On June 30, the Ministry of Agriculture of the Russian Federation should consider the issue of adjusting the size of the export duty. Agrarians really hope that the department will reduce its size.

According to the UN FAO, the drop in March compared to February was about 2%, and when compared with March 2022, then about 20%. Now the index is 126.9.

The Chinese company Shandong Chuangxiang Group Co plans to invest up to 900 million rubles in the construction of an enterprise for deep processing of grain in the Russian Federation.

The department has no intentions to stop using the mechanisms of export duties on grain and sunflower seeds, said Deputy Minister Oksana Lut.

On March 31, a meeting of the Ministry of Agriculture with representatives of the Russian Oil and Fat Union and manufacturing companies was held. Steps were discussed that would help expand exports.

Foreign breeding companies can be allowed to work in the Russian Federation only if a number of difficult conditions are met, and this creates risks.

For the first time since last November, over the past week, an upward trend in prices for wheat from Russia was recorded.

Today, the intervention grain fund in the Russian Federation is about 3 million tons. According to some experts, it should be at least tripled.

The creation of its own export fleet should begin in the near future, this is Russia’s response to sanctions restrictions that prevent ships from other countries from being fully chartered.

This year, the export of linseed oil from the Russian Federation may increase several times, while the export of flax may decrease.