Russia: Altai agricultural producers talk about an atypical situation in the soybean market

Soybean

Russia

Published Nov 11, 2021

Tridge summary

Altai agricultural producers talk about an atypical situation on the soybean market. The mega-popular export culture, which until recently was shipped once or twice from Altai to China, has become a heavy burden: there are no calls from traders, no interest either. Meanwhile, the internal processing of this crop leaves much to be desired: the agricultural holding, which in the past cultivated soybean production in the region, is mired in bankruptcy. Other enterprises do not aim at serious volumes.

Original content

What to expect in such a situation is not clear. What will happen to the harvest The agricultural enterprise "Kadnikovskoe" from the Mamontovsky district with soybeans, one might say, "you": they have been cultivating it here for many years. In 2016, the director of the farm, Yuri Kalinin, went for an experiment - he sowed some of the fields with imported seeds allocated by the South Siberia agricultural holding. A couple of years later, the holding began to go bankrupt, and the relationship between the partners did not work out. The case went to court, but even this did not discourage Kalinin from doing soy. According to the farmer, the farm does not expand the area under this crop - it is working to increase the yield. This year, 5.5 thousand tons of soybeans were harvested at Kadnikovsky. The problem is that there is no demand for it. Yuri Kalinin claims: if earlier the first calls from buyers began in August, when the soybeans were still in the fields, now, when the harvest ...

Source: Oilworld