Russia: The Ministry of Agriculture is working to increase the supply of affordable round tomatoes to stores

Published Jan 15, 2024

Tridge summary

The Russian Ministry of Agriculture is working to increase the production and supply of round tomatoes to retail chains, including through the establishment of a tariff benefit for imported tomatoes. The current increase in the cost of tomatoes and cucumbers is attributed to the transition to protected soil products and an increase in the supply of imported vegetables. However, it is expected that prices will go down in the spring of 2024 with the arrival of a new crop from greenhouses.

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Original content

The current dynamics of producer prices corresponds to seasonal trends The Russian Ministry of Agriculture is working on the issue of increasing the production and supply of round tomatoes to retail chains, the ministry’s press service reported. “In order to increase the supply of tomatoes, including in the most affordable price segment (round tomatoes), the Ministry of Agriculture, together with business and industry unions, is working on the issue of increasing production and supply of more affordable round tomatoes to retail chains, including by increasing production in spring greenhouses . In order to analyze retail demand for specific types of tomatoes and cucumbers, the Russian Ministry of Agriculture sent a corresponding request to retail chains,” the message says. At the initiative of the Ministry of Agriculture, it is planned to establish for the first half of 2024 a tariff benefit in the form of an exemption from the payment of import customs duties in relation to fresh ...

Source: Specagro