In 8 years, Brazil plans to produce about 390 million tons of grain. This is approximately 13% more than in 2022.
The Australian agro-industrial complex, planning its further development, is largely focused on grain exports to Africa.
According to estimates by the US Department of Agriculture, China will retain its leadership in the procurement of agricultural products until 2034.
The Association of Peasant Farms and Agricultural Cooperatives of Russia once again stated that export duties are one of the main obstacles to the development of the industry.
China is going to use the Xinjiang region as an important base to ensure the country’s food security.
According to the latest data, the total sowing area this season should remain unchanged, but in a number of regions there is a downward trend.
Currently, grain prices on the world market are at their lowest since 2020. This is a negative trend for manufacturers and exporters.
According to analysts’ forecasts, the volume of Russian food exports in 2023 could reach up to $43.5 billion.
According to experts, the oilseed harvest by the end of 2023 may be higher than 30 million tons.
According to the latest data, for 2023 the growth was up to 72% when compared with the results for 2022. As for the physical volumes of supplies, they grew even more, almost 3 times, and reached 900 thousand tons.