Grain Market Overview in Russia

Published Dec 29, 2020

Tridge summary

The Stavropol Territory in Russia experienced a 17.1% decrease in agricultural production from January-November 2020, totaling 177.4 billion rubles, due to significant drops in grain, leguminous crops, oilseeds, sugar beet harvests. On the other hand, Bashkiria saw a 18.4% increase in grain and leguminous crop production. Tatarstan has enough buckwheat stocks until the new harvest, and the Irkutsk region achieved a record harvest of over 65,000 tons of rapeseed. The Saratov region is planning to expand areas for export-oriented crops and increase the sown area for 2021. Russia is also planning to impose a 30% duty on soybean exports, concerns for Amur region farmers, and the volume of grain exports from Russia increased by 20% in 2020, reaching 57.5 million tons.

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

Original content

In the Stavropol Territory, the volume of agricultural production in January-November 2020 amounted to 177.4 billion rubles. This is 17.1% less than in the same period last year, according to Severo-Kavkazstat. As of December 1, 2020, in farms of all categories, the gross harvest of grain and leguminous crops (including corn) in weight after processing amounted to 5.8 million tons, which is 31.1% less than on the corresponding date last year. Oilseeds in weight after processing were harvested 503.5 thousand tons, which is 23.6% less than on December 1, 2019, sugar beet - 878.9 thousand tons (2.1 times less), RBC reports. * * * Enterprises of the agro-industrial complex of Bashkiria produced grain and leguminous crops by 18.4% more than in 2019. Bashstat has calculated the results of harvesting in farms of different categories. The main share of grain (65.5%), sugar beet (81%) and sunflower (67.7%) is grown by large enterprises, Bashinform reports. Farms harvested 34.5% of the ...

Source: Agroru