News company - Fork Cast

Cleaning of the soybean fields in Brazil as of February 23 has reached 36.4% of the plan. Abundant rainfall has aided the process, but the southern part of the country is suffering from drought.

In the state of Rio Grande do Sul, a decrease in the productivity of oilseed soybeans by up to 40% is expected.

At the meeting in the Rostov region, plans were discussed to increase the use of domestic corn and sunflower seeds in 2025. The goal is to achieve a share of 68% and 57% respectively. It is also planned to increase the area of seed crops. In 2024, the share of domestic seeds was 62% and 43% respectively.

Rapeseed production in Russia is rapidly growing: the sown area and yield have increased thanks to intensive technologies. This crop has become the main oilseed due to high demand on the world market.

The use of domestic seeds and variety renewal plays an important role. It is expected that rapeseed production will continue to grow.

The increased interest of China, Iran, and Central Asian countries has boosted demand for barley, which has become more expensive compared to wheat. In Kazakhstan, the price of barley reached 77-80 thousand tenge, with exports ranging from $180 to $215 per ton. Wheat was priced at 73-76 thousand tenge in the domestic market and $188-194 for exports. The rise in barley prices is impacting feed wheat. Kazakhstan has started to purchase wheat from Russia. Futures on the American exchange reached $216 per ton.

Introduction of new higher rates in tariffs for transportation of goods through Kazakhstan in the direction of the EEU in 2025 will be effective from 07.03.2025 to 31.12.2025. The previously established higher rates will be canceled. The rate increase is necessary to ensure the railway infrastructure.

Agricultural producers in Rostov region will start spring sowing a week earlier due to the weather. It is planned to sow 1.9 million hectares and increase the area of seed plantings for row crops. 88% of fertilizers and 105 thousand tons of seeds are stockpiled.

Yandex has discontinued support for the "Turbo" technology for fast page loading. This decision is related to the increasing speed of mobile Internet and the popularity of mobile versions of websites. Owners of "Turbo pages" are recommended to adapt their websites. RSS feeds will remain accessible for 1200 users.

In the Voronezh region, a modern dairy complex for 3600 cows is actively being built. Half of the work has been completed, and the launch is planned for December 2025. The project will cost 6 billion rubles and create 130 jobs. Equipped with the latest technologies, it will be able to produce 33.9 thousand tons of milk per year.

The Chairman of the Agricultural Machinery Dealers Association believes that some Western manufacturers may return to the Russian market. John Deere and AGCO have temporarily stopped supplying, but small companies are already active. Trading centers offer local partnerships to re-enter the market.

In 2024, agricultural crops in the Krasnodar region grew worse than in the past 10 years: drought following rains reduced the yields of corn, soybeans, sugar beets, and sunflower. The overall harvest of grains and legumes decreased by 4.5%, but the region remains a leader in Russia in their collection.

Logistics specialist Tiser Alnaser has reported the loading of 10 thousand tons of barley from the Voronezh region at the port of "Kavkaz" for export. The demand for Russian products is increasing due to unfavorable weather conditions in the Middle East. Drought in Latin America is also boosting demand for grain from Russia.

Argentina is facing a decrease in corn and soybean harvests, which is increasing the demand for animal feed.

Strong rains in Argentina last week had a positive impact on agricultural crops, especially soybeans. Precipitation expected next week will be a determining factor in stabilizing the situation. A crop yield increase is expected following the drought.