As noted in the UN FAO, for the ninth month, world food prices in general have been falling, and this applies to many types of products.

In 2021 and 2022, Russia consistently doubled the volume of agricultural supplies to Algeria. As a result, over the past 2 years they have grown several times.

In 2022, agricultural producers from the Russian Federation increased their purchases of mineral fertilizers by 16% compared to the same period of the previous year.

The Ministry of Agriculture of the Russian Federation plans to launch a large-scale program for the “gasification” of Russian agricultural machinery and spend up to 500 million rubles on this program this year.

Despite the record harvest of last year, it will not be so easy to repeat it this time: there may be problems with fertilizers, seeds and machinery.

The EU, which was previously the main consumer of beet pulp from the Russian Federation, has now completely abandoned it. As a result, most deliveries are now directed to Turkey and China.

Wheat prices have nearly halved since last February, from $13.5 a bushel to $7.3, according to the Chicago Mercantile Exchange.

The Office took the initiative to raise the duty rate from 20% to 50%. This is necessary to increase the processing of soybeans within the country.

We are talking about the construction of access roads to the cross-border Zabaikalsky grain terminal. Only 3 km of tracks will make it possible to multiply the export volumes.

The general trend of avoiding the dollar in settlements with importers Russia plans to spread to buyers of agricultural products.