This year, agricultural production may increase by 1% compared to 2019 with a planned value of 1.8%, according to the National Report of the Ministry of Agriculture following the implementation of the state program for agricultural development. Relative to the base year 2017, the industry will grow by 4.8% against the target of 3.8%. Including plant growing, it is expected to add 1.9% to last year, livestock - 1.5%. Under favorable economic and weather conditions, forecast indicators may be higher. According to the forecast of the ministry, the gross harvest of grain and legumes this year will be 121.9 million tons, which is 0.6% more than in 2019. In mid-June,. Read more...
Russia’s wheat production will amount to 74 mln tonnes in 2019-2020 agricultural year (June 2019 - July 2020), according to the estimate of the US Department of Agriculture. In September and October, it projected 72.5 mln tonnes. Wheat export projection has been raised to 34.5 mln tones from 34 mln tonnes in previous months. The official grain harvest outlook of the Russian Agriculture Ministry for 2019 is 120 mln tonnes, including 78 mln tonnes of wheat. Previously the ministry projected grain harvest at 115-118 mln tonnes. Russia’s grain export equaled 43.3 mln tonnes in 2018-2019 agricultural year, including 35.2 mln tonnes of wheat. In. Read more...
Experts predict that the Russian grain harvest in 2019 will be 16% lower than the previous one. Grain prices will inevitably rise. Concerns about the possible increase in the prices of grain imported from Russia are expressed by Armenian business circles. In a conversation with the correspondent of the news agency “Sputnik Armenia”, the chairman of the Union of Poultry Farmers of Armenia Sergey Stepanyan noted that the prices for mixed feeds are already rising. A kilogram of feed has risen in price by 30 drams (AMD), the cost of its production also increased, which, in turn, affected the price. Read more...
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