Russia: Soybean and rapeseed crops will grow in the Altai Territory this year

Published 2024년 2월 29일

Tridge summary

The new season will see a 25 thousand hectare increase in crop area, primarily due to an increase in oilseeds, as reported by the regional Minister of Agriculture, Sergei Mezhin. While soybean and rapeseed crops will see an increase, sunflower and winter crops will decrease due to price fluctuations and poor overwintering. State support will continue to exceed 3.1 billion rubles, with preferential lending focusing on priority areas such as small farming, dairy farming, poultry farming, egg production, flour-grinding and baking production, vegetable growing in protected soil, breeding, genetics, digitalization, and drone usage.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The area under crops in the new season will increase by 25 thousand hectares, mainly due to the increase in oilseeds. This was stated by the regional Minister of Agriculture Sergei Mezhin on February 29, speaking at the Winter Grain Conference in Belokurikha. According to the Ministry of Agriculture, farmers will increase soybean crops from 155.5 thousand hectares to 180 thousand hectares, rapeseed from 163 thousand hectares to 181 thousand hectares, while at the same time they will reduce sunflower crops from 784.5 thousand hectares to 770 , 0 thousand hectares. Such decisions are related to the price situation of the current season, when the cost of the first two oilseeds has increased, and seeds have fallen sharply. Winter crops will also be reduced by 40 thousand hectares, as they did not overwinter well this season. State support this year will remain at the previous level and exceed 3.1 billion rubles, including 1.8 billion rubles from the regional budget. The preferential ...

Source: Zol