News company - Oilseed Market: Prices and Record Harvest in Russia - Incubator

Current information on the topic News company - Oilseed Market: Prices and Record Harvest in Russia - Incubator

In the Kaluga region, the area of ​​rapeseed planting has been increased by 63% as part of the harvest of 2025, aimed at the prospective development of oilseed crops.
  • 28 June 2025

In the Kaluga region, the area of ​​rapeseed planting has been increased by 63% as part of the harvest of 2025, aimed at the prospective development of oilseed crops.

#Cereals
#Oilseeds
#Wheat
#Sunflower

In the Kaluga region, 9.3 thousand hectares were sown with rapeseed for the harvest of 2025, increasing the area by 63%. Growing rapeseed is considered promising and is used in the food industry, animal husbandry, as fuel, in medicine, and cosmetology.

Altyn Shyghys plant from Kazakhstan will initiate the supply of crude sunflower oil to China through CITIC Construction Co Ltd.
  • 27 June 2025

Altyn Shyghys plant from Kazakhstan will initiate the supply of crude sunflower oil to China through CITIC Construction Co Ltd.

#Cereals
#Oilseeds
#Wheat
#Sunflower

Altyn Shyghys plant from Kazakhstan will send sunflower oil to China for Sinograin. The production corporation consolidates export batches, helping farmers enter global markets. Within the project, contracts worth $20 million have already been signed. Cooperation with CITIC Construction is the result of meetings in Astana and Beijing, contributing to exports.

Unfavorable weather forecast in the USA will result in crop damage due to high humidity.
  • 26 June 2025

Unfavorable weather forecast in the USA will result in crop damage due to high humidity.

#Cereals
#Oilseeds
#Wheat
#Sunflower

Weather forecast in the USA until July 2: warm, high humidity in the corn belt. The influence on corn and soybean crops due to high humidity, market deterioration due to contradictions. Improvement of weather is expected in the plains of winter wheat.

Production of Brazilian soybeans is growing, the USA expects a crop of 118.84 million tons. Argentina plans to introduce 49 million tons to the market.

Russian sunflower harvest sets records: an increase of 941 thousand hectares has been announced, corresponding to 105% of the plan.
  • 26 June 2025

Russian sunflower harvest sets records: an increase of 941 thousand hectares has been announced, corresponding to 105% of the plan.

#Cereals
#Oilseeds
#Wheat
#Sunflower

The sunflower crop in Russia by June 20, 2025 covers 11.4 million hectares, which is 941 thousand hectares more than last year. The largest increase in sowing areas was recorded in the Siberian Federal District (+119%), with 4.95 million hectares planted in the Volga Federal District. Half of the federal districts have exceeded the planned targets. The projected harvest for the new season is 17.3 million tonnes.

According to the forecast of Rosselkhozbank, flaxseed oil production in Russia is expected to increase by 5%, reaching 1.753 million hectares by 2030.
  • 11 June 2025

According to the forecast of Rosselkhozbank, flaxseed oil production in Russia is expected to increase by 5%, reaching 1.753 million hectares by 2030.

#Cereals
#Oilseeds
#Wheat
#Sunflower

The center of Rosselkhozbank has completed the Forum on the development of linseed production in Russia. The planting area will increase by 5%, reaching 1.753 million hectares, with a yield of up to 1.42 million tons.

This year, the export of linseeds has decreased by 15%, with China and Belgium leading in purchases.

Production of oilseeds in Russia will reach a historical maximum, the harvest will exceed 31 million tons.
  • 11 June 2025

Production of oilseeds in Russia will reach a historical maximum, the harvest will exceed 31 million tons.

#Cereals
#Oilseeds
#Wheat
#Sunflower

Land areas under oilseed crops in Russia have reached a historical maximum of 20 million hectares, with a harvest of 31-32 million tons. Producers are switching to sunflower, rapeseed, beans, reducing wheat and rye cultivation. It is expected that processing of oil crops and meal will increase.

Export of meal decreased by 10%, rapeseed meal increased, while soybean meal decreased.

Exports of vegetable oils decreased by 19% in the first five months of 2025, reaching 2.72 million tons.
  • 10 June 2025

Exports of vegetable oils decreased by 19% in the first five months of 2025, reaching 2.72 million tons.

#Cereals
#Oilseeds
#Wheat
#Sunflower

The export of vegetable oils decreased by 22% during the first 5 months of 2025. The export of sunflower seeds, soybeans, rapeseed, and flax decreased. Prices for the products are declining due to abundant reserves and negative producer margins.

"Otan Astygy" invests 5.3 billion tenge in the construction of an oil extraction complex in the Kostanay region of Kazakhstan.
  • 10 June 2025

"Otan Astygy" invests 5.3 billion tenge in the construction of an oil extraction complex in the Kostanay region of Kazakhstan.

#Cereals
#Oilseeds
#Wheat
#Sunflower

Company "Otan Astygy" is investing 5.3 billion tenge in the construction of an oil extraction complex in the Kostanay region, Kazakhstan. The project will be financed with 4.7 billion tenge from loans and 600 million tenge from own funds.

The plant's capacity will be 22 thousand tons of oil and 32.8 thousand tons of cake per year. The start of production is scheduled for December 2026.

Prices for soybean meal are falling due to a decrease in demand and an increase in imports in China and Russia.
  • 6 June 2025

Prices for soybean meal are falling due to a decrease in demand and an increase in imports in China and Russia.

#Cereals
#Oilseeds
#Wheat
#Sunflower

Imports of soybeans to China have increased, but the price is decreasing - by 14% in May and by 2.75% since June.

In Russia, prices for soybean meal have dropped to 43,100 rubles per ton due to a record harvest.

Belarus and Zimbabwe plan to strengthen cooperation in the field of agriculture.
  • 6 June 2025

Belarus and Zimbabwe plan to strengthen cooperation in the field of agriculture.

#Cereals
#Oilseeds
#Wheat
#Sunflower

The Minister of Agriculture of Belarus and the Deputy Minister of Agriculture of Zimbabwe discussed increasing supplies of milk, butter, and machinery. Zimbabwe aims to strengthen cooperation with Belarus at the "Belagro-2025" exhibition. Both parties plan to expand the range of products and deepen cooperation.

Kazakhstan is ready to become a leader in oil production.
  • 4 June 2025

Kazakhstan is ready to become a leader in oil production.

#Cereals
#Oilseeds
#Wheat
#Sunflower

Local oil producers in Kazakhstan strive to compete with Russia and Ukraine. The development of the industry is supported by the National Association of Oilseed Processors. There are plans to increase the cultivation areas and develop processing for export to countries in Central Asia, including China and Iran.

The government is strengthening logistics to ensure the growth of the industry.

Exports of palm oil from Indonesia decreased by 5%, but the total value increased by 20% to $7.05 billion.
  • 4 June 2025

Exports of palm oil from Indonesia decreased by 5%, but the total value increased by 20% to $7.05 billion.

#Cereals
#Oilseeds
#Wheat
#Sunflower

Indonesia reduced palm oil exports by 5.37% in the first 4 months of 2025, but the total value increased by 20% to $7.05 billion. The export duty on crude oil was increased from 7.5% to 10%.

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