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All news - Fork Cast

Current information on the topic All news - Fork Cast on forkagro.com

A week №18 2024

Wheat futures on the CBOT are setting new records, a price drop is expected next week.

Futures for wheat on the Chicago exchange are rising due to weather conditions, reaching record levels. Prices for soybeans are falling, while corn prices remain stable. Dry and frosty weather is creating instability in the market. Experts anticipate a temporary price decrease due to rain. Harvest forecasts are less optimistic, but wheat prices may remain stable.

The Minister of Health of Estonia does not plan to introduce a sugar tax in the near future, despite potential positive changes.

The Minister of Health of Estonia does not plan to introduce a tax on sugary products in the near future, despite suggestions from analysts. The decision is driven by insufficient evidence of the effectiveness of such a tax and already planned tax changes.

In Russia, there are plans to build two new citric acid production plants to meet the growing demand for the product.

In 2025, two new citric acid production plants will be launched in Russia. One will be located in the Tula Region, and the other in the Voronezh Region. A third plant will be opened in the Krasnodar Territory. The demand for citric acid in Russia is increasing due to the development of the food industry.

Flour mills in Kazakhstan have suspended operations due to the pressure of Russian flour, which is 50 tenge cheaper than theirs.

In Kazakhstan, mills have temporarily suspended their work due to pressure from cheap Russian flour. In the Pavlodar region, only 7 out of 15 flour mills are operating, while the rest have ceased their activities due to unfavorable conditions. Processors are asking for permission to purchase grain on more favorable terms to maintain production.

The trading house RIF has filed a lawsuit seeking compensation for damages against the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor).

The trading house "RIF", now renamed "Native Fields", has filed a lawsuit for $60,000 against the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) due to delays in obtaining certificates.

Three ships with certificates have been exported to Egypt, while eight ships are still detained. The losses are estimated by the company's founder at $1 million per day.

"Meta-analysis of conservation measures: 44,000 species at risk of extinction, but actions help to preserve biodiversity"

The first meta-analysis in the history of Science has shown that conservation measures reduce the risk of extinction for more than 44,000 species. Protected areas, invasive species management, and other actions improve biodiversity in 66% of cases.

Support for nature is becoming more important as ecosystems are of great importance for life on Earth.

Россельхозбанк увеличил кредиты для аграриев на 11% в первом квартале 2024 года, общая сумма - 424,6 млрд рублей.

Rosselkhozbank allocated 424.6 billion rubles in loans to farmers in the first quarter of 2024, which is 11% more than last year. Farmers received preferential terms for 113.7 billion rubles. The bank also allocated 197 billion rubles for seasonal work.

The total amount for exports is 113.8 billion rubles.

The European Union is preparing to introduce tariffs on grain imports from Russia and Belarus, which threatens Kazakhstan's exports to the EU.

The European Union is planning to introduce duties on grain imports from Russia and Belarus. This threatens the export of grain from Kazakhstan to the EU. A deputy has sent inquiries to the Ministry of Agriculture and the Ministry of Trade, proposing transit through Kazakhstan. In case of duties being introduced, the export of grain from Kazakhstan and prices may suffer.

World wheat prices are rising: Soft +9.63%, Hard +11.13%, Spring +7.77%. An increase in exports is expected.

World prices for wheat are rising: soft winter +9.63%, hard winter +11.13%, hard spring +7.77%. Maize +1.50%, rice -1.00%.

In Russia, prices are decreasing: wheat -0.09%, barley -2.39%, maize +2.00%.

Sales of agricultural machinery are increasing, but volumes are decreasing due to low incomes of farmers.

A week №17 2024

Egypt has proposed the establishment of an international grain storage center to tackle the food crisis.

Egypt plans to establish an international center for storing and trading grain to combat food crisis. The initiative is supported by development partners and actively discussed at the G20 summit.

The African Union is joining the G20. These steps will help influence global politics and economy.

Malaysia is striving for sustainable palm oil production to preserve its export potential and protect the environment.

The Minister of Commodities of Malaysia emphasized the importance of addressing environmental and social issues in the production of palm oil. He noted that this is crucial for maintaining the country's export potential, which is vital for the state revenues and numerous job opportunities. Malaysia aims to become a leader in the production of edible oils, including palm oil.

Anniversary Conference in Stavropol Krai: Scientists' Contribution to Agriculture and Science

In Russia, a successful agricultural conference was held. Scientists Ageev and Kharechkin made a significant contribution to science. Guests from different regions congratulated the researchers. The results of demonstration experiments on the use of bio-preparations were presented.

The director of the institute presented a report on the relationships between plants and fungi. The conference united the scientific community.

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