No shortage of seeds for sowing is expected in Russia - producers

Sunflower Seed

Nuts & Seeds

Russia

Market & Price Trends

Published Mar 29, 2024

Tridge summary

In Russia, despite the implementation of a quota on seed material imports, there is no anticipated shortage for the upcoming sowing season due to an increase in domestic seed production for key crops such as corn, sunflower, and sugar beets. The National Seed Alliance has reported a surplus of sugar beet seeds, and companies like Progress Agro Group are actively preparing for sowing by developing new hybrids. Retailer Leroy Merlin has also seen a rise in seed procurement, reflecting strong demand. Data indicates a significant share of domestic seeds in major crops, showcasing successful import substitution efforts, particularly for sugar beets, winter wheat, and spring wheat.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Despite the introduction of a quota on the import of seed material in Russia, a shortage of these products for the next sowing work is not expected. Rossiyskaya Gazeta writes about this with reference to statements from specialized unions and companies. According to her data, domestic seed growers have been actively increasing the production of material for corn, sunflower and sugar beets in recent years. The National Seed Alliance (NSA) said that farmers did not rule out a shortage of the latter crop, but these fears turned out to be unfounded. The organization cited the example of the Krasnodar Territory, where, according to its data, before the beginning of spring there were 156 thousand sowing units of this crop available. Also, other domestic companies offered another 130 thousand for sale. At the same time, the total demand of the domestic market is 260 thousand units. Thus, the surplus is 27 thousand. General Director of the Progress Agro Group of Companies (GC) Leonid ...

Source: Rosng