Russian companies are looking for new channels for selling meal

Published Aug 26, 2024

Tridge summary

In the 2023/24 season, Russia produced 13.5 million tons of meals and cakes, predominantly sunflower, soybean, and rapeseed. The country exported about 4.4 million tons of these meals over the first 10 months of the season, with Belarus, Turkey, and China being the main buyers. Compared to the previous year, there was a noticeable increase in exports to these countries, particularly to Belarus for sunflower meal and cake, and to Turkey and China for soybean meal and cake.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the National Feed Union, 13.5 million tons of meals and cakes were produced in Russia in the 2023/24 season. Of these, sunflower - 7 million tons, soybean - 4.7 million tons, rapeseed - 1.8 million tons. About 9.2 million tons of meals are consumed domestically annually, writes Agro Portal. Russia's exports for 10 months of the 2023/24 season amounted to about 4.4 million tons of plant meals in all directions, compared to 3.4 million tons for the same period a year earlier. The main buyers of meals from Russia were Belarus, Turkey and China, a total of about 2.7 million. Belarus is the main importer. Over the 10 months of the 23/24 season, the country became a key buyer of sunflower meal and cake, exports amounted to 850 thousand tons, while a year earlier for the same period they were at the level of 498 thousand tons. Next: Turkey - 836 thousand tons of meal against 594 thousand tons for the same period a year earlier. China - 389 thousand tons of products against ...
Source: Oilworld

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