sea temperature index is expected to occur around November, at 3.2°C to 3.5°C, which will form the strongest super El Niño event in the history of monitoring records. B[The agricultural sector was active in the afternoon and Wanxiang Denong rose by the daily limit] On September 23, the agricultural sector was active in the afternoon, with Wanxiang Denong rising by the daily limit, followed by Jinjian Rice Industry, Dunhuang Seed Industry, and COFCO Sugar. In terms of news, the Ministry of Agriculture and Rural Affairs recently held a national "Three Autumn" agricultural production work video conference. The meeting emphasized that we must pay close attention to the autumn management and autumn harvest, pay close attention to the impact of super El Niño climate, refine emergency plans for meteorological disasters and pests, diseases, and weeds, and solidly promote the construction of high-standard farmland. B[The agricultural sector rebounded in shock and Xinsai shares hit the daily limit] On September 22, the agricultural sector rebounded in shock during the day, and Xinsai shares hit the daily limit. Tianshan Biological, Beidahuang, Yongshun Biological, Yasheng Group, Jinjian Rice Industry, etc. followed suit. On the news, the National Development and Reform Commission stated that in order to cope with risks and challenges such as El Niño, it will make good use of policy grain resources, promptly launch minimum purchase price implementation plans in qualified places, and play a good policy supporting role. B[The Black Sea becomes "another Hormuz" and global food supply sounds alarm] September 21st, due to the conflict in the Middle East, global attention has been focused on the Strait of Hormuz and soaring oil prices. But the Black Sea shipping impasse is further exacerbating the economic damage, not only threatening to drive inflation further higher, but also threatening the food security of fragile countries. Bond investors said that food supply risks have not yet been fully priced by the market, and the market is currently paying more attention to the cost of energy and other commodities. The Black Sea connects Europe and Asia and is an important transportation channel for global crops to some of the world's most populous countries. Russia and Ukraine together account for more than a quarter of global wheat trade, roughly the same share of global seaborne oil that passes through the Gulf Strait of Hormuz.
“The Black Sea is to the global wheat trade what the Strait of Hormuz is to the global oil trade,” said Caitlin Welsh, a food security expert at the Center for Strategic and International Studies think tank in Washington. “The world has underestimated the impact of these attacks.” According to estimates from research institute SovEcon, during the July-September harvest season, Russia and Ukraine’s combined wheat exports may end up being only about half of what they were in the same period last year. B[Ministry of Agriculture and Rural Affairs: Vigorously promote "artificial intelligence +" agriculture and expand application scenarios such as drones and the Internet of Things] On September 20, the party group of the Ministry of Agriculture and Rural Affairs held a meeting on the 20th. The meeting emphasized the need to cultivate and expand the agricultural machinery equipment industry as a key support for agricultural modernization, adhere to the direction of intelligent, green, and integrated development, focus on high-end intelligence, agricultural machinery suitable for hilly and mountainous areas, and other outstanding shortcomings, concentrate on superior resources, tackle key breakthroughs in a number of iconic complete machines and key common technologies, accelerate pilot verification and mature applications, and make more areas of agricultural production "organically available and well-used." It is necessary to vigorously promote "artificial intelligence +" agriculture, expand application scenarios such as drones and the Internet of Things, and allow new productivity to better empower the development of modern agriculture. B[Two departments: By 2030, the comprehensive mechanization rate of crop cultivation and harvest will exceed 80%] On September 18, the Ministry of Agriculture and Rural Affairs and the Ministry of Industry and Information Technology issued the "15th Five-Year Plan for the Development of National Agricultural Mechanization." It pointed out that by 2030, the high-quality development of agricultural mechanization will achieve remarkable results: the comprehensive mechanization rate of crop cultivation and harvest will exceed 80%, and the three major staple foods of wheat, rice, and corn will achieve a higher level of mechanization; the quality and efficiency of crop mechanization in plain areas will be further improved, and the comprehensive mechanization rate of crop cultivation and harvest in hilly and mountainous areas will strive to increase to more than 75%; the mechanization of livestock and aquaculture and primary processing of agricultural products will accelerate. New technologies and equipment such as artificial intelligence and new energy are widely used in the field of agricultural mechanization. The ability to provide social services for agricultural machinery operations has been greatly improved, and the ability of agricultural machinery to prevent, reduce, and provide disaster relief has been significantly enhanced. B[Agricultural sector rebounded in shock, Jinjian Rice Industry 2 consecutive stocks] On September 18th, the agricultural sector rebounded in intraday shocks, Jinjian Rice Industry rebounded in 2 consecutive stocks, Denghai Seed Industry, Wanxiang Denong, Fujian Jinsen, Suken Agricultural Development, Jingliang Holdings, etc. followed suit. In the news, Verisk Maplecroft, a leading global risk consulting firm, said in a report released on Thursday that extreme weather disasters will exacerbate food security risks in Asia and may trigger unrest in fragile countries such as India, Indonesia and the Philippines.
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