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The Black Sea region is a significant supplier of agricultural commodities to the world. Over the past year, global grain and oilseed markets have been roiled by the ongoing military conflict in Ukraine.
A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.
Post forecasts Russia's grain and feed production for the coming year.
Recent measures intended to dampen domestic food price increases by inhibiting grain exports were adjusted by Decree #33 signed on January 23, 2021.
As part of its package of measures to reduce food prices adopted in December 2020, the Russian government issued a number of decrees to restrict exports of some grains and oilseeds...
In response to the COVID19 epidemic and in order to ensure the agricultural security of Russian citizens, the Russian Government decided to impose a quota in the amount of 7MMT to limit exports...
FAS/Moscow forecasts that wheat production will reach 73.5 MMT in MY2019/2020, a decrease from the previous forecast of 74 MMT based on industry and official data.
Russia’s grain crop in MY19/20 will be abundant, particularly for barley and corn.
FAS/Moscow decreased its July 2018 grain production forecast by 1 million metric tons (MMT) to 108.9 MMT.
On September 12, 2018, the Russian government website dedicated to regulations published draft amendments to decree No. 1595 on the rules for providing grain transportation subsidies....
FAS Moscow decreased its April 2018 total grain production forecast by 13.8 million metric tons (MMT) to 109.9 MMT based on reports of reduced area and cold and rainy conditions in some regions....
Assuming average weather conditions during the growing season, FAS/Moscow forecasts Russia’s 2018/19 grain and pulses production at 123.68 million metric tons (MMT), 10.3 MMT less....