According to forecasts, the area under most oilseeds this season should increase compared to the previous one.
The Russian authorities plan to allocate up to 20 billion rubles to support agricultural producers.
From March 11 to March 20, Russia exported 2.3 times more grain than during the same period last year.
Currently, the Russian agricultural department is thinking about revising the size of the export duty.
The use of digital technologies in agriculture is expected to triple over the next 10 years, but they are not widely used at the moment.
In 2022-2023, the Saudis produced about 1.18 million tons of wheat; in 2023-2024, results are expected to be about 1.2 million tons.
Common problems in the agricultural sector open wide opportunities for Pakistan and China for cooperation in this area.
The intervention fund was created in order to support farmers through direct purchase of grain from them, as well as regulate prices.
Compared to 2017, the oat harvest in the Russian Federation decreased by 2.2 million tons, and the area under this crop is also decreasing.
According to the Ministry of Agriculture, Russia has reduced purchases of imported seeds by almost a third during 2023. The main emphasis is on import substitution.