The country’s new president, Javier Miley, had previously promised to reduce export duties, but after his election he immediately decided to increase them.

In general, agricultural production has been growing over the past decades, but now there is a noticeable decline.

According to experts, this year the volume of the entire Russian agricultural insurance market may reach a record level of 12 billion rubles.

Despite the record harvest that Brazilian farmers have had this season, there are still problems.

According to statistics, over the past 5 years in the Russian Federation the number of farms has significantly decreased, while the total area of agricultural land in use, on the contrary, has increased.

Currently, producers and processors want to lobby for legislation that will best protect their interests.

According to the Ministry of Agriculture, in 2023, flour exports increased by almost a third, and in January-October 2023 it exceeded the values achieved for the entire 2022.

The PRC plans that in less than 10 years the volume of the Chinese market for GMO soybeans and corn could exceed $1 billion.

European farmers expect good prices for sugar beets and sugar itself this year, but overall a shortage is expected on the market.

India is opening the door for domestic supply of peas from December 8, 2023 to March 31, 2024.