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Russian market - Incubator

Current information on the topic Russian market - Incubator

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agricultural products Buckwheat Cereals Economy Export Fuel Groats Import Rice Stern Sugar Wheat Winter crops
Egg prices in Russia will start to decrease.
Egg prices in Russia will start to decrease.
In Russia, egg prices are expected to start decreasing thanks to the recommendations of the regulatory body. Major producers have agreed to lower wholesale prices, which will lead to a decrease in retail prices. The Federal Antimonopoly Service (FAS) will monitor the implementation of the recommendations to prevent collusion and anti-monopoly violations. The rise in egg prices since the beginning of the year has been significant, leading to antimonopoly investigations in ten regions. Egg imports have been introduced without duties, and domestic production has been increased to stabilize prices.
Sugar production in January 2024 increased by 48.15%, reaching 548,670 tons.
Sugar production in January 2024 increased by 48.15%, reaching 548,670 tons.
Sugar production in January 2024 increased by 48.15%, reaching 548,670 tons, whereas in January 2023, 370,358 tons were produced. In the previous month, the volume was 1,090,553 tons.
Decrease in grain yield, but increase in corn.
Decrease in grain yield, but increase in corn.
Rosstat reported that in 2023 the yield of agricultural crops in Russia decreased: wheat by 10.4%, barley by 8.3%, while corn, on the contrary, increased by 15.6%. In total, the yield of grain and leguminous crops amounted to 31 quintals per hectare.
India has agreed to resume rice exports to Singapore following a request for 110,000 tons.
India has agreed to resume rice exports to Singapore following a request for 110,000 tons.
India has allowed the export of rice to Singapore, emphasizing the close relationship between the countries and compliance with food safety requirements. This step was taken after a request from Singapore and other countries.
Russian grain exports continue to grow despite quotas: 1.87 million tons were shipped in 10 days, with corn increasing by 20.7%
Russian grain exports continue to grow despite quotas: 1.87 million tons were shipped in 10 days, with corn increasing by 20.7%
Grain exports from Russia are growing despite export quotas. Within 10 days of February, 1.87 million tons of grain were shipped, with corn increasing by 20.7%. The export forecast for the current year has been raised to 67 million tons, including 55 million tons of wheat. Grain purchases by Egypt and Turkey decreased, but increased in Oman and Kenya.
Russian regions with the most affordable fuel prices.
Russian regions with the most affordable fuel prices.
Residents of the Yamalo-Nenets Autonomous Okrug can buy more fuel with their salary than residents of Ingushetia. Gas prices in Russia increased in 2023, but after the government's stabilization, they decreased slightly. At the beginning of 2024, prices started to rise again. The average price of AI-92 in January 2024 was 7.2% higher compared to 2023.
Trading at the National Commodity Exchange: white sugar was sold at high prices.
Trading at the National Commodity Exchange: white sugar was sold at high prices.
On February 13, 2024, trading for white sugar took place at the NTB through spot trading and commodity auctions. The number of contracts, volume, and prices were as follows: spot trading - 33 contracts, 2120 tons, 56923 rubles per ton; auctions - 2 contracts, 168 tons, 58702 rubles per ton. Prices varied in different districts.
Grain processing at the Novorossiysk bread production plant increased by 38% for the current season.
Grain processing at the Novorossiysk bread production plant increased by 38% for the current season.
In January 2024, JSC "NCHP" processed 603.8 thousand tons of grain, which is 18.6% less than the previous year. Season 2023/2024: 4.67 million tons processed (38% more than the previous one). For the season 2022/2023, 6.46 million tons were processed, almost reaching the record of 6.49 million tons in the 2020/2021 year. JSC is located near the Black Sea, with a grain capacity of 250 thousand tons.
Export duties
Export duties
The export duty on barley in Russia will increase soon, while it will decrease on other grains. Fishermen will have a simplified tax deduction for several years. British sheep farmers are concerned about the spread of bluetongue. Ukraine is experiencing a shortage of high-quality soybean seeds.
The Oryol region exported to China nearly 2 thousand tons of sugar beet pulp, which passed the inspection of the Rosselkhoznadzor.
The Oryol region exported to China nearly 2 thousand tons of sugar beet pulp, which passed the inspection of the Rosselkhoznadzor.
The Oryol region exported to China nearly 2 thousand tons of sugar beet pulp in the beginning of 2024 through 70 shipments, each with a phytosanitary certificate from the Russian Federal Service for Veterinary and Phytosanitary Surveillance.
The sale of 14040 tons of grain at the National Commodity Exchange increased the revenues of the state fund.
The sale of 14040 tons of grain at the National Commodity Exchange increased the revenues of the state fund.
On February 20, 2024, 14040 tons of grain were sold for an amount of 190.7 million rubles at the NTB. The intervention fund purchased 726.4 thousand tons of grain for 10312 million rubles during the period from December 11, 2023.
"Buckwheat from the Altai region: the king of large grains on the Russian market"
"Buckwheat from the Altai region: the king of large grains on the Russian market"
Buckwheat is the main product of the Altai region, accounting for 56% of the total grain volume. The production here is fertile: lentils, wheat, flax, sunflower, and beets are grown, but buckwheat takes the lead. Last year, 480 thousand tons of grains were produced here, including buckwheat, occupying a significant segment of the Russian market. Conveniently, it is sown in June.
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