As noted in the Eurasian Sugar Association, this season its production may increase in all EAEU countries by about 4%, up to 8.1 million tons.

The Ministry of Agriculture wants to recommend that the manufacturer suspend the sale of such products abroad for a while, since prices have fallen very much.

According to the report of the US Department of Agriculture, the production of vegetable oils in China is lower than consumption, so the producing countries have a chance to increase supplies to China.

At the same time, the dynamics of price changes in the regions is ambiguous:

The Ministry of Agriculture of the Russian Federation has prepared a bill that will ensure all payments for Russian agricultural products through one bank.

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.