Heavy Rains Impacted Wheat Harvest in Southern Brazil
Heavy rains in southern Brazil have been damaging wheat crops, particularly in Rio Grande do Sul. Consequently, many wheat farmers surveyed by the Center for Advanced Studies on Applied Economics (CEPEA) have paused spot market negotiations, waiting for further harvest progress. Those continuing to sell have been more flexible with offer prices, acknowledging potential declines in grain quality due to adverse weather. Wheat prices in São Paulo have substantially risen, driven by the state's low productivity. According to National Supply Company (CONAB) data, 98% of the wheat area in São Paulo has already been harvested.
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TikTok tăng cường tích hợp với Spotify và Apple Music thông qua tính năng mới
TikTok vừa bổ sung một số tuỳ chọn mới, cho phép người dùng trực tiếp chia sẻ bài hát, playlists, sách nói… từ Apple Music và Spotify lên nền tảng. Các tuỳ chọn này được tích hợp trong tính năng “Share to TikTok”, giúp người dùng chia sẻ liền mạch nội dung từ các dịch vụ phát trực tuyến lên TikTok.
Ví dụ, khi chia sẻ một bài hát từ Spotify, người dùng có thể tuỳ chỉnh để bài hát xuất hiện dưới dạng video, ảnh hay bài đăng Story trên TikTok. Sau đó, người xem có thể nhấp vào bài hát và được điều hướng trở lại ứng dụng âm nhạc để nghe trọn vẹn.
Tính năng mở ra một phương pháp sáng tạo mới cho người dùng và nhà sáng tạo nội dung; đồng thời, giúp các nghệ sĩ, tác giả và người làm podcast kết nối liền mạch với khán giả của họ trên TikTok.
Người dùng TikTok có thể trực tiếp chia sẻ bài hát, playlists, sách nói… từ Apple Music và Spotify lên nền tảng. Nguồn: TikTok
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Argentina's 2024/25 Rice Production Set to Climb
For the 2024/25 season, Argentina expects to produce 1.462 million metric tons (mmt) of paddy rice, up from 1.089 mmt in 2023/24. Farmers plan to expand rice cultivation from 180 thousand hectares (ha) last season to 215 thousand ha. After milling, Argentina forecasts rice production to reach 950 thousand metric tons (mt). Domestic consumption of milled rice should rise slightly, from 465 thousand mt in 2023/24 to 480 thousand mt. Argentina also anticipates a significant increase in rice exports, reaching 440 thousand mt compared to 300 thousand mt in the prior season. As a result, ending rice stocks are expected to grow to 97 thousand mt, up from 63 thousand mt the previous year.
Philippines' Rice Imports Surged in Oct-24
As of late Oct-24, the Philippines imported 3.68 mmt of rice, marking a significant increase compared to the same period in 2023 when imports stood at 2.84 mmt. According to data from the Rice Import Licensing Authority, this year’s figure exceeds the 2023 rice import volume of 3.61 mmt. Vietnam remains the Philippines' top rice supplier, with imports from Vietnam totaling 2.91 mmt, which accounts for over 79% of the Philippines' total rice imports in 2024. Thailand ranks second with 457,673.28 mt, representing 12.4% of imports, followed by Pakistan with 162,369.48 mt, Myanmar with 114,766.75 mt, and India with 22,039.04 mt. The Philippines' rice imports in Oct-24 alone reached 380,541.58 mt, more than double the 163,217.40 mt imported in Oct-23. This surge suggests that the Philippines may surpass 4 million tons of total rice imports for 2024, with projections reaching as high as 4.5 mmt by year-end.
Yearly Change in Wheat Pricing Important Exporters (W44 2023 to W44 2024)
In W44, Russian wheat prices remained stable week-on-week (WoW) but rose by 4.35% month-on-month (MoM) and YoY, reaching USD 0.24 per kilogram (kg). This increase is due to severe drought conditions, particularly in Oryol, which has declared a state of emergency. The extreme weather and early frosts have adversely affected the 2024/25 wheat production forecast, creating challenges for farmers in wheat sales and reducing market liquidity. Concerns over winter planting for the 2025/26 crop have led the Russian Grain Union (RGU) to call for export restrictions and reevaluate the export quota methodology to better align with global demand and seasonal capacity.
