Monitoring - Incubator

Grain exports decreased by 23.2% to 2.5 million tons. The growth in shipments in the first half of December was replaced by a decline. Wheat prices are strengthening in Europe and Russia.

Domestic grain prices are fluctuating, while farmers are hopeful for growth. Exports to Egypt and Bangladesh have increased, with no deliveries to Saudi Arabia. Export quotas for grain in 2025 will be limited.

The government has introduced changes to the agricultural development program. Funding for regional expenses will be improved, subsidies for agro insurance and grants will be strengthened. Attention will also be paid to Siberia and the Far East. The innovations will come into effect starting from 2025.

Swine production in Russia is planned to increase by 25% by 2030, reaching 7.19 million tons live weight. Investments in expanding production and primary meat processing are estimated at 72 billion rubles. To achieve this goal, it is necessary to attract 15,000 specialists in animal husbandry.

Food prices on the world market have been unstable this year, which has led to a decrease in exports. However, the volume of physical shipments has increased by 10%. Meat, dairy, and processed products were successfully exported. Russia aims to double agricultural exports by 2030.

The Russian Union of Flour Mills predicts an increase in flour production to 10.3 million tons in 2024. The production of wheat flour is growing, while rye flour is decreasing due to the high cost of grain. A decrease in rye harvest is expected in the future.

According to Rosstat, gasoline prices in the Kemerovo region are as follows: AI-92 - 52₽, AI-95 - 56.69₽, AI-98 - 75.28₽, diesel fuel - 69.74₽.

Kuzbass has some of the lowest gasoline prices, especially for AI-98. Kemerovo region is also among the top 10 regions with low prices for AI-92.

There is a shortage of agronomists on the labor market due to a lack of qualified specialists. Salaries are increasing, and the number of job openings is growing. The solution is to maintain employee loyalty through professional development and training.

The volume of greenhouse vegetable yield in Russia has increased and reached 1.64 million tons. It is expected to reach 1.68-1.69 million tons this year, setting a new record.

Producers' costs are rising due to high expenditures on electricity, labor costs, equipment, and seeds. Prices for cucumbers and tomatoes increased in October. Now the cost of greenhouse products in winter may be 100-150% more expensive than in summer, which is explained by the producers' increased expenses.

Last week, sunflower and oil prices continued to rise. Domestic prices for sunflower and oil are at their highest level. Export prices for oil are falling, and a decrease is expected for other vegetable oils as well. In Russia, a decrease in prices for sunflower and oil is expected due to the increase in export duties and the decline in world prices.

Internal prices for wheat may decrease due to low export activity. In the Central part of Russia, prices have risen due to strong demand from livestock breeders. A decrease in wheat export potential is expected.

In the first half of 2024, the production of natural starches in Russia increased to 205.5 thousand tons, surpassing last year's figure.

Corn starch increased by 6%, while wheat starch decreased by 4%. Production of modified starches increased by 23%, including an increase in the volumes of potato starch.

Growth in the production of starchy starch products was also noted.

The forecast for Russian wheat export has been increased to 5 million tons. Prices for Russian wheat remain stable on the market, unlike competitors. The stable improvement of weather in the USA has a positive impact on the crop. Internal wheat prices throughout Russia are rising.