In Russia, the Irkutsk region quadrupled the export of oilseeds

Published 2024년 1월 16일

Tridge summary

The Irkutsk region reported a fourfold increase in oilseed exports in 2023 compared to 2022, with rapeseeds making up the largest share and China being the main shipping destination. This increase was 187.9% of the planned value, with the area under oilseeds expected to increase by 8% compared to 2023. The region is receiving support from the government to develop agricultural exports, with 22 producers awarded a total of 76.8 million rubles in subsidies for increasing oilseed production.

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Original content

The volume of exports of oilseeds from the Irkutsk region in 2023 increased four times compared to 2022. The largest share of exports in the structure of oilseeds is occupied by rapeseeds. The main shipping destination is China. The regional government reported this on January 16, 2024. According to the regional project “Export of Agricultural Products,” the increase in oilseeds in 2023 amounted to 29.2 thousand tons, which is 187.9% of the planned value. At the same time, the gross volume of production of oilseeds of oilseeds amounted to 113.3 thousand tons, including 110.8 thousand tons of rapeseed oil. Last year, farmers in the region relied on expanding the area of oilseeds, which are the most in demand on the market. Thus, the area under soybeans increased by 2.1 times compared to the level of 2022, and the volume of its production increased by 2.6 times. Already in the coming season, the sown area of oilseeds will increase by 5.8 thousand hectares or 8% compared to the ...

Source: Ogirk