THE MAIN THINGS IN THE Agroindustrial Complex FOR MARCH 29

Russia

Market & Price Trends

Innovation & Technology

Published Mar 30, 2024

Tridge summary

In January, Russia's main agro-industrial sectors experienced a slight decline in profitability by 1.8 percent, despite an overall increase in profits. The Ministry of Agriculture aims to boost agricultural exports significantly by 2030. The country has also secured a complete stock of vaccines for critical animal diseases, ensuring livestock health. Additionally, poultry farming might adopt zoosanitary statuses, akin to those in pig farming, with legislation underway. Moreover, the Russian intervention fund has strengthened its grain reserves, adding over 16 thousand tons through two recent acquisitions for storage.

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 January, the share of profitable farms and enterprises in Russia in the main sectors of the agro-industrial complex decreased by 1.8 percent. However, the total profit of organizations has increased significantly. The Ministry of Agriculture plans to raise the level for the monetary volume of agricultural exports by 2030. Russia is fully provided with vaccines against particularly dangerous animal diseases. Other important tasks for the development of livestock farming in the coming years have also become known. For Russian poultry farming, zoosanitary statuses may be ...

Source: Rosng