International trade - Incubator

According to the exchange report, the volume of grain sales from the state reserve fund has decreased to 1350 tons.

The sale of rye from the 2023 harvest was conducted at the National Commodity Exchange. It is planned to sell up to 3 million tons of grain. By June 6, 219,510 tons of grain were sold for 3.2 billion rubles.

The Minister of Agriculture of Belarus and the Deputy Minister of Agriculture of Zimbabwe discussed increasing supplies of milk, butter, and machinery. Zimbabwe aims to strengthen cooperation with Belarus at the "Belagro-2025" exhibition. Both parties plan to expand the range of products and deepen cooperation.

Imports of soybeans to China have increased, but the price is decreasing - by 14% in May and by 2.75% since June.

In Russia, prices for soybean meal have dropped to 43,100 rubles per ton due to a record harvest.

Wheat prices dropped on three exchanges on Tuesday. The USDA report showed that the winter wheat harvest is 3% complete. A decrease in wheat crop is expected in Ukraine. Corn prices have slightly increased, while soybean prices have risen. The market is supported by expectations of negotiations between Trump and Xi.

Indonesia reduced palm oil exports by 5.37% in the first 4 months of 2025, but the total value increased by 20% to $7.05 billion. The export duty on crude oil was increased from 7.5% to 10%.

Local oil producers in Kazakhstan strive to compete with Russia and Ukraine. The development of the industry is supported by the National Association of Oilseed Processors. There are plans to increase the cultivation areas and develop processing for export to countries in Central Asia, including China and Iran.

The government is strengthening logistics to ensure the growth of the industry.

In Kazakhstan, the rise in wheat prices continues. Prices for grains of different categories remain high. Some grain processors doubt the official data on grain reserves and express dissatisfaction. The demand for soft wheat remains high.

In Australia, wheat stocks are expected to decrease to 8 million tons due to reduced exports to China, which may lead to potential sell-offs and a price decrease to 300 AUD per ton. The crop forecast for 2025 is estimated at 28-34 million tons.

Roman Nekrasov from the Ministry of Agriculture has announced plans to increase rice and grain production in the North Caucasus region. The production of fruits and berries in this region will also be increased to 1.6 million tons by 2030, with a share of 45.5% in production by 2024, aiming for 46.4%.

The Indian Meteorological Department has reported that monsoon rains in Kerala have started 8 days earlier, reaching the earliest time in the last 16 years. This could be beneficial for crops.

It is expected that the precipitation levels this summer will be above average.