Grain Market in Russia: Overview and Domestic Product Saturation - Fork Cast

Research in agriculture includes optimizing plant nutrition management using microscopic particles of rocks. This will help improve soil quality, fertilizer efficiency, add micronutrients, and reduce dependency on chemicals.

The study will examine the impact of the powder on crops and soil, as well as the content of micronutrients. This is important due to soil degradation and nutrient deficiencies.

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.

An accredited center has received a sample of wheat for analysis based on various criteria. Laboratory tests are being conducted to determine the grain quality, with established standards and limitations. The assessment of the 2025 harvest is being carried out in the Rostov region and the Republic of Kalmykia. State monitoring will be free of charge until October 10, 2025. The Federal State Budgetary Institution is preparing for the harvest and monitoring activities.

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.

In Kuban, a rich wheat harvest is being gathered. It is planned to start harvesting in early July using 12 combines and 13 trucks. The Gulkevichsky breeding farm is provided with fuel and materials for successful harvesting due to efficient land use.

In Tunisia, the harvest is successfully coming to an end. A total of 134,208 tons of grain have been collected, including 133,735 tons for consumption and 473,600 tons for seeds.

The wheat harvest is planned to be 1,350,000 tons and barley - 550,000 tons. Tunisia remains a major consumer of Russian wheat.

The issues in tomato production are due to vulnerability to diseases, including ToBRFV, which causes brown wrinkled fruit. Vegetables by Bayer company has introduced new tomato hybrids with genetic resistance to ToBRFV, designed to ensure safe and high-quality yields.

The company "Ukrzaliznytsia" has proposed to revise the rate for delivering goods to the port of Izmail. V. Tkachev stated that the decision has not been made by the Ministry of Infrastructure yet.

The discussions also covered stimulating freight transportation to the ports on the Danube and changing tariffs for container transportation across Ukraine.