News company - Fork Cast

The buckwheat harvest in Russia this year will decrease, but the prices for buckwheat will remain stable, according to Vladimir Petrichenko. Rice production will increase. A decrease in the production of millet, oats, and a reduction in the sown areas for some crops compared to last year are expected.

Summer has become problematic for rapeseed producers in the Krasnoyarsk Territory. Therefore, they started developing soybean cultivation as an alternative. They are sharing their experience of successful production with the Amur region. Export problems with rapeseed led farmers to bankruptcy.

On the territory of the Pskov region, 82% of grain crops and 11% of rapeseed have already been harvested, exceeding last year's figures. The potato yield is 342 c/ha. The forecast predicts a grain harvest at the level of last year and an increase in rapeseed yield. There are also plans to increase the potato and vegetable yields.

Kazakhstani analysts have presented a report on the grain market. The price of 3rd class wheat has decreased, as well as that of 4th and 5th class. Durum wheat is priced between 119 and 131 thousand tenge. Barley can be sold, and it is necessary to be prepared for possible price changes. Over 17 million tons of grain have already been harvested, and by the end of the season, they expect 20 million.

Russia has reduced grain exports by 18.7% compared to last year. Wheat exports have decreased by 10.8%. Some countries, including Turkey, Bangladesh, and Saudi Arabia, have also reduced their wheat purchases. Prices on the global markets are rising: French wheat is priced at $246 per ton, American wheat at $248, and Russian wheat at $217. The high demand is expected to have an impact on the domestic market.

The ban on the import of agricultural products from Western countries, introduced in 2014, has been extended until the end of 2026 by the decree of the President of the Russian Federation. This decision, characterized as bold and risky, has justified itself by contributing to the development of domestic agriculture. The Russian agro-industrial complex has shown significant success and the country has become self-sufficient.

Iraq has received a shipment of 40,000 tons of Russian grain, with a second similar shipment expected. The deliveries are carried out within the framework of Haider al-Karawi's plans to import up to 200,000 tons of wheat from Russia monthly.

The area for growing peas in Russia increased by 11.4% in 2024. The total harvest reached 4,716.9 thousand tons in 2023, the highest ever. The forecast for 2024 is 4,806.0 thousand tons.

Regional differences: a decrease in productivity in some regions, but growth in Tatarstan, Udmurtia, and the Novosibirsk region.

In Kalmykia, the sunflower harvest reached 52% of the total sown area, amounting to 6.2 thousand tons. 5.1 thousand tons of flax and 0.29 thousand tons of rapeseed were gathered. 728.6 thousand tons of grain were harvested, exceeding the average rate by 10%. The best results in harvesting were achieved in the following districts: Yashaltinsky, Gorodovikovsky, and Sarpinsky.

Farmers in the Kostanay region faced a shortage of gas for harvesting due to supply problems. The company is struggling to meet the gas volumes, which complicates the harvesting process.

The Chamber of Entrepreneurs discussed the situation and possible intervention.

In 2024, Ukraine may receive the largest harvest of soybeans in history - 5.9-6 million tons, which is 9% more than last year. Despite weather difficulties, the yield is increasing due to a larger planting area. The active harvesting in the western regions will help improve the quality. Low prices on the global market create challenges for Ukrainian producers.

In India, customs duties on palm and sunflower oil have been increased, which will increase the incomes of farmers. The minimum price for onion exports has been canceled. These measures are aimed at supporting farmers, especially in Maharashtra and Madhya Pradesh, without affecting the market.