The Russian Ministry of Agriculture is maintaining its earlier forecast for this year’s grain harvest at 132 million tons, 86 million tons of which will be wheat. However, the ministry points out that the forecast may be adjusted as the harvest progresses. Grain exports could reach 60 million tons in the current marketing year. In its July report, the International…
Learn moreThe Rusagrotrans analysis center has lowered its forecast for the grain harvest from 140.1 million tons to 130.9 million tons in the optimistic scenario. The wheat harvest potential was lowered from 89.9 million tons to 84.2 million tons, compared to 92.8 million tons last year. At the same time, the lower limit of the wheat forecast takes into account the…
Learn moreThe European Commission had already considered raising import duties on deliveries of grains, oilseeds and their processing from Russia. The main goal of Western officials is to protect farmers in the EU and prevent them from receiving income for special promotions. However, the EU market itself has not asked to protect it from Russian agro-industrial products. And for some segments of…
Learn moreCustoms duties on grain, oilseeds and their processed products will be increased to such an extent that their import will become unprofitable. The measures will also affect imports of peas and beet pulp pellets. According to grain market experts, however, the increase in tariffs will not have a significant impact on Russian grain exports. The EU Council has decided on…
Learn moreThis spring brought an unexpected and very unpleasant surprise for farmers. After a warm, summery April, winter has essentially returned in a number of regions. According to experts, the May frosts will seriously affect the future harvest, and analysts are actively reducing their forecasts. A state of emergency was declared in ten regions due to the frost. The full extent…
Learn moreLast Thursday, the General Administration of Customs of China (GACC) released import statistics for December, completing data collection for 2023. The total imports of grains for the year rose to 162 million tons, a 12% increase over 2022 and the second after the record 164,5 million tons in 2021. The value of grain imports for 2023 was $82,3 billion, down slightly below…
Learn moreLocal olive oil stocks in Europe are almost depleted and further shortages are expected after extreme weather damaged the second year’s crop. Heat waves around the Mediterranean have damaged crops and forced growers to import from South America. The world’s largest producer said it had to import supplies from South America to meet demand. “It is almost impossible to buy…
Learn moreFor more than 50 years, US farmers have dominated the international corn market, exporting more corn than any other country, reports UkrAgroConsult, citing Bloomberg. In the 2022/23 agricultural year, which ended on August 31, the US ceded the lead in corn exports to Brazil and will probably never regain it. According to the USDA, the USA will account for around…
Learn moreThe world is facing a new temperature record on July 3, 2023, the hottest day in history, indicating that the consequence of climate change is a rise in global temperatures, reports UkrAgroConsult, citing Bloomberg. Heatwaves are also becoming more frequent and more severe. The key factor is humidity. In 2022, when India, Pakistan, Bangladesh, Nepal and Sri Lanka were hit…
Learn moreOn the flour market, everyone is in the red this season, both Kazakh grain processors and their main buyers in Central Asia. The reason is the falling wheat prices. That is, the mukomolys have in the fall grains bought at 120 thousand tenge/ton and now have to flour sell at 115-110 thousand tenge/ton. This is a disadvantage for them. The same goes for the…
Learn moreSugar prices in Europe have risen by 61% compared to last year. The reason for this was the suspension of exemptions for neonicotinoid-treated seeds by the EU Court of Justice. Beet farmers could be driven out of business if the EU goes ahead with its plans to reduce pesticide use, as yield losses could wipe out farmers’ profit margins, reports…
Learn moreUkraine is the main supplier of sunflower seeds, sunflower oil for the European market, writes Lanțul Alimentar. Between July 1, 2022 and May 28, 2023, the European Union imported 1,808,056 tons of sunflower seeds from Ukraine, compared to 198,071 tons in the same period last year. Moldova has lost first place In percentage terms, imports from Ukraine account for 84.4%…
Learn moreGiven the drought that has affected the industry the most in recent years, the production of olive oil in the EU is expecting a significant decline. At the same time, other market players – Turkey, Tunisia, Morocco and Syria – are aiming to replace the European product, but the quality of the oil from these regions still raises some doubts…
