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Export restrictions on palm oil from Indonesia have prompted experts to predict a decrease in production and the maintenance of high prices. Malaysia may benefit from this, as consumers may turn to its palm oil. Rising prices have also led to an increase in the import of CPO from Malaysia.

Ivan Makalov will become the General Director of the sugar production segment at Rusagro company starting from August 1st. He will replace Sergey Goryachev, who previously held this position. Ivan Makalov's previous position was the financial director.

In Bashkortostan, 102 thousand tons of new harvest grain have been collected with a yield of 35 c/ha, which is 40% higher than the previous year. The main crop is winter wheat. Harvesting has begun in 26 districts, mainly in the Aurgazinsky and Sterlitamaksky districts. Rainy weather is slowing down work in the fields. It is planned to harvest 3.5 million tons of grain and 600 thousand tons of oilseeds. Last year, the harvest was 3 million tons, with unfavorable weather conditions being cited as the reason.

During the first half of 2024, Moldova exported 264,000 tons of corn. The export decreased due to low crop yields caused by dry weather. The main destination was Romania (36.5%), followed by Turkey and Switzerland.

From 2021 to June 2024, Moldova exported 138.5 million liters of alcohol and 73.3 thousand tons of DDGS.

Agrarians in Kuban have started to harvest soybeans from an area of ​​over 197,000 hectares, growing domestic varieties bred to be resistant to drought and heat.

Last year, soybean exports reached 3,500 tons worth $1.7 million. In 2023, the harvest amounted to 328,000 tons.

Scientists from SKFU have created a device for monitoring soil and plant growth to improve crop yields. They have developed a method for analyzing soil using a radar system to optimize agricultural processes. The new data allows for carrying out agronomic activities and determining the necessary amount of fertilizers.

The soybean harvest in Russia is expected to reach 7.35 million tons this year. 4.05 million hectares of land have been sown with soybeans, with a 22% increase in the Central District and a 15% decrease in the Far Eastern District. Amur Region is the leader in soybean production.

The soybean freight collection in the country increased by 13.7% in 2023 compared to 2022.

Prices for wheat with a protein content of 12.5% in exports are rising: Russian reached $222/ton, French - $240/ton, German - $243/ton, while American decreased to $211/ton. The reasons are poor crops in France, drought in the USA, heavy rainfall in the Baltics.

Exports of Russian wheat have increased to 15.8-15.9 thousand rubles/ton. "Rusagrotrans" has raised the export forecast for July. The export duty has been reduced to 906.4 rubles/ton.

The price of August rapeseed futures in Paris fell by 4.5% due to prolonged rains, delaying the harvest. Rapeseed prices are on the rise due to high demand, but the drop in August futures is attributed to increased supplies. Prices for canola and rapeseed in Ukraine have also decreased. Traders are actively purchasing rapeseed for export to the EU.

Corporation "Agrokomplex" by N. I. Tkachev harvested 2.3 million tons of grain from 487 thousand hectares. The harvest began two weeks earlier due to warm weather.

Yield: wheat - 49.7 c/ha, barley - 80 c/ha. The impact of drought and May frosts affected the grain yield in the Rostov Region and Krasnodar Territory.

The company "Tula Plant of Vegetable Oils" has increased its production by opening a new site in Yelets. The project's investments amounted to over 3 billion rubles, and 177 new jobs have been created. A new production facility is planned for further oil processing.

The Ministry of Agriculture can regulate the turnover of mineral fertilizers by expanding its powers without interfering in production. The main goal is to increase the availability of fertilizers and boost exports.

Fertilizer production in Russia has grown by 9% and may reach 70 million tons in the next 5 years.