Trade4go Summary
Russia's agricultural plan for 2024-2025 aims to increase the sown area for oilseed crops from 22% to 23.5%, with soybeans and rapeseed seeing a projected increase in cultivation. The total agricultural crop area is expected to grow from 4.3 to 4.4 million hectares, particularly in the Far East. The harvest projections for sunflower, soybeans, and rapeseed have also been adjusted upwards for 2025, with the most significant increases seen in certain regions like Omsk, Novosibirsk, and Altai Krai. The profitability of sunflower, soybean, and rapeseed cultivation is anticipated to reach over 60%, 35%, and 30% respectively by the end of the current season.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Soybean and rapeseed crops will grow The share of oilseed crops in the total sown area in Russia in 2024 was 22%, including sunflower occupied 12.2%, soybeans - 5.3%, rapeseed - 3.5%, the analytical center of the Ruseed company reported. In 2025, the share of the main oilseeds is projected to increase to 23.5%, the share of soybeans will increase to 5.5%, rapeseed - to 3.6%, sunflower - will decrease to 12%. At the same time, the sunflower harvest in 2025 may amount to 18.5 million tons against 14.9 million tons in 2024, experts believe. Based on the results of last year, the crop harvest increased the most in Altai Krai (+394 thousand tons), Orenburg Region (+361.2 thousand tons), Tatarstan (+137.6 thousand tons), Volgograd (+87.1 thousand tons) and Samara (+73.5 thousand tons) regions. Analysts also expect an increase in the gross soybean harvest to 7.7 million tons; in 2024, it amounted to 6.7 million tons. Agricultural crops may expand from 4.3 to 4.4 million hectares. In the ...