News company - Incubator

Cleaning of the soybean fields in Brazil as of February 23 has reached 36.4% of the plan. Abundant rainfall has aided the process, but the southern part of the country is suffering from drought.

In the state of Rio Grande do Sul, a decrease in the productivity of oilseed soybeans by up to 40% is expected.

At the meeting in the Rostov region, plans were discussed to increase the use of domestic corn and sunflower seeds in 2025. The goal is to achieve a share of 68% and 57% respectively. It is also planned to increase the area of seed crops. In 2024, the share of domestic seeds was 62% and 43% respectively.

Rapeseed production in Russia is rapidly growing: the sown area and yield have increased thanks to intensive technologies. This crop has become the main oilseed due to high demand on the world market.

The use of domestic seeds and variety renewal plays an important role. It is expected that rapeseed production will continue to grow.

The increased interest of China, Iran, and Central Asian countries has boosted demand for barley, which has become more expensive compared to wheat. In Kazakhstan, the price of barley reached 77-80 thousand tenge, with exports ranging from $180 to $215 per ton. Wheat was priced at 73-76 thousand tenge in the domestic market and $188-194 for exports. The rise in barley prices is impacting feed wheat. Kazakhstan has started to purchase wheat from Russia. Futures on the American exchange reached $216 per ton.

Introduction of new higher rates in tariffs for transportation of goods through Kazakhstan in the direction of the EEU in 2025 will be effective from 07.03.2025 to 31.12.2025. The previously established higher rates will be canceled. The rate increase is necessary to ensure the railway infrastructure.

Turkey is increasing its wheat sowing areas, focusing on durum wheat crops. Wheat imports have decreased to 1% of the global volume due to reserves. Experts do not expect a sharp increase in imports due to the availability of local wheat.

Before the start of the sowing campaign in Russia, it is planned to support the agricultural machinery industry. Deputy Prime Minister Alexander Novak instructed to coordinate the necessary support measures taking into account the sanctions. Discussions included financial indicators, credit burden, and demand for agricultural machinery.

In January, soybean processing in the USA reached 5.45 million tons, slightly below the previous record. Some plants slowed down due to weather conditions, while the demand for soybean oil decreased. Global soybean processing increased to 349.3 million tons, and soybean meal trading rose to 107.4 million tons.

According to Rosstat, in 2024, the production of oil from rapeseed in Russia decreased by 16.3% compared to the previous year. Over the past 5 years, it has grown by 2.2 times, and over the past 10 years, by 3.6 times.

In December 2024, the production volume increased by 16.2%. The growth in production is associated with a record harvest of rapeseed. More information: ab-centre.ru.

Agricultural producers in Rostov region will start spring sowing a week earlier due to the weather. It is planned to sow 1.9 million hectares and increase the area of seed plantings for row crops. 88% of fertilizers and 105 thousand tons of seeds are stockpiled.

In the Voronezh region, a modern dairy complex for 3600 cows is actively being built. Half of the work has been completed, and the launch is planned for December 2025. The project will cost 6 billion rubles and create 130 jobs. Equipped with the latest technologies, it will be able to produce 33.9 thousand tons of milk per year.

The Chairman of the Agricultural Machinery Dealers Association believes that some Western manufacturers may return to the Russian market. John Deere and AGCO have temporarily stopped supplying, but small companies are already active. Trading centers offer local partnerships to re-enter the market.