Russian market - Fork Cast

Last week, prices remained stable, and the negative weather news was mitigated by the increase in sugar beet planting areas.

The new Minister of Agriculture plans to harvest 45.5 million tons of sugar beets; however, the crop may be threatened by heat and lack of rain. The cost price of white sugar from beets ranges from $662.8 to $896.29 per ton.

In the Stavropol region, 2.7 million tons of grain were harvested from 788.8 thousand hectares of harvesting area. The best crop yield results in different districts range from 31.2 to 62.4 centners per hectare. This information was announced by the Minister of Agriculture of the region.

Basic export prices for grains in Russia have been increased by lowering export duty rates. This contributes to the growth of exports and supports agricultural producers. The changes came into effect on July 1, 2024.

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 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.

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 the Rostov region, harvesting of early grains and leguminous crops is underway. 445 thousand tons of crops have been harvested from 140 thousand hectares of land (4.4%). The yield is 31.8 centners per hectare.

In 2024, it is planned to harvest wheat, barley, leguminous crops, and other grains on 3.2 million hectares.

In the Komarichsky District of the Bryansk Region, the company "Agroprodukt" successfully cultivates sugar beets due to good soil conditions. Last year, they harvested 230,000 tons from 4,000 hectares, and this year - 144,000 tons with a yield of 340 c/ha. This season, the company plans to set a new record.

In Atkarsk, a project to modernize sunflower production is presented. It is planned to build a grain elevator complex for 60,000 tons of seeds, carry out a major overhaul of the workshops, and invest 6.8 billion rubles. Rusagro is also modernizing the Saratov Fat Refinery and constructing an oil extraction plant. Production will double.

The acting governor of the Kemerovo region is confident that the goals of food independence will be achieved. In the region, almost 939 thousand hectares of crops have been sown, using over 7 thousand units of machinery and 70 thousand tons of fertilizers. The farmers' activities are active in various districts, where cultivation of different crops is carried out.

In Orenburg, cooperation in combating locusts on the border between Russia and Kazakhstan was discussed. It turned out that the problem exists on 72.49 thousand hectares of land, but 95% has already been treated. Foci of insect reproduction have been detected. The strategy is not to treat the entire territory, but to focus on priority zones.

Researchers note that the use of plastic and glass roofs in greenhouses has a cooling effect, lowering the temperature inside by several degrees. Millions of hectares of land around the world are already covered by greenhouses with reflective surfaces. The results have shown a positive impact on the climate.