News company - Incubator

More than 1,000 tons of grain were exported from Kuzbass in 2022. The main deliveries were to North Korea and Mongolia. Laboratory tests showed that the products meet the requirements of the recipient countries.

The President of Mexico has proposed a constitutional reform to ban the cultivation of GMO corn in order to protect this symbol of national identity. This decision has sparked controversy with the U.S. due to the ban on GMO corn.

In 2024, China increased imports of Brazilian soy by 6.7%, while decreasing American soy by 5.7%. China's share in the global soy imports reached 105.03 million tons, reducing dependence on the USA to 21%.

As for Argentina, its exports doubled.

The Ministry of Agriculture is creating an educational system for the rural sector: from agricultural classes to higher educational institutions. The head of the department, Oksana Loot, plans to fill the labor shortage. Mr. Kashin notes problems with living conditions in rural areas and improvements. It is important to develop rural areas and ensure their funding.

Due to the shortage of sunflower seeds on the market, the company "Kernel" has switched to processing other crops. One of the plants had to close down due to a lack of raw materials.

The processing volume has increased by 20% thanks to the new plant. Oil sales have decreased by 31%, and profitability has fallen due to competition.

A harvest of 12.2 million tons is forecasted.

In the Ukrainian sunflower market, purchasing prices continue to rise due to the increase in export oil prices. Prices for seeds are increasing by 1000-1600 UAH/ton, reaching 27,000-27,600 UAH/ton in the central and western regions of the country.

Supply is growing, but farmers with large stocks are waiting for a favorable moment to sell.

In the Ulyanovsk region, the volume of agricultural exports increased by 29% to $20 million. The main products include grain, flour, and oil. The exports are sent to 12 countries as part of the "International Cooperation and Export" project, with a focus on the trade and logistics route through the Middle Volga. The governor of the region emphasized the importance of supporting companies and retraining exporters.

The Minister of Agriculture emphasized the role of small agribusiness in ensuring food security. The plan for 2025 includes maintaining grants and launching new support programs, such as "Agro-motivator". It is also planned to support organic production and increase the export of niche crops to China. Ensuring phytosanitary safety of products is important.

In 2024, Azerbaijan bought 85,286 tons of corn for $24.064 million. This is 16.7% more (12,224 tons) and 15.5% more expensive ($3.239 million) than in 2023.

The expenses on corn accounted for only 0.1% of the total import costs. [Source: Report]

The opinion of the Grain Producers Association of Canada on the deal of Bunge's acquisition of Viterra: the Minister of Transport's decision does not ensure competition protection, selling part of the shares will not solve the problem, potential losses for farmers up to $770 million per year, the deal will cause issues in the market and will require review. Bunge will buy Viterra for $6.2 billion in stocks and $2 billion in cash.

In 2023, the export of sunflower seeds from Russia to Kazakhstan decreased by 69.1% compared to 2022. The average price in 2023 was 122.9 USD/ton, which is 3.4% higher than the previous year.

During January-October 2024, the import volume increased by 18.0 thousand tons compared to the same period in 2023, while prices rose 2.1 times.

Russia and Ukraine are increasing soybean production due to growing demand and high profitability of the crop. It is projected that the total production by 2024-25 will reach 13.1 million tons. Ukraine will lead in exports, reaching 3.7 million tons, while Russia will export 7 million tons.