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Russian market - Fork Cast

Current information on the topic Russian market - Fork Cast

A week №50 2024

The sugar beet harvest in the regions of Russia has shown a wide range of outcomes, from failure to increase.

In Krasnodar region, sugar beet yield has decreased from 552 to 352 c/ha. In Voronezh region, 27 thousand hectares were replanted due to frosts, resulting in a yield of 389 c/ha. In Kursk, 4.4 million tons were harvested with a yield of 450 c/ha. Lipetsk region obtained 4.1 million tons due to frosts and drought. Orel region increased the yield by 57 thousand tons, while Tambov region harvested 4.5 million tons.

Poor harvest in the fields of Rostov region: only 10% of winter crops have sprouted due to unfavorable weather conditions.

In the Rostov Region, due to lack of rains, less than 10% of winter crops have already sprouted for the 2025 harvest, while the rest are at the tillering stage due to lack of moisture in the soil. Authorities are considering support options for agricultural producers in case of crop failure. This year, due to drought, farmers lost 50,000 hectares of crops, resulting in damage worth 5 billion rubles.

Market forecast for sugar: production remains stable, prices are under pressure due to surplus.

There was a stable situation in the sugar market: demand remained low, prices hardly changed. Production decreased due to the decline in the quality of sugar beets, however, there is still a surplus. Sugar and raw sugar exports decreased, while imports were cut by a third. The shortage of distillers grains supply to China affected the overall export volume.

A week №49 2024

In the Altai Region, about 6 million tons of grain have been harvested.

In 2024, in the Altai region, 8.4 million tons of grain and leguminous crops were harvested, including record yields for oilseeds, spring wheat, oats, and barley. The harvest included 3.4 million tons of spring wheat, over 740 thousand tons of buckwheat, over 530 thousand tons of barley, over 440 thousand tons of oats, and over 150 thousand tons of lentils.

"Russia is preparing to become a leader in the production of biologics and biofertilizers to increase the competitiveness of the agricultural sector."

At the conference, the importance of developing biopesticides and biofertilizers in agriculture was discussed. Putin is launching the National Project "Bioeconomy" to achieve technological leadership and enter world markets.

Russia is preparing to increase the production of biofertilizers and biopesticides to enhance competitiveness and food security.

Autumn planting of sorrel

The time for late autumn sowings of crops, including sorrel, is coming to an end. This plant is rich in vitamins and minerals that help maintain health. Growing sorrel does not require much effort, and its stratification allows you to get fresh greens earlier than other plants in the season.

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