Russia may introduce capacities for processing oilseeds for 7.5 million tons
Russia
Published Dec 7, 2022
Original content
The total increase in oilseed processing capacity in the Russian Federation over the next five years may reach up to 7.5 million tons and require an increase in sown area up to 1 million hectares, follows from the materials of the Institute for Agricultural Market Studies (IKAR). "The cumulative increase in capacity may be 6-7.5 million tons in the horizon of five years, and loading new capacities will require 0.5-1 million hectares under oilseeds in the Russian Federation by the expected record harvest in 2022 (taking into account the surplus of raw materials of 1.5 million tons in the 21-22 marketing year and maintaining export duties),” the presentation presented during the conference “Pig Breeding 2022. Flexibility to Challenges is the Path to Sustainability and Development” says. IKAR General Director Dmitry Rylko during his speech said that, despite the difficult situation with the harvest of sunflower due to weather conditions, its harvesting is still ongoing in the Black ...
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