Leu AGRO Group Holding

LEU-AGRO News Update on Russian Agriculture, Total Grain-Output Numbers, 173.1 million ton of All Crops as of March 4, 2024 for the 2023 Crop !!!    Total / Cereals - Legumin - Oil Crop  173.117             Cereals All:               138.9 million tons   Wheat           92.826 Barley           21.146 Rye                1.712 Triticale              280 Corn Grain     16.624 Oats               3.304 Rice                1.066 Buckwheat      1.475 Millet                  450   Legume Crops All:     5.9 million tons   Oil Seed Crops All     28.3  million tons   Sunflower       17.253 Soybean           6.824 Rapeseed        4.203   #leuagro #volgabaikalagro #russia #farmland #agriculturerussia #blackearth #agribusiness #farmingrussia #investors #investing #agroinvestment #harvest #agriculture #grain #wheat #corn #soybean #sunflower #export #sales #marketing #trade #durum #climatchange #environment #foodsecurity #economics #investments #grain #farming

LEU-AGRO News Update on Russian Agriculture, Customs Duties on Grains, Grain Prices and Export and Shipment Information as of March 4, 2024 !!!   Review of the Russian Grain Market as of March 4, 2024:   Customs duties from March 6, 2024: Wheat and meslin will decrease to   3575.4 rubles /t (- 225.2 rub) Barley will rise to                                587.8 rubles /t  (+ 16.8 rub) Corn will decrease to                         885.2 rubles /t  (+ 56.3 rub)   The Russian wheat index , CPT Novorossiysk, dropped to 12’960 rubles/t ( + 0.02 %).   Wheat – increased to            $ 238.80 /t (- 0.71 %); Barley - decreased to           $ 181.10 /t (- 0.11 %); Corn – increased to              $ 182.30 /t (- 1.83 %);   Domestic Russian purchase prices in rubel for class 4 wheat, protein 12.5%, at port elevators of the Black and Azov Seas for the reporting period:   Azov –                       11'600 rub./t Novorossiysk –         14'000 rub./t Rostov-on-Don –      11’600 rub./t Taganrog –                11’200 rub./t Taman –                    14’000 rub./t   Domestic Grain News:   Rosstat clarified data on the agricultural harvest in the Russian Federation for 2023. Gross harvest of grain and leguminous crops amounted to 144.9 million tons, 2.3 million more than the figure published a month earlier, and also 8.1% less than the gross harvest in 2022. The correction mainly affected the corn harvest. Its estimate increased from 14.4 million to 16.6 million tons.   Prices for class III wheat in Siberia reached 15-15.5 thousand rubles per ton (including VAT), which is 2 thousand rubles higher than its average price in the European part of Russia. This is due to low supply on the Siberian market, crop failure in Kazakhstan. In 2023, the grain harvest in Siberia, due to an abnormally dry summer, amounted to 14.25 million tons (almost 4 million tons below the 2022 figure).   Russian government banned the export of gasoline from March 1 to August 31, increased standards for the sale of diesel fuel at exchange trading to 16% to maintain stable situation in the fuel market during periods of increased demand associated with spring field work.   Additional grain export quota of 4 million tons will be distributed within 2-3 weeks. Ministry of Agriculture took the initiative to introduce an additional quota for grain exports this year in the amount of 4 million tons to the quota of 24 million tons already in force since February 15.   Based on the results of bidding on the NTB from 12/11/2023 to 03/01/2024, 788.8 thousand tons of grain worth 11,207.7 million rubles were purchased into the state intervention fund.   #leuagro #volgabaikalagro #russia #farmland #agriculturerussia #blackearth #agribusiness #farmingrussia #investors #investing #agroinvestment #harvest #agriculture #grain #wheat #corn #soybean #sunflower #export #sales #marketing #trade #durum #climatchange #environment #foodsecurity #economics #investments #grain #farming

Leu-AGRO News Update on Russia Agriculture !!! Russia's logistics capabilities allow to export 7 million tons of grain per month, writes IAA "PortNews" with reference to the President of the Russian Grain Union Arkady Zlochevsky. According to him, this indicator is influenced by weather conditions and preventive repair work on infrastructure. According to the head of the union, Russia needs to increase grain export quotas in order to export about 70 million tons per year due to the expected production profit. 135-145 million tons of grain is expected to be collected in 2024 (in 2023 2024 142 million tons excluding new territories). "The logistics infrastructure allows us to safely maintain the export of 70 million tons of grain a year, but the access to this indicator depends on demand," - Zlochevsky said. He clarified that prices on the world market are falling and Russian grain often loses a competitive battle with other exporters.

