Monitoring - Fork Cast

Russia plans to export 1 million tons of meat abroad this year. The exports have increased to Chinese and African markets. However, the strengthening of the ruble and animal diseases in Europe could pose risks to the plans.

The company "Damate" has been granted the first right in Russia to export turkey meat to Singapore.

Export of wheat from Russia decreased to 1.9 million tons in February, the lowest level in the past five years.

Prices for wheat within the country have risen. Further decrease in export volumes is predicted due to low profitability and demand from exporters.

The potential wheat export for this season is estimated at 42 million tons, a decrease of 1.9 million tons compared to the previous season.

The company ProZerno has announced that the prices for rye have increased from 8 to 15.1 thousand rubles per ton. Wholesale prices have risen by 70%, reaching 11,223 rubles per ton. The reduction in rye cultivation due to high costs and low profits is causing concern among specialists.

It is possible that rye will become a niche product due to insufficient demand and high production costs.