Soyuzmoloko considers alfalfa promising for fattening livestock

Published 2024년 6월 25일

Tridge summary

Experts at the All-Russian Field Day discussed the potential of alfalfa as a crop for animal feed, with Artyom Belov predicting growth in the global feed market due to limited resources and increased milk production. Belov sees opportunities for Russia in this trend, which could lead to new business models in the feed industry. The development of the feed market, including alfalfa, could help mitigate risks associated with climate change and emergencies. However, the success of this business depends on the region's climatic conditions. To start an alfalfa production business, an area of 3.5 thousand hectares and an investment of 1.5-2 billion rubles (or 2.3-3 billion with irrigation systems) are required, with a payback period of 5-7 years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Alfalfa can become a promising crop for use in the diet of farm animals. This issue was discussed by experts at one of the events as part of the All-Russian Field Day. General Director of Soyuzmoloko and member of the ROSNG Expert Council Artyom Belov predicted that the global feed market will grow at a double-digit rate, taking into account limited resources in many countries that are now increasing their own milk production. He saw prospects for Russia in this as well. In his opinion, in our country this will create the preconditions for the formation of new business models in the feed industry. Belov believes that the driver for the development of crop production in Russia and in the world in the near future will be the development of the feed market, including alfalfa itself. In particular, by creating a market for pressed and granulated feed, it is possible to reduce the risks for the agricultural industry associated with climate change and various emergency situations. ...
Source: Rosng

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