Russia: Orenburg farmers cannot wait for seeds due to rising prices

Published Mar 16, 2022

Tridge summary

The Orenburg region in Russia is 96% prepared for the 2022 sowing season with grains and leguminous crops, but faces challenges due to rising prices for seeds, fertilizers, and equipment spare parts. Farmers are struggling with decisions on whether to pay increased prices or return money to seed suppliers. The regional government and banks are providing support to agricultural producers. The Ministry of Agriculture and Ministry of Industry and Trade are considering limiting grain exports to protect the domestic market, which could lead to global price increases. Meanwhile, local farmers are exploring alternative crops and are open to working with firms from the Krasnodar Territory.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The regional government reported that the Orenburg region is 96% provided with seeds of spring grain and leguminous crops for sowing in 2022. As for corn, sunflower and sugar beets, they plan to make up for the shortfall by purchasing them. The topic of the forthcoming sowing season was discussed by journalists with the leading agricultural producers of the Orenburg region. It turned out that some farmers in the Orenburg region are waiting: now a lot depends not on them, but on the decisions of seed suppliers. Which, in turn, will not be determined in any way by how many percent to raise the price. But they definitely said that, despite the previously paid invoices under the contracts, they would not bring materials for the sowing campaign at the previous cost. There are two options: either pay extra, or we will return money to you instead of seeds. Whether it is worth it, regional farmers have not yet decided. Our farmers have always had difficulties: the seeds may not sprout, ...

Source: Zol