Foreign Trade of the Russian Federation: Agricultural Product Exports, Grains: News, Market Analysis, Yields, and Prices of Wheat, Barley, and Corn - Fork Cast

The company "Rostselmash" has laid off about 2000 employees due to a decrease in demand for agricultural machinery. Farmers have switched to a reduced work schedule because of the crisis. The factory is operational again for 5 days a week, but in a limited capacity. The situation in the grain sector also remains challenging.

China is implementing drones for smart agriculture. Experienced pilots control fleets, treating crops with pesticides. In Bozhou, 3,000 drones boost production by 25% and assist in logistics. According to plans, by 2027, 10,000 drones will cover 4 million hectares of fields.

Company "EPT" plans to supply 26 million tons of grain to Iran from 2024 to 2035, with the possibility of increasing the volume to 55 million tons. The agreement is signed with the Iranian company IranianEurasia.

The project aims to increase trade turnover and develop the "North-South" transportation corridor.