X
XLinkedinWhatsAppTelegramTelegram
0
Read this article in:

Russian grain production in 2020

Russian grain production in 2020 may reach 122.5 million tons.

8 July 2020
X
XLinkedinWhatsAppTelegramTelegram
0

According to the Minister, the yield in 2019 was almost one and a half centners per hectare higher than in 2018, and the momentum gained through implementation of cutting-edge agritechnologies should be kept ahead.

“Despite rather severe weather conditions in a number of the Russian Federation regions, as well as the coronavirus outbreak, this spring field works are still on normally. Some regions have already started harvesting. According to updated forecasts, the gross grain production in 2020 may amount up to 122.5 million tons, including wheat share of up to 75 million tons. Basing on this, we expect that grain exports, with regard to appropriate carry-over, should make up to 45 million tons in the 2020/2021 season,” assumes Dmitry Patrushev. “Under the current socio-economic conditions we’ve managed to keep the domestic market and price situation quite sustainable. The Ministry of Agriculture has taken a number of specific actions to ensure the food security of Russia, which is the main and invariable target of the Minstry. In particular, since April 1 we have launched the export quota mechanism”.

In order to prevent food shortages, the Eurasian Economic Commission also imposed a temporary ban on the exports of certain types of goods from the EAEU, including rye, rice, soybeans and sunflower seeds until June 30, 2020. “We must meet the demand of our oilseed processors with appropriate volume of raws. We dispose sufficient capacities for oilseed processing here in Russia. According to the federal project "Export of agricultural products", by 2024 oil and fat products should bring export revenue of 8.6 billion dollars. In this regard, it is necessary to stimulate oilseed production and processing in our country,” the head of the Ministry of Agriculture emphasized. At yesterday's meeting of the Board of the Eurasian Economic Commission released a special permit procedure effective till this September 1 for sunflower exports.

The Ministry estimates the current value of grain exports throughout this agricultural year as 40.6 million tons worth $8 billion. The recipient markets remain traditional: Turkey, Egypt, Bangladesh, Saudi Arabia, African countries. The total grain export in 2019/2020 agricultural may reach 43 million tons or $8.5 billion in money terms, which fits within the estimated figures.

June 17, 2020/ Ministry of Agriculture/ Russia.
http://mcx.ru

Article Comments

This area is not intended to be a place to consult authors about their articles, but rather a place for open discussion among pig333.com users.
Leave a new Comment

Access restricted to 333 users. In order to post a comment you must be logged in.

You are not subscribed to this list Swine News

Swine industry news in your email

Log in and sign up on the list