Tridge summary
The article highlights the reduction in funding for several areas of Russia's agro-industrial complex, with a significant cut in funding from crab quotas sales revenues. Despite this, Russia is expected to remain the world's largest wheat exporter, with an increase in feed grain supplies, including corn. The Ministry of Agriculture is working on improving weather forecasts, and the FAS has not found any increase in the maximum prices for mineral fertilizers set in 2022. The article also mentions a decrease in Russia's agricultural exports and an increase in imports in the first quarter of the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The new version of the federal budget for the current year reduces funding for several areas of the agro-industrial complex. The allocations from revenues from the sale of "crab quotas" have been particularly sharply reduced. In the first quarter of this year, Russia reduced exports by 14% and increased imports of agricultural products by almost 13%. The drop in supplies and the increase in purchases in March were sharper than in January-February. The USDA expects Russia to remain the world's largest wheat exporter. An increase in feed grain supplies, including corn, is also predicted. The Ministry of Agriculture has begun work on improving the quality of weather forecasts. The ministry spoke about ...
Source: Rosng
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