International trade - Incubator

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.

The Ministry of Agriculture of Kazakhstan is planning to increase subsidies for grain delivery to Afghanistan from 20 to 30 thousand tenge in order to expand export routes.

Flour producers have expressed concerns that these changes may have a negative impact on sales in Afghanistan.

In the Krasnodar Krai, 6 billion rubles have been invested in a sunflower seed production plant. The first stage is completed, and by 2027, the plant will be able to produce 15,000 tons of seeds annually.

The construction of the warehouse and the building for seed cleaning is almost completed.

From May 28 to June 3, 2025, new customs duties on the export of grain come into force: wheat - 1364.5 rubles per ton, barley - 0 rubles per ton, corn - 606.0 rubles per ton. The changes are related to the harvest and export goals.

Exports of soybeans from Brazil in May 2025 are projected to reach 14.52 million tons, which is 1.75% higher than the forecast from last week.

Exports for January-April amounted to 40.42 million tons, close to half of last year's volume. Revenues are expected to increase with the soybean crop of 2024/25 estimated at 167.9 million tons.

Farmers of the Zabaykalsky Krai have planted almost half of the agricultural crops on an area of 64,000 hectares. Chernyshevsky district is leading with 17.2 thousand hectares. Grain crops cover 28.1 thousand hectares, rapeseed - 30.2 thousand hectares, sunflower - 3.3 thousand hectares, flax - 1.8 thousand hectares. 333 hectares of potatoes have been planted. The plan is fulfilled by 59%. Work is underway in several districts.

During the period of January-April 2025, Russia exported rapeseed oil to China for $478.2 million, which is 29% more than the previous year. Russia is leading the market, surpassing Canada and Belarus. However, rapeseed exports to China decreased by 3.4 times, reaching $13.1 million.

AO "National Managing Holding Baiterek" has signed agreements with Kazakhstan oil processing enterprises to support the export of products. Financing has been allocated for the purchase of raw materials and contract insurance, which will help increase the export of oil and fats from Kazakhstan.

There are plans to increase farmland for oilseed crops and boost exports.

In Kashira, the first stage of construction of the elevator complex "Prom Produkt" has been completed. The facility accommodates wheat, rapeseed, peas, and soybeans on 5000 hectares. The elevator is equipped with a storage capacity of 12,000 tons, with an investment of 600 million rubles. The second stage will be completed by 2026.

In Tatarstan, the sowing season is coming to an end: 82% of spring crops have been sown, including wheat (86%), sugar beets (96%), and sunflowers (90%). Several districts have already completed planting, with Tetushsky, Kaybitsky, Apastovsky, Spassky, and Chistopolsky standing out.