Abnormal climate intensifies concerns about food supply, and world food prices have reached an all-time high

Some parts of North America received heavy snowfall last week. According to Canadian media reports, a rare snowstorm will sweep central Canada, southern Saskatchewan and Manitoba, and Northern Ontario from April 13. Canada’s meteorological department warned that these areas are expected to encounter 20 to 50 cm of snow and monsoon with speeds of up to 70 kilometers per hour or even stronger. Some experts said that the snowstorm could be called “historic”. This will mean that the storm affected areas of Canada will delay the sowing time of the new crop.

According to the data released by the food and Agriculture Organization of the United Nations on April 8, with the impact of the conflict in the Black Sea region on the main grain and vegetable oil markets, the world food commodity prices jumped sharply in March to an all-time high. Specifically, the food price index in March rose 12.6% compared with February, and the prices of grains, vegetable oil and meat jumped sharply to the highest level since 1990. The agency pointed out that the overall supply of soybeans, corn and wheat in China is in a tight balance, the future price may maintain a high operation trend, and the prosperity of the planting industry chain is highly uncertain.

According to the theme database of financial Associated Press, among the relevant listed companies:

Jiangsu Provincial Agricultural Reclamation And Development Co.Ltd(601952) planting branches and subsidiaries obtain land management rights through contracting, circulation and trusteeship to engage in rice and wheat raw grain planting, and rice and wheat seed production and rice processing through Dahua seed industry and suken rice industry respectively.

Gansu Yasheng Industrial (Group) Co.Ltd(600108) is a large modern agricultural enterprise group integrating crop planting, Shenzhen Agricultural Products Group Co.Ltd(000061) processing, agricultural technology research and development, agricultural materials service and trade circulation.

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