Grain and Winter Crops Market: Overview and Trends - Fork Cast

Harvesting has started in the Kuban region. Farmers have already harvested more than 35,000 hectares of grain, with plans to harvest 1.7 million hectares of winter crops. 40,000 machines, including 8,000 combines, are involved in the work.

The region annually produces more than 10% of the grain crop in Russia. In 2024, 13.8 million tons were harvested.

Putin has offered Turkey 1 million tons of grain for processing and shipment to countries in need. The deal could be financed by Qatar. Russia sees this as an alternative to the Black Sea deal, as its activity has been suspended. Discussions are also underway regarding the transportation of military cargo to Ukraine.

Rosselkhozbank plans to use cryptocurrencies for trading grain. The bank is exploring the possibility of using digital assets in collaboration with the Central Bank. Futures trading for cryptocurrency has been launched, structured bonds have been developed, and digital assets have been issued by other banks.

Early spring crops, sugar beets, rapeseed, and sunflowers have been successfully sown. The completion of sowing late plants is near. Losses from spring frosts in the Kursk region amounted to 250 million rubles - Gennady Babaskin.

Almost half of the sowing campaign has been completed in the Zabaykalsky Krai. Farmers have worked on 64 thousand hectares, which is 45% of the planned volume. The most active farmers are from the Chernyshevsky district. Grain crops have been sown on 28.1 thousand hectares.

The Minister of Agriculture claims that the price of summer diesel fuel for farmers remains stable, at last year's level. The volumes of supplies are coordinated with the Ministry of Energy. Fuel prices are at a normal level, with an increase of less than 0.5%. The Antimonopoly Service monitors prices to maintain a fair policy.

Ikar postponed increasing the grain harvest forecast due to frosts in Russia affecting crops. The forecast until 2025 is 129.5 million tons of grain, with 125.85 million tons collected in 2024. Frosts have affected several regions, but the weather is set to improve from Tuesday.

The USDA has not changed the forecast for wheat production in Russia - 83 million tons, with an expected export of 48 million tons. The forecast for corn has been reduced to 14.1 million tons, with an export of 4.2 million tons. In the EU, wheat production will be 2 million tons less. Ukraine has increased wheat exports to 14 million tons. Kazakhstan will harvest 16 million tons of wheat. The global forecast for wheat production has been increased to 798.28 million tons.

The president of the Russian Grain Union stated that due to duties and quotas, the number of companies exporting grain from Russia has decreased from 200 to 15. This situation indicates a market conspiracy. The projected grain harvest this year is estimated at 125 million tons.

Duties are being reduced due to the strengthening of the ruble, making exports unprofitable.

In Tatarstan, sowing works have begun. 115 thousand hectares of early spring crops have been sown. The assessment of winter crops is positive. 680 thousand hectares of crops have been fertilized. Soil moisture is sufficient. Harrowing has been carried out on 1 million 470 thousand hectares.

Corn on CBOT went up, SRW wheat decreased, HRS fell on the MGE exchange, and oats on CBOT also decreased. Rice quotes on CBOT remained stable.

World wheat prices have fallen: Soft -5.37%, Hard in Kansas -6.28%, Hard in Minneapolis -3.97%. The corn contract decreased. The price of rice has risen. In Russia, wheat and corn have become cheaper, while rice has increased. The wheat index in Russia has risen. Facts about the grain market in the Russian Federation, grain purchases, and crop planting. Increase in grain export duties in Russia. In Belarus and Kazakhstan, the planting of new crops has begun. In Ukraine, the planting of spring crops has begun.