News company - Incubator

Deputy Director of the Research Institute of Agriculture of Crimea, Lyudmila Radchenko, announced that the grain harvest will amount to 1.1 million tons, covering the region's annual needs. Despite partial losses due to frost and drought, the yield is expected to be high thanks to fields with a steam predecessor.

According to the Ministry of Agriculture of India, rice sowing has increased by 58% reaching 3.5 million hectares. Oilseeds were sown on 4.9 million hectares (+20%) and pulses on 2.1 million hectares (+37%). High yields are expected due to good rains. Potato and soybean harvests are also expected to be record-breaking.

BMI Fitch Solutions forecasts the average annual price of CPO in Bursa Malaysia to reach 4150 ringgits per ton by 2025. Prices for palm oil in the range of 3800-4000 ringgits are expected by the end of 2025. The level of palm oil production in Malaysia is expected to reach 19.5 million tons in 2025/2026.

Starting from July 2, the tariff for exporting wheat from Russia will decrease to 56.3 rubles per ton, which is 4.4 times lower than last week. Tariffs for barley will remain unchanged, while those for corn will increase. The calculations are based on contract prices and will come into effect on July 8.

The Ministry of Agriculture of the Russian Federation has estimated that this year the area of insured crops is 2 million hectares. Applications for compensation for losses are already being accepted, with the total amount reaching 200 million rubles.

The insured area of perennial crops has increased. There is a growing interest among agricultural producers in state insurance due to attractive conditions.

In the Kaluga region, 9.3 thousand hectares were sown with rapeseed for the harvest of 2025, increasing the area by 63%. Growing rapeseed is considered promising and is used in the food industry, animal husbandry, as fuel, in medicine, and cosmetology.

Altyn Shyghys plant from Kazakhstan will send sunflower oil to China for Sinograin. The production corporation consolidates export batches, helping farmers enter global markets. Within the project, contracts worth $20 million have already been signed. Cooperation with CITIC Construction is the result of meetings in Astana and Beijing, contributing to exports.

The sunflower crop in Russia by June 20, 2025 covers 11.4 million hectares, which is 941 thousand hectares more than last year. The largest increase in sowing areas was recorded in the Siberian Federal District (+119%), with 4.95 million hectares planted in the Volga Federal District. Half of the federal districts have exceeded the planned targets. The projected harvest for the new season is 17.3 million tonnes.

Weather forecast in the USA until July 2: warm, high humidity in the corn belt. The influence on corn and soybean crops due to high humidity, market deterioration due to contradictions. Improvement of weather is expected in the plains of winter wheat.

Production of Brazilian soybeans is growing, the USA expects a crop of 118.84 million tons. Argentina plans to introduce 49 million tons to the market.

The Russian government has extended the temporary ban on the export of live rice until the end of 2025 due to production problems following the accident at the hydropower plant. Exceptions to the ban include supplies to the Eurasian Economic Union and humanitarian aid.

A tariff quota has been introduced for the export of processed rice and cereals.

In Tunisia, the harvest is successfully coming to an end. A total of 134,208 tons of grain have been collected, including 133,735 tons for consumption and 473,600 tons for seeds.

The wheat harvest is planned to be 1,350,000 tons and barley - 550,000 tons. Tunisia remains a major consumer of Russian wheat.

The center of Rosselkhozbank has completed the Forum on the development of linseed production in Russia. The planting area will increase by 5%, reaching 1.753 million hectares, with a yield of up to 1.42 million tons.

This year, the export of linseeds has decreased by 15%, with China and Belgium leading in purchases.