In W44, US wheat prices remained unchanged WoW at USD 0.25/kg. However, prices fell by 3.85% MoM and 10.71% YoY, primarily due to increased supply. The USDA's weekly crop progress report highlighted concerns over US winter wheat conditions. As of October 27, only 38% of US winter wheat had a good or excellent rating, significantly lower than last year's initial rating of 47% and the five-year average of 43.4%. This is also below the average analyst expectation of 47% (LSEG) and among the worst ratings for this time of year, just above 2022. The poor condition of the crop is attributed to a lack of rainfall, raising concerns about the 2025 harvest yields. Drought conditions have worsened recently, with 58% of the US winter wheat area affected by drought as of October 22, up from 52% the previous week and 47% two weeks earlier.
In W44, French wheat prices fell by 4.17% WoW and 8% MoM to USD 0.23/kg, despite the International Grains Council's (IGC) revised global wheat production forecast for the 2024/25 season. The price decline is due to poor harvest conditions in France, where heavy rainfall has damaged crops. This situation raises concerns about export sales, especially to critical markets like Morocco and Tunisia, historically major destinations for French wheat. As they begin their southern hemisphere harvest, diplomatic tensions with Algeria and increasing competition from Argentina and Australia are further weighing on the market.
Ukrainian wheat prices remained stable WoW and MoM in W44 but saw a significant 26.32% increase YoY, reaching USD 0.24/kg. This price rise is due to concerns over drought conditions affecting winter wheat planting for the 2025 harvest. The ongoing war and adverse weather have reduced the area sown with winter wheat, estimated at approximately 4.2 million hectares (ha) in 2024, down from 4.4 million ha the previous year. The expected smaller harvest and lower carryover stocks have further limited the exportable surplus, placing additional upward pressure on prices.
Diversify of Cultivation Practices
Argentina should implement diversified cultivation practices to enhance resilience against climate-related challenges. By integrating drought-resistant rice varieties, such as the "INIA 8" or "Cuba 22," farmers can maintain stable yields even in adverse weather conditions. Moreover, adopting water-efficient irrigation systems like drip or sprinkler irrigation can optimize water usage, which is crucial in regions facing fluctuating rainfall patterns. Education and training programs focusing on these sustainable practices can empower farmers to make informed decisions, increasing productivity and profitability. Engaging agricultural extension services to disseminate knowledge about soil health and crop rotation strategies will further enhance the sustainability of rice farming. This holistic approach promotes environmental health and ensures that farmers can sustain their livelihoods despite the uncertainties posed by climate change.
Develop Resilient Wheat Production Systems Using Technology
Russian wheat farmers should adopt advanced agricultural technologies, such as precision farming and intelligent irrigation systems, to tackle the challenges posed by extreme weather events like droughts. Farmers can optimize water usage, soil management, and pest control using data-driven insights, leading to more resilient wheat production. Furthermore, integrating weather prediction tools into farming operations can help farmers better plan for adverse conditions, allowing them to decide when to plant, irrigate, or harvest. These innovations can help increase the efficiency of wheat production, reduce losses from unpredictable weather, and maintain competitiveness in global markets despite climatic challenges.
Adoption of Climate-Resilient Wheat Varieties and Flexible Harvesting Methods
Brazilian wheat farmers should adopt more climate-resilient varieties, particularly those bred to withstand heavy rainfall and fluctuating temperatures. These varieties can help mitigate the impact of adverse weather conditions, such as the floods and rains currently damaging crops in Rio Grande do Sul. Moreover, incorporating flexible harvesting techniques, like early harvesting or staggered planting, can help farmers adjust to unpredictable weather patterns. Investing in improved drying and storage technologies will ensure that crops are recovered to suitable weather conditions, increasing overall crop yield despite challenges. Farmers can also consider diversifying wheat production with other crops to reduce the financial risks tied to wheat alone.
YouTube Shopping Affiliate chính thức ra mắt tại Việt Nam
Vào ngày 2/11, YouTube chính thức ra mắt chương trình YouTube Shopping Affiliate tại Việt Nam, mở đầu hợp tác cùng Shopee. Sự kiện thể hiện cam kết của YouTube trong việc phát triển hệ sinh thái kỹ thuật số sôi động, không chỉ bằng cách mở rộng nguồn thu cho nhà sáng tạo nội dung, mà còn tạo điều kiện cho các doanh nghiệp nhỏ kết nối với khách hàng, thúc đẩy tăng trưởng kinh doanh trên trực tuyến.
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Ông Ajay Vidyasagar, Giám đốc khu vực Châu Á – Thái Bình Dương của YouTube. Nguồn: YouTube