As of August 14, the harvest of grain and leguminous crops was 8.2 million tons less than on the same date last year.
Global grain exporters are beginning to view Indonesia as a significant buyer, which will be able to increase its purchase volumes over time.
In the near future, the national project to support exports, including agricultural products, may be extended in Russia.
Bangladesh is one of the promising areas for the export of Russian agricultural products, while the supply potential is far from being exhausted.
According to the latest data from the US Department of Agriculture, the forecast for wheat exports this year will be around 48 million tons.
Over the past week, grain prices inside Russia have shown growth, which increases the profitability of producers and exporters.
The current situation is forcing Russia and China to seek forced solutions, and barter trade may be one of these solutions.
2024 in Russia was marked by a decrease in the area under grain crops with a parallel increase in these areas under oilseeds.
Many experts estimate the grain harvest in France this year as catastrophic, and the forecasts are rapidly deteriorating.
According to the latest data, this time the summer grain harvest in China reached 150 million tons, which is 2.5% more than last season.