Sea freight to Europe is getting longer and more expensive, so China is starting to switch to trains going through Russia.

Grain producers and exporters are extremely concerned about the measures the government has already introduced so far. But the worst is yet to come.

The government has greatly adjusted the target indicators for the export of agricultural products in these years downward.

An agreement to this effect was signed between the two countries this week.

Their growth is due to several factors: higher gasoline prices, higher demand and lower yields.

In 2020, non-resource non-energy exports from the Russian Federation grew by 4%. A large part of it is food.

Despite very strong export performance last year, the situation may deteriorate markedly due to the imposition of duties, as well as high competition.

The Rusagro group of companies, which was planning to sell the Primorskaya Soya plant, decided to keep this enterprise and load it with work.

Considering the latest «news from the fields», the Sovekon analytical center has raised its forecast for the harvest in 2021. According to it, farmers will be able to harvest up to 79.3 million tons of wheat.

In recent months, the Russian government has been doing everything to make the export of agricultural products unprofitable.