News company - Wheat Demand and Supply Dynamics: Trend Analysis - Fork Cast

The Russian government has extended the temporary ban on the export of live rice until the end of 2025 due to production problems following the accident at the hydropower plant. Exceptions to the ban include supplies to the Eurasian Economic Union and humanitarian aid.

A tariff quota has been introduced for the export of processed rice and cereals.

In Tunisia, the harvest is successfully coming to an end. A total of 134,208 tons of grain have been collected, including 133,735 tons for consumption and 473,600 tons for seeds.

The wheat harvest is planned to be 1,350,000 tons and barley - 550,000 tons. Tunisia remains a major consumer of Russian wheat.

Land areas under oilseed crops in Russia have reached a historical maximum of 20 million hectares, with a harvest of 31-32 million tons. Producers are switching to sunflower, rapeseed, beans, reducing wheat and rye cultivation. It is expected that processing of oil crops and meal will increase.

Export of meal decreased by 10%, rapeseed meal increased, while soybean meal decreased.

The center of Rosselkhozbank has completed the Forum on the development of linseed production in Russia. The planting area will increase by 5%, reaching 1.753 million hectares, with a yield of up to 1.42 million tons.

This year, the export of linseeds has decreased by 15%, with China and Belgium leading in purchases.

ICAS is preparing to adjust the crop forecast in the Rostov region and Krasnodar region due to soil moisture disruption. However, the harvest in other regions may increase. In Kuban, 13.8 million tons of grain were harvested, in the Rostov region - 11.6 million tons. According to ICAS forecast, by 2025, Russia is expected to produce 130-131 million tons of grain. New data will be presented next week after field inspection.

In 2024, 125.85 million tons of grain were harvested, including 82.5 million tons of wheat.

The export of vegetable oils decreased by 22% during the first 5 months of 2025. The export of sunflower seeds, soybeans, rapeseed, and flax decreased. Prices for the products are declining due to abundant reserves and negative producer margins.

According to the exchange report, the volume of grain sales from the state reserve fund has decreased to 1350 tons.

The sale of rye from the 2023 harvest was conducted at the National Commodity Exchange. It is planned to sell up to 3 million tons of grain. By June 6, 219,510 tons of grain were sold for 3.2 billion rubles.

Wheat prices dropped on three exchanges on Tuesday. The USDA report showed that the winter wheat harvest is 3% complete. A decrease in wheat crop is expected in Ukraine. Corn prices have slightly increased, while soybean prices have risen. The market is supported by expectations of negotiations between Trump and Xi.

Indonesia reduced palm oil exports by 5.37% in the first 4 months of 2025, but the total value increased by 20% to $7.05 billion. The export duty on crude oil was increased from 7.5% to 10%.

In Kazakhstan, the rise in wheat prices continues. Prices for grains of different categories remain high. Some grain processors doubt the official data on grain reserves and express dissatisfaction. The demand for soft wheat remains high.

The consumption level of mayonnaise in Russia remains one of the highest in the world - 5 kg per person per year. According to OleoScope, the production of mayonnaise products will increase to 929 thousand tons by 2025, with export growth. Consumer preferences are shifting towards sauces. Retail sales of mayonnaise have decreased, while sauces have increased.

Roman Nekrasov from the Ministry of Agriculture has announced plans to increase rice and grain production in the North Caucasus region. The production of fruits and berries in this region will also be increased to 1.6 million tons by 2030, with a share of 45.5% in production by 2024, aiming for 46.4%.