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Russia: Farmers sow more peas and coriander amid grain duties

Published Oct 13, 2021

Tridge summary

Russian farmers are responding to export duties on grain by increasing the cultivation of niche crops such as coriander, peas, soybeans, and mustard. This trend, driven by profitability and diversification needs, is evident with coriander's growth by over 30% in 2020 and soybean's 17% increase in 2021. Despite occupying a small fraction of the total crop area, these niche crops are gaining favor for their profitability and resilience. Large agricultural enterprises like Agroholding "Econiva" are also increasing their niche crop acreage, with a planned expansion of lentil cultivation. The shift towards niche crops reflects farmers' strategies to adapt to changing market conditions and maximize profits.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The export duty on grain can push Russian farmers to increase the acreage of niche crops - coriander, peas, soybeans or mustard. Often, such crops turn out to be more profitable.Russian farmers will continue to gradually increase the sowing area for niche crops; they may be prompted to diversify crop rotation, in particular, the export duty on wheat and other grains, Andrey Dalnov told RBC to head the Center for Industry Expertise of Rosselkhozbank. Back in 2020, coriander crops grew by more than 30%, to 68 thousand hectares, the center said. And in 2021, there was a good environment for the export of coriander: in January-July, its supplies abroad increased by more than 50%, exceeding 5 thousand tons. In general, the share of coriander in all crops is very small - less than 0.1%, notes Dalnov. In his opinion, small agricultural enterprises and farms are more likely to increase the sowing of this crop to diversify crop rotation. Coriander is unpretentious, the costs of its ...
Source: Kvedomosti
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