The European Union has established protective duties on the import of many types of agricultural products from the Russian Federation, but this can greatly harm the Europeans themselves.
On June 27, a Conference on Food Security was held in Moscow with the participation of many experts from the BRICS countries, where the main theses and development plans were announced.
The latest issue of LOGISTIC OS JOURNAL has been published on the Logistic OS analytical platform.
Today’s release contains summary data on the export of grains and legumes in Australia (January — May 2024).
Export wheat prices continue to decline, despite the fact that they have already fallen significantly at the moment.
According to the latest data, the top 10 largest agricultural holdings in Russia have not changed, while their total land bank has become even higher.
Russian manufacturers of agricultural machinery fear that a decrease in farmers’ incomes may reduce demand for their products.
Brazilian analysts predict a decline in the production level of major agricultural crops, which could negatively affect the entire world market.
The Oil and Fat Union believes that by the end of this season the level of carryover stocks of oilseeds should return to the usual level.
China is currently one of the largest importers of oilseeds; in order to solve this problem, it is going to introduce a new crop — chufu.
World wheat prices are currently showing a fairly strong decline, and experts do not see growth factors in the foreseeable future.