News incubator

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.

Louis Dreyfus Company (LDC) has sold a 45% stake in ADQ. The deal helped to repay a $1.05 billion loan. The partnership opens up new opportunities for LDC and accelerates investments in new and existing areas. -finnews

According to forecasts, the area of agricultural crops will increase by 3.6% to 213.4 thousand hectares. Corn will occupy 131.6 thousand hectares, exceeding last year's level by 2.7%.

In 2024, the yield in Kabardino-Balkaria reached 55 c/ha, with a total harvest volume of over 1.1 million tons.

In the Tambov region, spring field work has begun. According to the "Online Tambov.ru" portal, the Mordovian and Tambov municipal districts were the first to start sowing spring crops: barley, peas, and grass. This year, the sowing started earlier than last year. It is planned to increase the sowing area to 1.9 million hectares by 2025. The quality of seeds is guaranteed to be at a high level.

The company Strategie Grains predicts that the sunflower crop in the EU for the 2025/26 season will reach 10.6 million tons, which is 26% higher than the previous year. The forecast for rapeseed remains stable at 19 million tons, which is 13% higher than a year ago. (source: Grain Online)

Аkmola region of Kazakhstan plans to increase agricultural crops by 753.1 thousand hectares, reducing the area under wheat and expanding the areas under oilseeds and other crops. Producers have already prepared seeds and signed contracts for fertilizers. Local farmers have submitted 157 loan applications totaling 8.1 billion tenge.

In Brazil, the soybean harvest is expected to reach a record level of 169 million tonnes, despite a reduced forecast due to drought in the state of Rio Grande do Sul. Cultivating soybeans on 48.1 million hectares has led to a revival in productivity. The local agency Emater has lowered its soybean production forecast in the drought-affected state to 15.1 million tonnes.

Analysts have raised the forecast for wheat exports in March to 1.85 million tons. Wheat prices fell under pressure from favorable rain forecasts in Russia and the United States. Internal wheat prices remained practically unchanged.

In China, new varieties of agricultural crops have been registered, including varieties of rapeseed. The Ministry of Agriculture has recalled counterfeit seeds, continuing the fight for fair competition and the protection of innovations in agriculture.

President of the Russian Federation has announced the consideration of the Turkish leader's initiative to provide free flour made from Russian grain to countries in need. Putin noted the expansion of cooperation with Turkey in agriculture and the review of this idea.

The Russian authorities are expanding programs for the development of agricultural machinery and veterinary drugs. The state will allocate about 15.8 billion rubles for agricultural machinery and over 4.4 billion for veterinary drugs. The plan includes creating 27 new types of machinery and meeting 70% of the livestock industry's demand with domestic drugs by 2030.

Hurricane Ida damaged 48,000 hectares of sugarcane crops in Louisiana, potentially reducing the harvest by 16-29%. Louisiana is the second largest producer of sugar after Florida. Sugar mills were not affected, and production delays are not expected. The losses in the state's sugar sector amount to $59 million.

Company "Demetra-Holding" plans to complete the "Auto1500" project in 2025, increasing the grain transshipment by 1.5 million tons.

"Novorossiysk Grain Terminal" is going to increase the total volume of transshipment to 11 million tons of cargo in 2026, by building additional berths and capacities.

In 2024, the company transshipped 7.2 million tons of agricultural goods.

The Ministry of Industry and Trade of Jordan has purchased 50,000 tons of flourenten wheat from Buildcom at a price of $265 per ton C&F. Delivery will take place between August 15 and 31, 2025.

The Ministry of Jordan has purchased 60,000 tons of barley at $235.5 per ton. Participants in the tender included Viterra ($237.99), Bunge ($239.50), CHS ($246), Ameropa ($235.95), Olam ($241.68), Al Dahra ($237.00), Agrochirnogi ($240.50), Dreyfus ($237.50). The next tender is scheduled for April 9.

In Southern Kazakhstan, the sowing season has begun. In the Turkestan region, 14 thousand hectares of land out of 896 thousand hectares allocated for crops have been sown. 338 thousand hectares are reserved for cereals and 72.7 thousand hectares for oilseeds. 17.5 thousand units of machinery are involved in the work.