MAIN HIGHLIGHTS IN THE AIC OVER THE WEEKEND

Russian farmers may be required to sell their products on auction due to growing export duties on major grain crops, with wheat and meslin seeing the highest increase from April 2. There is an expectation of falling prices for red caviar. Last year, Russian raw beef and turkey were the most popular meats. The International Grain Council forecasts a decline in global flour trade in the current agricultural year, but expects stability by 2025/26.

Russian farmers may be forced to sell their products on the exchange. The authorities have determined a preliminary list of such goods and the conditions for their sale at auctions. From April 2, export duties on major grain crops will continue to grow in Russia. The largest increase will be for wheat and meslin. VARPE expects a further fall in prices for red caviar. They named an important prerequisite for this, but also noted a factor that could hinder this. Last year, Russian raw beef was the most actively sold among other types of meat in this category, and turkey was in second place. But the reasons for the high demand ...