There will be a harvest, but it’s too early to rejoice, Altai farmers in Russia made forecasts at the start of harvesting

Published 2024년 8월 5일

Tridge summary

Altai farmers are experiencing delays in sowing due to rainfall, but expect the gross harvest to remain unchanged. However, an abundant harvest could lead to lower prices and oversupply due to last year's overstocking. The region relies on China as a sales market, following a ban on wheat imports to Kazakhstan. In 2023, the Altai region harvested 4.9 million tons of grain and leguminous crops, with a notable shortage of rapeseed worldwide. The quality of the harvest is crucial for pricing, and the fall in numbers is a key indicator for flour millers and bakers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The delay in sowing should not reduce the gross harvest, Altai farmers believe. But a large harvest and overstocking of warehouses with last year’s grain may negatively affect prices Farms in the region have begun harvesting winter and leguminous crops, the regional Ministry of Agriculture reports. Tolka's interlocutors have positive prospects for the harvest so far, despite the fact that sowing began later this year due to rain. However, experts do not rule out that the market will be overheated, which will lead to lower prices with rising costs. The situation is also complicated by the ban on the import of wheat to our closest neighbor – Kazakhstan. Farmers pin their hopes on China. Precipitation delayed sowing in the Altai Territory for 2-3 weeks, experts say. The soil in some places was oversaturated with moisture, even in the typically arid steppe zone. Humidity led to the growth of not only crops, but also weeds. Tolka's interlocutors believe that this year's harvest may be ...
Source: Zol

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