Ruseed noted a decrease in imports of sunflower and soybean seeds to the Russian Federation

Published 2024년 1월 9일

Tridge summary

Ruseed had a productive year in 2023, joining a program for agricultural development and planning to introduce 15 new sunflower hybrids to the market by 2027. The company's plans will be facilitated by the launch of a complex in Adygea, and they are confident in their ability to outperform foreign analogues in the market. In addition, the import of sunflower, corn, and soybean seeds decreased in 2023, while the gross harvest of oilseeds increased, with record years for soybean harvest in 25 regions and a new record value for sunflower harvest in 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For Ruseed, 2023 was a productive year: as part of the National Selection and Seed Consortium, it joined the Federal Scientific and Technical Program for Agricultural Development and by 2027 plans to introduce 15 new domestic sunflower hybrids to the market, the company’s press service told Agroinvestor. “For the first time, within the framework of the project, all participants in the process came together to develop a product: geneticists, breeders, seed producers, processors and commodity producers. Such interaction will make it possible to create hybrids that will outperform foreign analogues and will be in demand by the market,” the company is confident. The implementation of plans will be facilitated by the launch in 2024 of a breeding, seed-growing and phytotronic complex in Adygea, the construction of which is now being completed. For the industry, the last year was marked by the tightening of legislative regulation in seed production - localization rules for foreign ...
Source: Oilworld

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