International trade - Fork Cast

The group AGROTRADE has launched a program to purchase grains from local producers to increase exports. The initiative includes six elevators where wheat, corn, and soybeans are purchased. The company plans to shift to using large ships and improving logistics.

In 2025, experts warned about the slowdown in agricultural growth due to systemic issues. The government provides preferential financing and reforms education to support the industry. Agribusiness faces high financing costs but sees potential in production development and digital technologies.

In Kazakhstan, the prices for sunflower increased by 2,000 tenge and reached 240,000 tenge per ton. Prices for flax remained unchanged.

The weather is favorable for the harvest, but measures to combat diseases and pests are needed.

Harvest time is approaching in the fields. Manual processing of grain on 400 hectares without specialized machinery is the key to productivity, weather permitting.

In the village of Kolos, they grow wheat of the "Extra" variety and barley "Pamyat Chepeleva," recognized as a star of the fields. Peas of the "Meteor" variety will be harvested in 5-6 weeks.

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In the USA, the harvesting of winter wheat has accelerated due to dry weather. 37% of the fields have been threshed, which is 18% more than a week ago.

Spring wheat crops are developing faster but are in worse condition than last year. Corn crops are in good condition: 73%, which is 1% higher than a week ago.

Export companies have set new prices for Russian wheat, which now amount to 14500 rubles per ton ($184).

Analysts note price fluctuations for the new crop from July to October 2024, with a minimum of 14750 rubles per ton ($167) and a maximum of 17900 rubles per ton ($186). The unstable financial situation could affect prices.

The U.S. Department of Agriculture has released initial estimates of the soybean crop: only 5 states have not reached 60% in the "good" to "excellent" category. Iowa and Wisconsin are at 18% and 16% respectively. In Illinois, 48% of soybeans are in excellent condition, while in Iowa it's 63%. Iowa's weather conditions are favorable for soybean growth following May precipitation. Cold and dry weather in May slowed down crop development. An increase in temperature is expected in early June, which could improve crop prospects.

Since the beginning of the year, the export of agricultural products from Russia to China has increased by 8%, reaching $3.1 billion. It is expected that by 2030, the volume will exceed $11 billion. Russia is an important supplier of fish, oils, grains, and buckwheat to China. The export of pasta and alcohol is also increasing.

Service MARS has increased the forecast for grain yields in the EU, highlighting favorable conditions in the south, but expressing concern over dryness in the north.

The forecast for wheat is 6.05 t/ha, which is 9% higher than last year. Barley is projected at 5.23 t/ha, while maize is expected to reach 7.46 t/ha. The yield of rapeseed in 2025 is estimated at 3.17 t/ha.

The Russian government has extended the temporary ban on the export of live rice until the end of 2025 due to production problems following the accident at the hydropower plant. Exceptions to the ban include supplies to the Eurasian Economic Union and humanitarian aid.

A tariff quota has been introduced for the export of processed rice and cereals.