According to the US Department of Agriculture, up to 650 million tons of grain may be grown in the country this year. This is significantly more than last year’s level of 560 million tons.

Russian agrarians still have big problems with their own seed production — for many crops, dependence on their imports is from 30% to 90%.

As noted by Valentina Matviyenko, Chairperson of the Federation Council of the Russian Federation, the senators plan to control prices for fuels and lubricants for farmers during the sowing season.

Russian companies are starting to supply more and more sunflower oil to the Middle East, including Iran.

Last year was a record year for many crops, such as wheat. However, high export duties do not allow to receive a high income from their sale.

In February, the rate of export of Russian wheat abroad decreased, but there is hope that they will be restored in the remaining months of the season.

If in 1991 about 2 million hectares were sown with millet in the Russian Federation, now it is no more than 240 thousand hectares.

In the current season 2022-2023 The Russian Federation exported about 40 million tons of grain. Such data are provided by the Ministry of Agriculture.

According to the forecasts of most analysts, this year one should not expect a grain harvest in Russia at a level of more than 127-131 million tons.

Maritime shipping is experiencing a period of decline: both volumes and freight rates are falling. It is possible that this is due to the global recession.