On the situation on the food market in Russia, update for October 2021

Published 2021년 10월 29일

Tridge summary

The Russian agricultural market has seen mixed changes in 2021, with the total area for crops remaining stable but there being significant shifts within specific crops. There has been a decrease in grain and leguminous crops, an increase in oilseeds, and a partial recovery of sugar beet harvest volumes. The meat production sector experienced a slight decrease, while dairy product production showed diversified trends. Vegetable oil production has declined, but an expansion is expected by the end of 2021 due to a high oilseed yield. Importes of agricultural raw materials and foodstuffs to Russia have also grown in the first half of 2021.

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

Original content

The Russian market of agricultural raw materials and foodstuffs is characterized by: - Relatively stable total area sizes in 2021 and their multidirectional change depending on the specific crop The area under all crops, according to preliminary data from Rosstat, in 2021 amounted to 79,935.9 thousand hectares, which is practically at the level of values for 2020. At the same time, the areas under grain and leguminous crops decreased by 1.8%, under oilseeds - increased by 14.4%, sugar beets - increased by 8.5%. The total area under other crops (including potatoes, vegetables, melons and fodder crops) decreased by 7.8%. If we consider the dynamics not by groups of crops, but by specific crops, then the greatest increase in areas in percentage terms is noted for curly flax (oil flax), triticale, rapeseed, sunflower, buckwheat, sorghum, peas, and sugar beets. The areas under camelina, mustard, rye, soybeans, corn, and melons have also expanded. The size of the areas under millet, ...

Source: Food Retail Russia