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.

Experts expect that this year the volume of transport of agricultural goods using rail may increase even more.

The Ministry of Agriculture has distributed previously established quotas for the import of seeds into the Russian Federation. The largest shares were received by 3 companies: Syngenta, KVS and Zolotoy Pochatok.