THE MAIN THINGS IN THE Agroindustrial Complex FOR MARCH 28

Durum Wheat

Market & Price Trends

Published Mar 29, 2024

Tridge summary

In Russia, there has been a notable decrease in the exchange prices for main fuel types, coupled with optimistic forecasts from the head of the St. Petersburg Commodity Exchange. The Russian intervention fund is actively purchasing grain, having acquired over 7 thousand tons for storage, and there are ambitious plans to expand durum wheat cultivation areas, with the Ministry of Agriculture projecting a positive outlook for the next year's harvest. Additionally, the country has experienced an increase in ice cream production, identifying the top 20 manufacturers, and is on the verge of setting a new record in meat consumption, driven by specific types of meat.

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 Russia, exchange prices for main types of fuel have decreased. The head of the St. Petersburg Commodity Exchange gave positive forecasts on the price situation with fuel. After a short break, the Russian intervention fund purchased more than 7 thousand tons of grain. Two batches have been sent for storage. This year, Russian farmers can double the area under durum wheat. The Ministry of Agriculture also spoke about the planned crop harvest next year. Last year, the production of ice cream in our country increased significantly. The top 20 ...

Source: Rosng