The European part
For Russia, the forecast harvest of agriculture again reduced
The new grain season 2019/20 food rye walked with historically low reserves and high prices.
According to forecasts of the Ministry of agriculture, in 2024, the grain will remain the leader of the Russian export volume of more than 11 billion dollars.
Farmers of the Rostov region has collected more than 9.5 million tons of early grain. But harvest on the don fields is still ongoing. In the near future, complete collection of bread farmers in the ten districts. This was announced by the head of the region Vasily Golubev, reports IA REGNUM.
Rising world grain prices may intensify proinflationary risks in the Russian market, warns our Central Bank, which looks at the world only through the prism of inflation. In fact, grain prices in the world today, below last year's what's upsetting our exporters. They warn that Russia will not be able to update last year's records collection and export. Since the forecasts for the grain harvest does not improve, but deteriorate.
Exports of agricultural products of the Chelyabinsk region in 2024 is projected to reach 292 million U.S. dollars
Exports of agricultural products of the Chelyabinsk region in 2024 is projected to reach 292 million U.S. dollars. This was announced at the district meeting in format of video conference held by the Minister of agriculture of the Russian Federation Dmitry Patrushev, according to The DairyNews with reference to the press service of the Ministry of agriculture of the Russian Federation.
In the Volga region, the loss of winter crops is estimated at 9%
In its latest forecast report published on March 28, experts of the IGC estimated soybean production in the EU in the amount of 2.6 million tons. In the 2017-18 season, this figure was slightly higher. A year earlier, the farmers block has collected 2.5 million tons of oilseeds.
Ukraine sharply increased its exports of corn
Meanwhile, the area under flax-dolgunets continue to decline
The latest assessment of the FAO global cereal production in 2018 is 2 609 million tons, 2.8 million tons less than in the previous report in February.
The Ministry of agriculture of Russia gave a forecast on the harvest of wheat in 2019 at the level of 75-78 million tons.
According to analysts of Oil World, in 2019/20 MG production of rapeseed in India could rise to 8 million tonnes compared to 7.1 million tonnes in the current season, which significantly exceeds the average for the last 5 years (6.3 million tons).
The international Grains Council slightly lowered its forecast of ending stocks of wheat in the world, but dramatically increased corn
The international Grains Council (IGC) in its February report downgraded the forecast for global wheat production in 2018/19 season by 2 million tons to 735 million tons. Mainly due to Australia and China. And this is by 3.8% less than last season. The Agency said Grain Online with a link to the official website of the IGC.
According to forecasts of the Malaysian palm oil Council (mroc), the price of palm oil in 2019 will be maintained at a level of 2303 ringgit/ton (about $565 per ton), despite the fact that the world production of the product at the end of the year could increase by 3 million tons, according to Reuters.
Export prices of Russian wheat fell last week, following the dynamics of the American futures, which tumbled to multi-month lows, as prices in the global export market is talking about a downward trend.
Russia this year will become the world's fourth largest grain exporter with a volume of 45 million tons, predicts the Director of Novorossiysk branch of the fgbi "Center for grain quality assessment" Michael Khans.
The Ministry of agriculture of Russia expects the grain harvest in 2019 at the level of 118 million tons
Russia's agriculture Ministry expects the grain harvest in 2019 will amount to 118 million tons, said agriculture Minister Dmitry Patrushev.
As the American Ministry of agriculture predicts that this season Russia can aim at processing a record volume of sunflower.