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The cost of offers for delivery in July 2024 has increased to $884.40 per ton (+$4.02), decreasing by $1 in a week. Over the month, the price dropped by $6.03.

In 2022, the price reached $1619.05, while in 2019 it was $493.45 per ton.

On June 27, 2024, the price for supply of goods for September dropped by 0 dollars to 964.52 dollars per unit.

During the week, the price decreased by 13.45 dollars, and for the month by 48.06 dollars. The maximum price was 1761.72 dollars in June 2022, while the minimum was 569.67 in April 2020.

958.79 dollars was the highest price in July since June 21st.

In 2023, Pakistan purchased 800,000 tons of wheat from Russia for $550 million. Bilateral trade reached $733.8 million, showing an increase of 88.9%. Pakistan exported goods worth $88.5 million, while imports from Russia to Pakistan totaled $645.2 million, marking a 154% increase.

The wheat supplies accounted for $550.1 million, and oil supplies amounted to $20 million. Deliveries are expected to continue in the future.

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.

Scientists have studied the genome of sugarcane, describing its complex structure, and found genes responsible for disease resistance, including brown rust. Deciphering the genome of the R570 hybrid will help create new productive and energy-efficient varieties. This discovery contributes to improving the production of bio-based products and bioenergy.

Rosselkhozbank estimated the market of wild herbs at 1.5 trillion rubles. The industry's development could double the number of employed persons from 5 to 10 million. The export of wild herbs could bring up to $1 billion per year. Russia expects a good harvest of forest mushrooms due to favorable weather. The State Duma supported the bill on strict control over the collection of cedar nuts.

Prices for sugar in New York and London have decreased due to increased production in Brazil. In March, sugar production in this country increased by 313%, reaching 42.245 million tons for the 2023/24 year.

Factories are focusing on sugar by increasing the processing of sugarcane to 48.96%.

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.

Prices for sugar have increased in New York and London due to rising oil prices. The USA will reduce sugar imports from Mexico, which will raise prices and stimulate the search for alternative suppliers.

Rains in Brazil have improved the prospects for sugarcane crops, although long-term challenges are expected.

The work on resolving the export of winter wheat from Russia to China continues. However, it is important to expand the supply of spring wheat from Siberian regions, as it is precisely there that it is grown. The opening of the Chinese market for winter wheat is facing difficulties due to logistical issues. At the moment, Russia does not have significant advantages over other wheat exporters to China.

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.