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ICARUS: safflower fell in price and lost market
In 2017/18 MG safflower will lose attractiveness, despite the extension of cultivated areas, said a leading expert of Institute of a conjuncture of the agrarian markets (IKAR) Daniel Khotko
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Reasons for negative expectations of the analyst called the price collapse in culture and the loss of the main market is Turkey, which has set import duty.

According to experts, Russia could only redirect part of the supply to the Republic of Iran and European countries. However, Turkey was the largest market, which delivered more than 85% of the culture. In addition, the price per ton of culture is today from 8 to 9 thousand rubles, while it had previously cost from 14 to 15 thousand

Farmers have increased the crops in half – up to 445 thousand hectares, and the collection has grown from 154 to 290 thousand tons. Now, analysts are predicting a halving of the area.

However, ICARUS does not exclude that will continue to cultivate the culture in the South of Russia because there is a convenient path to the market. Lost her appeal in Central Russia and the Volga region.

The fee may revert to no more than 160 thousand tons, said the expert of the Russian agricultural Agency.

Photo: eda-land.ru



Translated by service "Yandex.Translation"
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