Despite the fact that export prices for wheat are showing positive dynamics, the presence of export duties still prevents companies from making a profit.
According to experts, by 2030 the volume of annual beet pulp exports from Russia may well reach 1.6 million tons.
It is planned that in the near future the total capacity for processing oilseeds in the Russian Federation can increase by approximately 6 million tons.
According to the latest data, 132 million tons of grain were harvested in Russia this year.
Currently, the Russian authorities are considering how to stop the emerging rise in food prices.
The popularity of so-called «niche oilseeds» is growing as restrictions are imposed on the export of major crops.
According to the latest data, October was the month during which agricultural production in the Russian Federation decreased by 12%.
According to the latest data, the total volume of agricultural exports from Russia to Saudi Arabia may reach $1.5 billion.
Currently, Russia is in third place in the world in terms of food supplies.
As noted, agriculture is currently among the lagging industries in terms of digitalization, but there is room for growth.