Russia entered the new season with large surpluses of wheat, although they have decreased compared to last year.
Currently, the share of domestic equipment in the Russian market has fallen from 59% to 53%. This is due to the restoration of imports.
As noted by the Institute of Agricultural Market Studies, prices have been falling since mid-June. However, the minimum values are most likely already behind us.
In the past few months, Vietnam has been making good money by selling rice, vegetables and fruits abroad.
3.6 million tons of grain were sent to China from Russia this year. This is a record value, which is 3 times more than in the same period last year.
Despite the almost complete ban, Kazakhstan does not believe that it is violating trade rules that apply within the EAEU.
This year, China plans to harvest 694 million tons of grain. In many ways, this should become possible thanks to the widespread introduction of new technologies.
Over the past week, prices for wheat with protein in the deep-sea ports of the Russian Federation have fallen by about 950 rubles, to 15 thousand per ton. A similar trend is observed in the market as a whole.
Compared to last year, this September the export of this crop from the Russian Federation increased by approximately 27%.
According to recent data, the sale of agricultural products abroad brings Russia the most income, not counting revenues from oil and gas.