A bad winter could cause the UK to significantly reduce its food self-sufficiency, forcing it to increase imports.
Chinese regulators recently confirmed the possibility of using modified wheat with improved characteristics in China.
The Russian Federation has a chance to become the world’s largest wheat exporter for the fifth time in a row, according to the US Department of Agriculture.
Currently, export prices for sunflower oil have strengthened, while soybean and palm oil continue to fall in price.
In the Krasnodar Territory, this season it is planned to sow rice on an area of 110 thousand hectares, while it has already been sown on 55 thousand hectares.
Growing corn in India largely ensures the country’s food security, while local farmers want to protect their market from GMO varieties.
Today’s conditions are such that for many farmers entering the securities market would be a good option, but so far few people are willing to do this.
This season, despite difficult weather conditions, EU countries are expecting an increase in harvest.
According to experts, by 2030 the export of fat and oil products produced in Russia may increase 1.5 times and amount to about 16 million tons.
The lifting of the ban on the import of winter wheat by the PRC could increase Russian supplies to this country by an order of magnitude, experts are sure.