World market - Incubator

The forecast for grain production in the world for 2024 has been raised to 2854 million tons due to the growth in feed grains. Consumption is also higher than last year. Grain stocks will remain high by the end of 2025. Global grain trade remains stable, with changes in the export of various types of grain.

Indonesia has increased grain imports from Russia: this year 95 thousand tons were purchased for $26.1 million, which is 11 times more than the previous year. The total volume for six months reached 782.6 thousand tons for $221.4 million, which is 80% of last year's shipments.

Thanks to the governor Vladimir Vladimirov, Stavropol Krai is a leader among the regions of Russia in crop insurance of agricultural lands. 163 producers have signed 297 insurance contracts, receiving over 415 million rubles in compensation. In 2025, it is planned to allocate 776.3 million rubles to support crop production.

Corn at CBOT rose by 7.25 ¢/bsh, reaching 423.00 ¢/bsh.

Soft wheat at CBOT decreased by 5.50 ¢/bsh to 532.25 ¢/bsh.

Hard wheat at KCBT fell by 5.50 ¢/bsh, reaching 520.75 ¢/bsh.

Hard wheat at MGE increased by 8.00 ¢/bsh to 572.50 ¢/bsh.

Oats at CBOT rose by 3.25 ¢/bsh to 337.50 ¢/bsh.

Rough rice at CBOT rose by 0.05 usd/cwt, reaching 15.22 usd/cwt.

Prices for sugar have risen: SBK24 futures closed at +0.27 (19.54; +1.40%), ICE №5 SWQ24 rose by +9.60 (568.90; +1.72%). Conab reduced the forecast for sugar production in Brazil for the 2023/24 season, but increased the forecast for ethanol production.

Scientists from 38 organizations studied humidity control in grain storage facilities, food production, and plant protection at the conference.

It is planned to publish a collection of 66 articles based on their research.

Russia will increase the export of agricultural products to Chile, focusing on wheat. By 2030, exports could reach $110-111 million. In recent years, Chile has been actively purchasing plant and animal products from Russia. Experts believe that the future of trade will depend on consumer preferences in Chile, especially on prices of goods.

The Ministry of Agriculture and Food of Chuvashia has audited the budget spending in the agro-industrial complex and identified violations by eight recipients of state support. The most common violations are related to grants for the development of agriculture. The total amount to be returned is 7,188 thousand rubles.

The inspections were conducted in several municipalities with the participation of the Ministry of Internal Affairs. The Deputy Prime Minister of Chuvashia urged farmers not to participate in contests if they are not honest.

In the Tomsk region, participants of the competition used drones to transport hay and complete the track. The goal was to attract youth to unmanned technologies in agriculture.

The teams "P.I.P." and "Sacramento" emerged victorious, with participants receiving bonuses for further education. A total of 150 schoolchildren and students took part in the competition.

The Bashkir laboratory has tested samples of food flax for export to Afghanistan. No dangerous organisms were found, and 22 certificates were issued.

Modern agriculture is striving to increase crop yield and protect plants. Essential oils, possessing valuable properties, are used in medicine, cosmetics, and agriculture. Research has shown the effectiveness of thyme essential oil against the pathogen C. beticola, which causes cercospora leaf spot in sugar beets.

The Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) explained that soil fertility is key to achieving high crop yields. The main indicators include organic matter, acidity, available potassium, and active phosphorus. Decreasing fertility involves changes in three criteria set by the government in 2011. Soil tests are important for preserving the environment.