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6%
over the same period last year.
Soybeans are one of
the most attractive crops for farmers in recent years.
the most attractive crops for farmers in recent years.
In the past 10 years, soybean cultivation has increased 1.
3 times, from 1.
5 million hectares to 3.
5 million hectares
.
People are willing to grow soybeans because of their high export potential, favorable price environment and growing global demand for soybeans themselves and soy products
.
3 times, from 1.
5 million hectares to 3.
5 million hectares
.
People are willing to grow soybeans because of their high export potential, favorable price environment and growing global demand for soybeans themselves and soy products
.
Since the beginning of 2022, Russian soybean exports have increased by 44%
year-on-year.
year-on-year.
The largest share of exports were soybeans (1,165,400 tons), soybean cake (495,500 tons) and soybean oil (483,300 tons).
The main buyers of Russian soybeans are China, Belarus and Kazakhstan, while soybean oil is mainly exported to Algeria, Egypt and India, and soybean cake is mainly exported to Germany, Turkey and the Netherlands
.
.
This year, the Russian government allocated a total of 4.
8 billion rubles to stimulate the production of
oilseed crops rapeseed and soybeans, Rambler's website reported.
This support allows farmers to maintain their profits, mitigate the impact of logistical constraints and buy seeds and fertilizers
for the next season.
8 billion rubles to stimulate the production of
oilseed crops rapeseed and soybeans, Rambler's website reported.
This support allows farmers to maintain their profits, mitigate the impact of logistical constraints and buy seeds and fertilizers
for the next season.