Leu-AGRO News Update on Russia Agriculture Grain Export Shipment !!! https://lnkd.in/dm5RyCXM

LEU-AGRO News Update on Russian Agriculture !!!   The Ministry of Agriculture of the Russian Federation proposed increasing the grain export quota in 2024 to 28 million tons, the initial approved quota volume was 24 million tons.   According to the draft government resolution posted on the website regulation.gov.ru, the department proposes to introduce for 2024 (until June 30) a separate and additional quota for the export outside the EAEU of wheat and meslin, rye, barley and corn in the amount of 4 million tons.   However, as the Ministry of Agriculture previously reported, this year a reduction factor will not be applied when distributing the main part of the quota; this mechanism will begin to operate in 2025.   Thus, the size of the additional part of the tariff quota this year will be formed from two parts: 10% of its total volume and the volume that will be formed as a result of voluntary waivers of the allocated quota sizes in April 2024.   The Russian Federation began to impose quotas on grain exports in 2020. The restrictions were introduced from April 1 to June 30 and amounted to 7 million tons. From February 15 to June 30, 2021, a new quota was in force, its volume amounted to 17.5 million tons. At the end of 2021, the government decided that the quota would be annual, valid from February 15 to June 30.   In 2022, its size was 11 million tons, including 8 million tons of wheat. In 2023 - 25.5 million tons without division into types of grain. The quota for 2024 also does not provide for the specific division of grain.   According to the forecast of the Ministry of Agriculture, grain exports from the Russian Federation in this agricultural year (July 2023 - June 2024) may exceed 65 million tons. Last agricultural year, exports amounted to 60 million tons, including 47 million tons of wheat.   #leuagro #volgabaikalagro #russia #farmland #agriculturerussia #blackearth #agribusiness #farmingrussia #investors #investing #agroinvestment #harvest #agriculture #grain #wheat #corn #soybean #sunflower #export #sales #marketing #trade #durum #climatchange #environment #foodsecurity #economics #investments #grain #farming

LEU-AGRO News Update on Russian Agriculture, Customs Duties on Grains, Grain Prices and Export and Shipment Information as of February 14, 2024 !!!   Review of the Russian Grain Market as of February 14, 2024:   Customs duties from February 14, 2024: Wheat and meslin will decrease to   4058.9 rubles /t  (+ 254.3 rub) Barley will rise to                                219.5 rubles /t   (- 607.5 rub) Corn will decrease to                        2278.7 rubles /t   (+ 938.9 rub)   The Russian wheat index , CPT Novorossiysk, dropped to 13’275 rubles/t ( - 3.76 %).   Wheat – increased to             $251.20 /t  (+/- 0.04 %); Barley - decreased to            $193.10 /t  (+ 2.93 %); Corn – increased to               $212.00 /t  (+ 7.45 %);   Domestic Russian purchase prices in rubel for class 4 wheat, protein 12.5%, at port elevators of the Black and Azov Seas for the reporting period:   Azov –                        11’800            ( - 300) rub./t Novorossiysk –          13’600            ( - 200) rub./t Rostov-on-Don –       12’000            ( - 200) rub./t Taganrog –                 11’400            ( - 300) rub./t Taman –                     13’400            ( - 300) rub./t   Domestic Grain News:   The Ministry of Agriculture of the Russian Federation distributed the bulk of the quota (90%) for grain exports (wheat and meslin, corn, barley) in 2024 among 261 companies. The quota will begin to operate on February 15.   In January 2024, Russia exported 5.3 million tons of grain compared to 4.5 million tons in January last year, according to the monitoring of the Russian Grain Union. Wheat exports also amounted to 4 million tons, which is 200 thousand tons more than in January last year. Total Export forecast for Wheat at 51 million tons.   An agreement between Russia, Qatar and Turkey on the supply of 1 million tons of grain to countries in need is being worked out, the Russian Foreign Ministry said.   In 2024, the total cultivated area will be increased by 300 thousand hectares. The target is 84.5 million hectares, of which 20 million hectares are winter crops, reports the Ministry of Agriculture of the Russian Federation . Farmers in the South and North Caucasus can begin sowing as early as mid-February.     Based on the results of trading on the NTB from 12/11/2023 to 02/09/2024, the state intervention fund purchased 633.6 thousand tons of grain worth more than 9 billion rubles.   #leuagro #volgabaikalagro #russia #farmland #agriculturerussia #blackearth #agribusiness #farmingrussia #investors #investing #agroinvestment #harvest #agriculture #grain #wheat #corn #soybean #sunflower #export #sales #marketing #trade #durum #climatchange #environment #foodsecurity #economics #investments #grain #farming

