MAIN HIGHLIGHTS IN THE AIC FOR NOVEMBER 26

Published Nov 26, 2024

Tridge summary

Russia ranks third in food exports, according to Oksana Lut, the country's Ministry of Agriculture. Russian farmers have purchased over 5 million tons of fertilizers, nearly covering their needs. The Ministry is contemplating the cultivation of bananas, inspired by a neighboring republic's example. Despite stable wheat prices domestically, export prices are lower than competitors'. Russian exports to Saudi Arabia have surpassed $1 billion, with noticeable increases in exports of three specific goods.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russia took third place in the list of the largest food exporters, said the head of the Ministry of Agriculture Oksana Lut. The minister also recalled Russia's other successes both in the foreign and domestic markets. Russian farmers purchased over 5 million tons of fertilizers, the Russian Agricultural University reported. Today, agricultural producers are almost completely provided with the necessary volumes. The Russian Ministry of Agriculture is considering the possibility of starting to grow bananas in the country. This idea was inspired by the experience in one of the neighboring republics. Wheat prices in Russia in most districts turned out to be stable. At the ...
Source: Rosng

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.