B[The agricultural sector fluctuated higher, Jinjian Rice Industry approached the daily limit] On October 16, the agricultural sector fluctuated higher, Jinjian Rice Industry approached the daily limit, Hainan Rubber, Qiule Seed Industry, Dunhuang Seed Industry, and Wanxiang Denong followed suit. On the news, Goldman Sachs’ latest research report pointed out that with the increase in attacks on Black Sea export ports and merchant ships, global grain transportation continues to be affected. Since the beginning of July, wheat and corn prices have increased by about 12% and 15% respectively. Russia and Ukraine together account for about 30% and 16% of global wheat and corn exports. B[The decline in the concept of agriculture, forestry, animal husbandry, and fishery expanded, Hainan Rubber hit the limit] October 15th, the decline in the concept of agriculture, forestry, animal husbandry, and fishery expanded in the afternoon, and Hainan Rubber hit the limit. Previously, Jingji Intelligent Agriculture, the first international limit, COFCO Sugar, Tianma Technology, Jinjian Rice Industry, Dunhuang Seed Industry, Wanxiang Denong, Shennong Group and other stocks fell more than 5%. B[United Nations Warning: Wheat and flour stocks in Taiz, Yemen may be less than three weeks] October 14th, United Nations Secretary-General Spokesperson Duyarik said on the 13th local time that the war in Yemen continues to escalate, and basic supplies are increasingly scarce in Taiz, the capital of Taiz Province, and existing wheat and flour stocks may be exhausted in less than three weeks. Fuel shortages also threaten local water supplies, exacerbating public health risks. Dujarric said that the United Nations is deeply concerned about the continued military escalation in the region. Fierce conflicts on many fronts in Yemen, especially in Taiz, are causing serious humanitarian consequences for civilians, causing large-scale displacement and material shortages. In addition, overcrowding in displaced persons settlements, insufficient clean water, and a lack of medical services further exacerbate public health risks. Citing a report from the World Health Organization that day, he said there was a surge in suspected cholera cases in Yemen. About a quarter of the more than 8,000 suspected cases reported this year occurred in the last four weeks. B[Agricultural sector rises again, Hainan Rubber hits daily limit] On October 12th, the agricultural sector rose again in the afternoon, Hainan Rubber hit the daily limit, Wanxiang Denong, Guannong Shares, Jinjian Rice Industry, Shennong Group, etc. all rushed higher. On the news, the main rubber futures contract on the Shanghai Futures Exchange once stood at 21,000 yuan/ton during the day, a new high since February 2017. 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.
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