In 2023, the Russian Federation harvested a record soybean harvest of 6.6 million tons. In the near future, the volume may increase to 7-8 million tons, according to the Ministry of Agriculture.

According to the US Department of Agriculture, Russia is gradually ousting the European Union from its usual wheat markets — primarily from the Middle East.

The largest national project related to the extraction of potassium and the production of fertilizers from it is starting in Brazil.

Currently, India has entered into long-term contracts with Brazil and Argentina to ensure stable import of pulses.

European linseed oil producers are sounding the alarm: the European Commission’s plans to increase duties on the import of raw materials from Russia create huge risks.

From April 10 to 12, 2024, the TBI group of companies took part in the conference in Shanghai, the largest financial and business center of the PRC.

The Customs Subcommittee approved a ban on the export of sugar from the Russian Federation; after the publication of the decision, exporters must complete or cancel contracts.

In March, the index of world prices for food products increased. It is emphasized that this is the first increase in the last 7 months.

The French company Alters announced the launch of a new product on the market — fuel made from rapeseed oil.

Currently, Canada is finding it increasingly difficult to compete with Australia in the oilseed market, so Canadian producers are counting on China.