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All news - Incubator

Current information on the topic All news - Incubator

Russia has increased its share in the global exports of vegetable oils to 8.5%, remaining a leader in sunflower, rapeseed, and soybean oils.
  • 21 January 2025

Russia has increased its share in the global exports of vegetable oils to 8.5%, remaining a leader in sunflower, rapeseed, and soybean oils.

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

By 2024, Russia has strengthened its position in the global export of vegetable oils, increasing its share to 8.5%. The export of oils has grown by 8%, leading to an 89% increase in capacity utilization within the country.

The volume of exports of oilseeds has decreased by 37% due to the introduction of export duties.

The grain storage capacity at the company's grain bases has increased to 288.6 thousand tons due to increased intake in 2024.
  • 21 January 2025

The grain storage capacity at the company's grain bases has increased to 288.6 thousand tons due to increased intake in 2024.

#Cereals
#Groats
#Stern
#Wheat

As of January 20, 2025, 288.6 thousand tons of grain are stored at 4 grain bases of the company TOO "Astyk koymalary". In 2024, the volume of grain acceptance increased to 411.7 thousand tons. Soft wheat of the 3rd grade formed the basis of the crop. A total of 346.4 thousand tons of grain and oilseeds were sent.

Researchers suggest using biostimulants to increase the yield and quality of colored varieties of rice.
  • 21 January 2025

Researchers suggest using biostimulants to increase the yield and quality of colored varieties of rice.

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

A new solution has been proposed to increase the yield and quality of rice - using biostimulants based on fermented chitin and rice bran. The experiment showed an increase in the yield of RD69 rice varieties by 73% and HGD by 30%, a decrease in the level of fast-absorbing glucose, and an increase in the content of antioxidants.

It is recommended to use the product for biological rice cultivation.

The average consumer price of sugar increased by 3.14% in December in Russia, falling behind the inflation level.
  • 21 January 2025

The average consumer price of sugar increased by 3.14% in December in Russia, falling behind the inflation level.

#agricultural products
#Sugar

The price of sugar in December increased by 3.14% and reached 73.17 rubles per kg for the end consumer.

The annual inflation rate is 9.51%. You can find more information on the website sugar.ru.

Grain prices update: corn on CBOT declined, wheat on CBOT and KCBT also decreased, remained steady on MGE, oats rose, rice increased.
  • 21 January 2025

Grain prices update: corn on CBOT declined, wheat on CBOT and KCBT also decreased, remained steady on MGE, oats rose, rice increased.

#Cereals
#Stern
#Winter crops
#Wheat

Grain quotes on exchanges on 24.11.23: corn on CBOT decreased by 5.50 ¢ to 463.25 ¢/bsh, SRW wheat on CBOT dropped by 7.00 ¢ to 548.75 ¢/bsh, HRW wheat on KCBT decreased by 12.50 ¢ to 602.00 ¢/bsh, HRS wheat on MGE decreased by 14.00 ¢ to 696.75 ¢/bsh, oats on CBOT increased by 3.50 ¢ to 373.00 ¢/bsh, rough rice on CBOT increased by 0.27 usd/cwt to 17.57 usd/cwt.

The Grain Growers Association of Canada has expressed dissatisfaction with the decision of Bunge Global SA to acquire Viterra company.
  • 21 January 2025

The Grain Growers Association of Canada has expressed dissatisfaction with the decision of Bunge Global SA to acquire Viterra company.

#Cereals
#Groats
#Stern
#Wheat
#agricultural products

The opinion of the Grain Producers Association of Canada on the deal of Bunge's acquisition of Viterra: the Minister of Transport's decision does not ensure competition protection, selling part of the shares will not solve the problem, potential losses for farmers up to $770 million per year, the deal will cause issues in the market and will require review. Bunge will buy Viterra for $6.2 billion in stocks and $2 billion in cash.

India has allowed the export of 1 million tons of sugar to stabilize the market until the end of September 2025.
  • 21 January 2025

India has allowed the export of 1 million tons of sugar to stabilize the market until the end of September 2025.

#Export
#agricultural products
#Sugar

India has allowed the export of 1 million tonnes of sugar by September 2025 to regulate the domestic market. This decision will help factories get rid of stocks and support stable prices.

Россия и Украина удваивают производство сои, прогнозируется повышение объемов экспорта и снижение импорта.
  • 21 January 2025

Россия и Украина удваивают производство сои, прогнозируется повышение объемов экспорта и снижение импорта.

#Cereals
#Oilseeds
#Wheat
#Sunflower

Russia and Ukraine are increasing soybean production due to growing demand and high profitability of the crop. It is projected that the total production by 2024-25 will reach 13.1 million tons. Ukraine will lead in exports, reaching 3.7 million tons, while Russia will export 7 million tons.

Экспорт семян подсолнечника из России в Казахстан снизился на 69,1% в 2023 году и вновь растет в 2024 году.
  • 21 January 2025

Экспорт семян подсолнечника из России в Казахстан снизился на 69,1% в 2023 году и вновь растет в 2024 году.

#Cereals
#Oilseeds
#Wheat
#Sunflower

In 2023, the export of sunflower seeds from Russia to Kazakhstan decreased by 69.1% compared to 2022. The average price in 2023 was 122.9 USD/ton, which is 3.4% higher than the previous year.

During January-October 2024, the import volume increased by 18.0 thousand tons compared to the same period in 2023, while prices rose 2.1 times.

Stability in the sunflower oil market in Ukraine: companies show interest in oil reserves, purchase prices fluctuate.
  • 21 January 2025

Stability in the sunflower oil market in Ukraine: companies show interest in oil reserves, purchase prices fluctuate.

#Cereals
#Groats
#Stern
#Wheat

The sunflower oil market in Ukraine is stable.

Exporting companies were interested in the oil stocks, which could affect purchasing prices. Consumers continue to show moderate interest, with prices ranging from 21000 to 23500 UAH per tonne including delivery.

"EPK" company plans to supply 26 million tons of grain to Iran by 2035 to increase trade turnover and food security.
  • 21 January 2025

"EPK" company plans to supply 26 million tons of grain to Iran by 2035 to increase trade turnover and food security.

#Cereals
#Oilseeds
#Groats
#Stern
#Winter crops
#Wheat
#Export

Company "EPT" plans to supply 26 million tons of grain to Iran from 2024 to 2035, with the possibility of increasing the volume to 55 million tons. The agreement is signed with the Iranian company IranianEurasia.

The project aims to increase trade turnover and develop the "North-South" transportation corridor.

Sales of white sugar in Russia: volumes and prices on commodity exchanges on November 22, 2024.
  • 21 January 2025

Sales of white sugar in Russia: volumes and prices on commodity exchanges on November 22, 2024.

#agricultural products
#Sugar

On the National Commodity Exchange on November 22, 2024, 5 contracts of white sugar were sold, with a total volume of 640 tons. The average price was 55503 rubles per ton. Trading also took place on other exchanges. Here are the highest prices: On the National Commodity Exchange - 56500 rubles (spot trading), 54500 rubles (commodity auctions). On the Saint Petersburg Exchange - 56000 rubles.

A total of 6 sugar contracts were sold, with a total volume of 2280 tons.

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