Rusagrotrans raised its forecast for grain harvest this season to 154 million tons.
Against the backdrop of a record grain harvest in Russia this season, exports are still lagging behind last year’s figures.
Then 135.5 million tons of grain were harvested, now, according to the Ministry of Agriculture of the Russian Federation — 147.5 million tons.
Winter is coming soon, and harvesting is far from complete everywhere.
This year, Russian farmers can harvest up to 150 million tons of grain, but a large harvest is a problem.
Such a proposal is indicated in a letter sent to the President of Russia.
This summer, Europe faced a severe drought, as a result, the Rhine, Loire, Danube and other major rivers became shallow, which paralyzed shipping.
We are talking about subsidies that made it possible to compensate for up to 50% of the cost of purchasing animal feed.
One of the main reasons for this is the increased competitiveness of palm oil against other oils and fats.
At the National Commodity Exchange from August 1 to October 21, transactions were carried out for 1 million tons of grain, 15 billion rubles were spent on them.