Russian market - Incubator

Karachay-Cherkessia plans to increase the gross harvest of grain and leguminous crops to 496.9 thousand tons by 2030, which is 24.2% higher than the previous level. State support in the form of subsidies and expanding the arable land will help achieve the set goal. In 2024, producers were allocated 36 million rubles in subsidies.

The Novorossiysk Grain Terminal and the Grain Terminal Complex Taman, which are part of the corporation "Demetra-Holding", have achieved historical success in handling grain from January to November 2024. The volume of grain handled at NGT reached 6.6 million tons (an 11% increase), while at GTCT it reached 5.4 million tons (a 26% increase). Both terminals showed improvement in the number of ships and vehicles.

On the Russian market on December 20, 2024, 17 wheat contracts were sold, with a total volume of 3850 tons. The average price was 18426 ₽ per ton. The goods were offered at different prices, with volumes ranging from 510 to 1500 tons.

Natalia Goncharova, acting Minister of Agriculture of the Kursk region, announced a successful harvest. In 2024, 4.4 million tons of sugar beets were harvested, producing 460 thousand tons of sugar.

In 2024, fruit production in the gardening industry of Stavropol doubled, reaching 87.3 thousand tons. The industry actively implements intensive cultivation methods, with special attention given to apple trees. New support measures for gardening will improve the quality of products and meet the demand.

The Federal Antimonopoly Service (FAS) has requested data from the Russian Union of Flour Milling and Groats Enterprises on the increase in prices for buckwheat. If unjustified price hikes are found, an inspection of the producers of this product will be conducted.

The corn reserves in agricultural organizations as of December 1, 2024 decreased by 4.49% compared to the previous year and amounted to 3.84 million tons.

Compared to December 1, 2023 (4.02 million tons) and November 1, 2024 (4.28 million tons), the reserves also decreased.

In Krasnodar region, sugar beet yield has decreased from 552 to 352 c/ha. In Voronezh region, 27 thousand hectares were replanted due to frosts, resulting in a yield of 389 c/ha. In Kursk, 4.4 million tons were harvested with a yield of 450 c/ha. Lipetsk region obtained 4.1 million tons due to frosts and drought. Orel region increased the yield by 57 thousand tons, while Tambov region harvested 4.5 million tons.

In the Rostov Region, due to lack of rains, less than 10% of winter crops have already sprouted for the 2025 harvest, while the rest are at the tillering stage due to lack of moisture in the soil. Authorities are considering support options for agricultural producers in case of crop failure. This year, due to drought, farmers lost 50,000 hectares of crops, resulting in damage worth 5 billion rubles.

There was a stable situation in the sugar market: demand remained low, prices hardly changed. Production decreased due to the decline in the quality of sugar beets, however, there is still a surplus. Sugar and raw sugar exports decreased, while imports were cut by a third. The shortage of distillers grains supply to China affected the overall export volume.

Supporting agricultural producers: an additional 10 billion rubles have been allocated for preferential loans for farmers. This will help increase agricultural production. In total, in 2024, 300 billion rubles have been allocated for preferential loans, some of which are taken from funds for the development of agriculture.

December 2024: 15 wheat contracts were sold on Russian exchanges. Sales volume - 3850 tons, average price - 18146 rubles per ton. Trading indicators for December 12, 2024 are presented in the table.