In the first quarter of 2024, exports of vegetable oils set record levels and may continue to grow.
According to experts, the Russian Federation has every chance to double rice production over the next few years.
According to analysts, the volume of wheat exports from Russia this month may be at a very high level.
In just one week, export prices for wheat showed a significant increase of $16, which is 7% more than the previous week.
From May 16 to 21, the eighth Sino-Russian exhibition is being held in China, within the framework of which many issues of bilateral cooperation are discussed.
May frosts could significantly affect the harvest of wheat and other crops in Russia; in the South, losses could reach 15%.
Experts suggest that Russia may produce more oil this year than in the previous year, and there are drivers for such growth.
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.