Cultures, profits, and forecasts for Russian agricultural producers

Published 2020년 12월 9일

Tridge summary

Russia's agricultural sector had a record-breaking year in 2020, with grain and leguminous crops harvest reaching over 10 million tons more than the previous year, totaling between 125 to 131 million tons. This success is attributed to high yields and an increase in the area for winter sowing. However, the quality of the grain is a concern, with most being lower quality due to export goals. The price environment is promising for wheat farmers, but rye farmers are facing challenges as Russia has had to import rye and more land is being dedicated to rye cultivation. The average wholesale price for food rye has increased to 10.2 thousand rubles per ton from 8.3 thousand rubles per ton last year, with the potential for exports estimated at around 300-400 thousand tons in 2020.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

2020 again became a record year for Russian agricultural producers. The gross harvest of all grain and leguminous crops, according to preliminary estimates, is about 10 million tons more than last year. Good harvests of wheat, buckwheat, rye and other crops are adorned with the final reports. A more detailed analysis shows that the record threshing of grain crops was obtained not only due to high yields. The latest harvest data for almost 99% of the cultivated area suggests that the harvest for the current agricultural season will again be high. The 2017 record, when more than 135 million tons were harvested, cannot be surpassed, but over the past three years this is the highest harvest. Experts estimate it in the range from 125 to 131 million tons. According to the forecast of the Ministry of Agriculture of the Russian Federation, the final grain harvest will exceed 125 million tons, including 82 million tons of wheat Source: Rosstat, Ministry of Agriculture of the Russian ...
Source: Agroxxi

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