World market - Fork Cast

The cost of offers for delivery in July 2024 has increased to $884.40 per ton (+$4.02), decreasing by $1 in a week. Over the month, the price dropped by $6.03.

In 2022, the price reached $1619.05, while in 2019 it was $493.45 per ton.

On June 27, 2024, the price for supply of goods for September dropped by 0 dollars to 964.52 dollars per unit.

During the week, the price decreased by 13.45 dollars, and for the month by 48.06 dollars. The maximum price was 1761.72 dollars in June 2022, while the minimum was 569.67 in April 2020.

958.79 dollars was the highest price in July since June 21st.

In 2023, Pakistan purchased 800,000 tons of wheat from Russia for $550 million. Bilateral trade reached $733.8 million, showing an increase of 88.9%. Pakistan exported goods worth $88.5 million, while imports from Russia to Pakistan totaled $645.2 million, marking a 154% increase.

The wheat supplies accounted for $550.1 million, and oil supplies amounted to $20 million. Deliveries are expected to continue in the future.

Scientists have studied the genome of sugarcane, describing its complex structure, and found genes responsible for disease resistance, including brown rust. Deciphering the genome of the R570 hybrid will help create new productive and energy-efficient varieties. This discovery contributes to improving the production of bio-based products and bioenergy.

Prices for sugar in New York and London have decreased due to increased production in Brazil. In March, sugar production in this country increased by 313%, reaching 42.245 million tons for the 2023/24 year.

Factories are focusing on sugar by increasing the processing of sugarcane to 48.96%.

Prices for sugar have increased in New York and London due to rising oil prices. The USA will reduce sugar imports from Mexico, which will raise prices and stimulate the search for alternative suppliers.

Rains in Brazil have improved the prospects for sugarcane crops, although long-term challenges are expected.

The Central Russian breed of bees is hardworking and resistant to diseases. Farmer Nikolay Kudryavtsev is developing beekeeping in the Kostroma region and produced 2.5 centners of honey in 2023. He is also actively promoting apitherapy - bee treatment, offering tourists relaxation in an apiary.

In Mali, the share of wheat supplies from Russia makes up 40% of all imports. Russia is also a major supplier of other agricultural products to Mali. The country plans to start exporting cotton, sesame, cashew nuts, and mangoes to Russia.

The quota for rice import from Vietnam to Russia in 2025 will increase by 1.6%, while Belarus will reduce its quota by 0.6%. Russia will receive 7403 tons (compared to 7288 tons), Belarus - 2447 tons (compared to 2462 tons), Armenia - 150 tons (compared to 250 tons). The total quota is 10 thousand tons.

Representatives of the Ministry of Agriculture, the Ministry of Economy, and mushroom growers discussed the development of the Russian mushroom industry. Production has increased by 10 times, but has faced challenges: high VAT, unclear classification, mycelium shortage, and sanctions. Experts called for changes in legislation, government support, and classification.

In Karelia, the Ayrshire breed of cattle is successfully bred. There are about 14,000 purebred Ayrshire cows in the region. At a practical seminar, specialists from different regions discussed the development of pedigree livestock breeding and evaluated bull-producers. More than 90 specialists from various regions of Russia took part in the event.

In March 2024, the FAO Food Price Index reached 118.3 points, exceeding February by 1.3 points. The rise in prices for oils, milk, and meat was partially offset by the decrease in sugar and grain prices. The index increased after a prolonged decline, remaining below last year's level by 9.9 points.

The sugar prices decreased in March due to the increased production forecast in India and active harvesting in Thailand.