According to the National Union of Agricultural Insurers, some regions in Russia already insure from a quarter to half of their crops.
The Eurasian Economic Union has decided to completely abandon paper-based document flow in seaports and go to electronic.
While grain producers see the duties as a loss, livestock breeders argue that the introduction of duties will keep the price of meat affordable.
A grain quota of 17.5 million tonnes has been distributed among 234 companies.
In 2020, Russia exported agricultural products worth about $ 29.4 billion. However, there is reason to believe that this value may become lower in the coming year.
The already introduced duties on the export of grain, corn and barley are just the first signs of the emergence of a permanent floating duty mechanism.
According to the Federal State Statistics Service, in 2020, road cargo transportation decreased to the minimum level of 2016, judging by the volume of delivered goods.
Farmers fear that the introduction of an export duty on soybeans in the amount of 30% of the customs value from February 1 will contribute not so much to lower prices as to ruin the industry.
On the eve of the introduction of duties, the volume of grain exported from Russia in January amounted (according to preliminary data of the system LogisticOS ) almost 3.7 million tons.
As a result of a number of factors, the volume of wheat exports from the Russian Federation increased to record levels (about 3 million tons per month). The logistics are failing.