Learn moreAlthough global food prices have fallen for the last nine months in a row, they have remained record-breaking for several decades. And the light at the end of the tunnel is not visible – on the contrary, production is falling and the number of hungry people is rising. Against this backdrop, Russia’s role in ensuring global food security is strengthened.…
Learn moreThe global wheat harvest is falling. Currently, the total stands at 780.59 million tons, which is 2 million tons lower than forecast in November. The leading countries (Argentina, Australia, Canada, the EU, Russia and Ukraine) will collect a total of only 328.72 million tons of wheat against the planned 330.8 million tons. Will the current situation affect the agricultural market…
Learn moreThe later threshing of soybean and sunflowers has reduced the sowing of winter crops, which means that the area under spring crops is increased. The cost of transporting corn do not make it economically interesting, so a reduction in their areas is predicted. The western regions are counting on an increase of soybean who are southern sunflowers, the central raise both cultures. Ukraine is the number one seller…
Learn moreDeveloper of AI systems for robotic agricultural machinery Cognitive Pilot (a subsidiary of Sbera and Cognitive Technologies) has announced a project to develop a complex for agronomic analysis of the composition and condition of soil Cognitive Soil Analyzer and its promotion in domestic and foreign markets. The Cognitive Pilot won the competition of the Russian Ministry of Trade for the…
Learn moreDecember 5 is World Soil Day, and on this day the Food and Agriculture Organization of the United Nations (FAO) has reminded us that 95% of the food we consume comes directly or indirectly from our soils. Even artificial meat grown from pea protein requires no less soil nutrients than wheat or potatoes. However, our food loses these nutrients when…
Learn moreGlobal corn production is expected to fall from 1.217 to 1.168 billion tons in 2022/23 compared to the previous season, but will exceed 1.13 billion tons in the 2020/21 season. However, the delay of the corn harvest in Ukraine and sowing in Argentina due to the drought could soon lead to an adjustment of the forecasts. In the December USDA…
Learn moreIncreasing agricultural productivity helps farmers to meet the food needs of the world’s growing population while using relatively fewer resources. One of the most informative indicators of agricultural productivity is general factor productivity (factor productivity), which shows the efficiency with which agricultural resources are combined to produce products. Unlike single factor performance indicators, such as yield per hectare (yield), total…
Learn moreThe expansion of foreign sales markets for agricultural products in Kazakhstan, from 3.5 billion US dollars in 2021 to 9.9 billion US dollars in 2030, has at least 80% priority, in addition to securing domestic food supplies, tripling productivity, quadrupling investment and reducing the share of the shadow economy in agriculture, forestry and fisheries to 0.5% of GDP, tripling foreign…
Learn moreAccording to the latest estimates by the UN-FAO and national statistics offices, global linseed oil production fell by 3.8% to 792.9 thousand tons in 2021. In previous years, global linseed oil production grew by 2.6% in 2019 and 2.4% in 2020. In 2020, production reached an all-time high of 824.2 thousand tons. The main reason for the growth was the…
Learn moreThe persistent dry conditions in the countries of the northern hemisphere have led the FAO to significantly reduce the forecast grain production for 2022. The estimated global cereal production in 2022 is estimated at 2,774 million tons, down from a forecast of 17.2 million tons previously published in July. A decrease of 1.4% (38.9 million tons) is now expected compared…
Learn moreThe most important achievement of the past year for Russian agriculture is the record amount of added value produced. The Ministry of Agriculture claims that in 2021 it increased by 23% to 4.4 trillion rubles, which is significantly greater than the growth dynamics of 2020 (8.2%). At the same time, according to Rosstat, there was a decline in real production…
Learn moreThe authorities are reporting record grain yields from the current harvest. The Russian statistics office Rosstat reports that more than 140 million tons of grain have been collected against a forecast of 150 million tons by the Ministry of Agriculture. This could be an absolute record. At the same time, progress in the export of processed agricultural raw materials is…
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