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News company - Incubator

Current information on the topic News company - Incubator

Vice Prime Minister of the Russian Federation Novak has instructed to develop support measures for agricultural machinery industry before the planting season.
  • 21 February 2025

Vice Prime Minister of the Russian Federation Novak has instructed to develop support measures for agricultural machinery industry before the planting season.

#Cereals
#Groats
#Stern
#Wheat
#agricultural products

Before the start of the sowing campaign in Russia, it is planned to support the agricultural machinery industry. Deputy Prime Minister Alexander Novak instructed to coordinate the necessary support measures taking into account the sanctions. Discussions included financial indicators, credit burden, and demand for agricultural machinery.

The volume of soybean processing in the United States remains at a high level, despite a slight decrease in January.
  • 21 February 2025

The volume of soybean processing in the United States remains at a high level, despite a slight decrease in January.

#Cereals
#Oilseeds
#Wheat
#Sunflower

In January, soybean processing in the USA reached 5.45 million tons, slightly below the previous record. Some plants slowed down due to weather conditions, while the demand for soybean oil decreased. Global soybean processing increased to 349.3 million tons, and soybean meal trading rose to 107.4 million tons.

Production of oil from rapeseed in Russia decreased by 16.3% in a year, but is expected to increase due to record harvest.
  • 21 February 2025

Production of oil from rapeseed in Russia decreased by 16.3% in a year, but is expected to increase due to record harvest.

#Cereals
#Oilseeds
#Wheat
#Sunflower

According to Rosstat, in 2024, the production of oil from rapeseed in Russia decreased by 16.3% compared to the previous year. Over the past 5 years, it has grown by 2.2 times, and over the past 10 years, by 3.6 times.

In December 2024, the production volume increased by 16.2%. The growth in production is associated with a record harvest of rapeseed. More information: ab-centre.ru.

Agricultural producers in the Rostov region will start spring sowing a week earlier due to climate change.
  • 20 February 2025

Agricultural producers in the Rostov region will start spring sowing a week earlier due to climate change.

#Cereals
#Groats
#Stern
#Wheat
#agricultural products

Agricultural producers in Rostov region will start spring sowing a week earlier due to the weather. It is planned to sow 1.9 million hectares and increase the area of seed plantings for row crops. 88% of fertilizers and 105 thousand tons of seeds are stockpiled.

"AgroEco company plans to launch a new dairy complex in the Voronezh region with a production volume of 33.9 thousand tons of milk per year."
  • 18 February 2025

"AgroEco company plans to launch a new dairy complex in the Voronezh region with a production volume of 33.9 thousand tons of milk per year."

#Cereals
#Oilseeds
#Groats
#Stern
#Wheat
#agricultural products
#Sunflower

In the Voronezh region, a modern dairy complex for 3600 cows is actively being built. Half of the work has been completed, and the launch is planned for December 2025. The project will cost 6 billion rubles and create 130 jobs. Equipped with the latest technologies, it will be able to produce 33.9 thousand tons of milk per year.

Western agricultural machinery manufacturers are preparing to return to the Russian market, experts predict.
  • 18 February 2025

Western agricultural machinery manufacturers are preparing to return to the Russian market, experts predict.

#Cereals
#Groats
#Stern
#Wheat
#agricultural products

The Chairman of the Agricultural Machinery Dealers Association believes that some Western manufacturers may return to the Russian market. John Deere and AGCO have temporarily stopped supplying, but small companies are already active. Trading centers offer local partnerships to re-enter the market.

The record number of trials of Russian sunflower hybrids is expected next year.
  • 18 February 2025

The record number of trials of Russian sunflower hybrids is expected next year.

#Cereals
#Oilseeds
#Wheat
#Sunflower

In the current year, an increase in trials of Russian sunflower hybrids is expected, with the area planted with oilseed crops also growing. The number of oil extraction plants in Russia is increasing, contributing to the processing of raw materials. According to forecasts, by 2025 the sunflower acreage will reach 10.1 million hectares, and soybean acreage will be 4.6 million hectares per season.

Krasnodar Krai has overcome challenging weather conditions: the harvest has decreased, but the region remains a leader in crop production.
  • 17 February 2025

Krasnodar Krai has overcome challenging weather conditions: the harvest has decreased, but the region remains a leader in crop production.

#Cereals
#Groats
#Stern
#Wheat
#agricultural products

In 2024, agricultural crops in the Krasnodar region grew worse than in the past 10 years: drought following rains reduced the yields of corn, soybeans, sugar beets, and sunflower. The overall harvest of grains and legumes decreased by 4.5%, but the region remains a leader in Russia in their collection.

"The metal structures plant refuses to supply grain carriers due to high inflation and expensive loans."
  • 16 February 2025

"The metal structures plant refuses to supply grain carriers due to high inflation and expensive loans."

#Cereals
#Groats
#Stern
#Wheat
#agricultural products

The metal structures plant from the Saratov region refuses to supply 815 out of 1000 grain hopper cars due to high inflation and expensive loans.

The court has cancelled the decision to pay for the remaining cars, only 185 have been delivered. There is a possibility to amend the contract terms instead of terminating it.

Expensive loans and raw materials complicate the production process.

The antitrust authority is reviewing EFKO's application to purchase Tolyattinskogo kombinat and has determined that it does not pose a threat to competition.
  • 14 February 2025

The antitrust authority is reviewing EFKO's application to purchase Tolyattinskogo kombinat and has determined that it does not pose a threat to competition.

#Cereals
#Oilseeds
#Wheat
#Sunflower

The service is considering a request from the company "EFKO Food Products" to purchase shares of Tolyattinsky kombinat for processing oilseeds. Experts believe that this will not violate competition in the oil market.

Oilseed production in Bashkortostan increased by 7% in 2024, providing an excess of vegetable oil for the domestic market.
  • 14 February 2025

Oilseed production in Bashkortostan increased by 7% in 2024, providing an excess of vegetable oil for the domestic market.

#Cereals
#Oilseeds
#Wheat
#Sunflower

In 2024, oil extraction plants in Bashkortostan increased production by 7%, reaching 389 thousand tons of products.

The harvest of oilseeds increased by 41%, reaching 746 thousand tons. The republic is provided with vegetable oil at 6-7 times the norm.

67% of agricultural exports are vegetable oils.

Novak has instructed to consider the establishment of direct contracts between agricultural producers and retail chains.
  • 14 February 2025

Novak has instructed to consider the establishment of direct contracts between agricultural producers and retail chains.

#Cereals
#Groats
#Stern
#Wheat
#agricultural products

The Deputy Prime Minister of the Russian Federation has instructed the Ministry of Agriculture and the Ministry of Industry and Trade to explore the possibility of concluding direct contracts between agricultural producers and retail chains.

The plan is to determine prices for products and regulate rice exports.

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