Russian market - Incubator

On November 20, 2024, trading sessions on white sugar were held at the National Commodity Exchange and the Saint Petersburg Exchange.

10 contracts for 820 tons were sold at a price range of 55480-56500 rubles per ton, and one contract for 200 tons at 54500-56000 rubles per ton.

The maximum prices at the National Commodity Exchange and the Saint Petersburg Exchange were 56500 and 56000 rubles per ton respectively.

Grain trading on Russian exchanges on November 20, 2024: 14 contracts for the purchase of wheat were concluded, with a total sales volume of 4150 tons and an average price of 17798 ₽ per ton.

Scientists from the UK have created a spray coating for greenhouses that absorbs blue light and converts it into red light, increasing productivity. The use of this technology can reduce energy consumption and enhance the taste of fruits. A patent for the material replacing rare earth elements has already been filed.

In the Rostov region, winter wheat is falling behind due to rains. Monitoring the condition of plants, diseases, and pests. So far, the situation with mice and cereal leaf beetles is under control. The harvest depends on the weather, specialists are conducting monitoring.

The Chita poultry farm produced 9.2 million eggs in 10 months of 2023 with the financial support of the regional government. The new workshop with modern equipment helped increase the production of chicken eggs.

This year, the enterprise received 2.5 million rubles in government support.

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.

The season of collecting spring crops in Bulgaria has ended. The hot summer significantly reduced the yield of corn and sunflower seeds. The corn yield has dropped by 35% compared to last year. Corn stocks have decreased by 27%. Bulgaria plans to restore irrigation to increase crop yield. The situation with wheat harvest is better.

The Chishmin Plant in Bashkortostan has started supplying sugar beet pulp to Uzbekistan. A batch of 20 tons was sent in November, with plans to increase the volumes to 1000 tons monthly. Beet pulp is in demand in Uzbekistan's livestock farming and is considered an effective feed additive.

The plant has expanded its capacity after modernization and changed its strategy, focusing on supplies to China and Kazakhstan.

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.

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.

Russian manufacturers of veterinary drugs have ambitious plans, including increasing production and exports, replacing imports of animal products, and expanding product range. The market is actively developing due to import substitution policy, and further growth is expected. AGROBRICS+ in Moscow is scheduled for April 2025.

In the Russian grain exchanges on November 18, 2024, 13 wheat contracts were sold, with a total volume of 3850 tons. The average price per ton was 17889 rubles (178.9 dollars). Prices at auctions ranged from 17000 to 18400 rubles per ton.