Russia: Stavropol farmers lost profits due to duties on grain
Russia
Published Dec 8, 2021
Tridge summary
The Stavropol region is exporting more and more agricultural products to the countries of the Middle East and Africa. Demand on the domestic market is not growing, and on the world market the cost of grain is much higher than the Russian one. But along with the prices of wheat, duties are also growing, which eat up about a quarter of the profits of Stavropol farmers. In recent years, entrepreneurs of the region have established export to the countries of Africa and the Middle East. Meat products are sent to Iran and Qatar.
Original content
The Stavropol region is exporting more and more agricultural products to the countries of the Middle East and Africa. Demand on the domestic market is not growing, and on the world market the cost of grain is much higher than the Russian one. But along with the prices of wheat, duties are also growing, which eat up about a quarter of the profits of Stavropol farmers. In recent years, entrepreneurs of the region have established export to the countries of Africa and the Middle East. Meat products are sent to Iran and Qatar. With the advent of greenhouses in the region, in which strawberries are grown, the berries began to be supplied to the United Arab Emirates. In 2021, Stavropol flour first appeared on store shelves in the Republic of Djibouti, and also returned to Somalia after a three-year hiatus. Saudi Arabia is among the five foreign economic partners of the Stavropol Territory. Since the beginning of the year, 24.2 thousand tons of agricultural products worth 53 million ...
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