Cereals - Fork Cast

Prices for soybean oil in Chicago have dropped due to uncertainty in the US green energy program.

Meanwhile, futures for palm oil in Malaysia have also decreased due to a decline in exports.

Prices for sunflower oil in Ukrainian ports remain stable, but sunflower meal is becoming cheaper.

There is high demand for sunflower seeds due to a shortage of global supplies.

The Vologda Region has increased its exports of chocolate to Vietnam, caviar to Jordan, and the Maldives. The production of dairy products and confectionery has also grown. The exports have doubled in the first 10 months of 2024, thanks to the national project "International Cooperation and Export".

Land has been analyzed for the presence of the herbicide clomazone, manganese, eggs, and parasitic larvae. Excessive levels were detected in 7.8% of the samples. The information has been reported to the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor).

Exceeding levels of clomazone can lead to plant growth retardation, while manganese slows down crop growth and may result in crop damage.

Scientists from Michigan and PRL are studying how the American birch adapts to the environment through photosynthesis. They have found that trees maintain a reserve capacity to adapt to environmental changes. This confirms that they can cope with climate change and maintain high activity of photosynthetic enzymes.

A meeting between the UN and Russia on grain and fertilizer supplies may take place in February. The conditions of the memorandum on unlocking exports and other measures have not been met. Talks with the UN team on access to agricultural markets are ongoing.

The "grain deal" has been terminated, as Russia declined to extend its validity.

It is projected that grain harvest in Russia will exceed 139.5 million tons by 2025, with a yield reaching 29 quintals per hectare. The implementation of modern technologies and government support contribute to increasing crop yields without expanding farmland.

Artists in Kazakhstan are facing a problem with selling their rice due to falling prices. It is necessary to find a solution as the market is stagnant. Authorities are discussing the issue and looking for ways to support farmers whose harvest cannot be sold due to the current situation.

American farmers are switching to cheaper generic pesticides due to falling incomes. This leads to a decrease in profits for agrochemical companies, including Bayer. Farmers opt for savings but acknowledge the disadvantages of generics. The trend is growing due to an increasing number of generic offerings in the market.

Rosselkhozbank predicts grain harvest in Russia in 2025 at the level of 139.5 million tons, thanks to the implementation of modern technologies and government support.

Other forecasts suggest more modest results. The area of sowing and yield will also increase.

The Ministry of Agriculture of the Russian Federation is extending the ban on the export of rice and rice groats until January 1, 2025 due to a decrease in the yield following an accident in the Krasnodar Region.

Production is expected to increase by 2024, but exports are not planned due to stable prices.

Kazakhstan asks Rosselkhoznadzor to allow the transportation of lentils to Turkey and promises to provide information on quarantine control.

The Russian agency is concerned about the illegal import of sanctioned products from Kazakhstan and initiates an investigation. As a result, cases of document falsification are revealed.

In the north of Siberia, the Far East, and the Urals, cold weather down to minus 30 degrees is expected, while in the south of Western Siberia there will be high temperatures. It will be especially cold in Taymyr and Chukotka. In other regions, temperatures will return to around zero.