News

Russia's own seed production is growing

Russia
Regulation & Compliances
Market & Price Trends
Published Mar 28, 2024

Tridge summary

Russia has experienced a notable increase in domestic seed production for key crops such as corn, sunflower, and sugar beet, significantly enhancing its food security and addressing previous concerns over shortages. The National Seed Alliance reports a surplus of sugar beet seeds, and companies like Progress Agro Group are well-stocked for the season. Retailers also confirm a wide variety of seeds available, indicating no shortage. Government initiatives, including financial support, regulatory measures, and the Federal Scientific and Technical Program for Agriculture, have played a crucial role in this achievement. Additionally, Igor Lobach proposes a mechanism for stable, non-state financing of domestic selection through royalties and a system to protect breeders' copyrights, aiming to safeguard the sector from budgetary, exchange rate, or political instabilities.
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

In recent years, domestic seed growers have been actively increasing the production of corn, sunflower and sugar beet seeds. Regarding the latter, some farmers expressed concern, but the alliance considers it unfounded. “On the eve of spring, farms in the Krasnodar region engaged in the cultivation of sugar beets had 156 thousand seed units of seeds, and in addition, domestic companies offered another 130 thousand seed units for sale. In total, at the time of purchasing seeds for the sowing season, the market was provided with sugar beet seeds with a surplus of 27 thousand seed units relative to the need for 260 thousand units,” Chairman of the Council of the National Seed Alliance Igor Lobach told RG. General Director of Progress Agro Group of Companies Leonid Ragozin told RG that the company does not experience a shortage of seeds for its main crops. “The purchase and preparation of seed material is in full swing, so we can say that we are 100 percent provided. If we talk about ...
Source: RG
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