LEU-AGRO News Update on Russian Agriculture, Customs Duties on Grains, Grain Prices and Export and Shipment Information as of February 7, 2024 !!!   Review of the grain market as of February 7, 2024:   Customs duties from January 30, 2024: Wheat and meslin will decrease to   3804.6 rubles /t  (+ 174.4 rub) Barley will rise to                                827.0 rubles /t   (+ 315.0 rub) Corn will decrease to                        1339.8 rubles /t   (+ 413.8 rub)   The Russian wheat index , CPT Novorossiysk, dropped to 13’793 rubles/t (-1.56 %).   Wheat – increased to             $251.20 /t  (+/- 0.04 %); Barley - decreased to            $193.10 /t  (+ 2.93 %); Corn – increased to               $212.00 /t  (+ 7.45 %);   Domestic Russian purchase prices for class 4 wheat, protein 12.5%, at port elevators of the Black and Azov Seas for the reporting period:   Azov –                        12’100 ( - 300) rub./t Novorossiysk –          13’800 ( - 300) rub./t Rostov-on-Don –       12’200 ( - 200) rub./t Taganrog –                 11’700 ( - 300) rub./t Taman –                     13’700 ( - 200) rub./t   Domestic Grain News:   Russia is introducing temporary restrictions on the import of seeds from unfriendly countries. The restrictions will take effect from February 12, 2024 and will last until December 31, 2024. They will affect potato seeds, wheat, rye, barley, corn, soybeans, sunflowers and sugar beets.   In 2024, the total cultivated area will be increased by 300 thousand hectares. The target is 84.5 million hectares, of which 20 million hectares are winter crops, reports the Ministry of Agriculture of the Russian Federation . Farmers in the South and North Caucasus can begin sowing as early as mid-February.   World coarse grain production and total cereal production in 2023-2024. reached a record level, according to the FAO report. The FAO Cereal Price Index fell 2.2% from the previous month.   In 2023, the growth in production of Russian agricultural machinery in monetary terms slowed down by almost half, and the growth in sales on the domestic market by 7.5 times follows from data from Rosspetsmash.   Pakistani authorities have decided to ban wheat imports due to sufficient grain reserves and stable flour prices. Pakistan is one of the top five importers of wheat from Russia.   Customs duties will increase again from February 7, 2024 on all grains.   Based on the results of bidding on the NTB from 12/11/2023 to 02/02/2024, 578.9 thousand tons of grain worth 8234 million rubles were purchased into the state intervention fund.   #leuagro #volgabaikalagro #russia #farmland #agriculturerussia #blackearth #agribusiness #farmingrussia #investors #investing #agroinvestment #harvest #agriculture #grain #wheat #corn #soybean #sunflower #export #sales #marketing #trade #durum #climatchange #environment #foodsecurity #economics #investments #grain #farming

LEU-AGRO News Update on Russian Agriculture, Customs Duties on Grains, Grain Prices and Export and Shipment Information as of January 30, 2024 !!!   Review of the grain market as of January 30, 2024:   Customs duties from January 30, 2024: Wheat and meslin will decrease to   3630.2 rubles/t  ( + 41.7 ) Barley will rise to                                 512.0 rubles/t  ( + 342.8 ) Corn will decrease to                           926.0 rubles/t  ( + 281.8 )   The Russian wheat index , CPT Novorossiysk, dropped to 14,011 rubles/t (-1.56 %).   Wheat – increased to            $251.10/t  (+/- 0.00 %); Barley - decreased to            $187.60/t  (- 1.00 %); Corn – increased to              $197.30/t  (+1.60%);   Domestic Russian purchase prices for class 4 wheat, protein 12.5%, at port elevators of the Black and Azov Seas for the reporting period:   Azov –                        12’400 (+/- 0) rub./t Novorossiysk –          14’100 (+/- 0) rub./t Rostov-on-Don –       12’400 (+/- 0) rub./t Taganrog –                 12’000 (+/- 0) rub./t Taman –                     13’900 (+/- 0) rub./t   In 2023, the second grain harvest in the history of the country was obtained - according to preliminary data, this is about 143 million tons, and with new regions - approximately 147 million tons, said the head of the Ministry of Agriculture Russia.   Reserves of grain and legumes in agricultural organizations as of January 1, 2024 amounted to 34.7 million tons, which is 1.7% less than a year earlier. This included 21.8 million tons of wheat (1.6% less) and 3.7 million tons of corn (almost 2% more).   Early preliminary forecast for Russian wheat production in 2024 are at around 92.0 million tons. The estimate was revised due to favorable weather conditions for the development of winter crops.   Changes in ship routes due to the situation in the Red Sea have led to a 40% year-on-year decline in wheat supplies through the Suez Canal, the WTO said. In December 2023, wheat supplies from Russia were delivered via alternative routes.   Customs duties will increase from January 31, 2024 on all grains.   Based on the results of trading at the NTB from December 11, 2023 to January 26, 2024, 494.8 thousand tons of grain were purchased to the state intervention fund in the amount of 7047.2 million rubles.   #leuagro #volgabaikalagro #russia #farmland #agriculturerussia #blackearth #agribusiness #farmingrussia #investors #investing #agroinvestment #harvest #agriculture #grain #wheat #corn #soybean #sunflower #export #sales #marketing #trade #durum #climatchange #environment #foodsecurity #economics #investments #grain #farming

LEU-AGRO News Update on Russian Agriculture, area of winter crops for the 2024 harvest amounted to 20 million hectares. !!!   Minister of Agriculture Dmitry Patrushev at a meeting of the operational headquarters of the Russian Ministry of Agriculture noted that in 2023, all sub-sectors showed good results.   The area of winter crops for the 2024 harvest amounted to 20 million hectares, which is 1 million hectares more than last year. Before going into winter, 96% of the crops were in good and satisfactory condition, which is the same as last year.   The second biggest grain harvest in the country's history was obtained - according to preliminary data, it is about 143 million tons, and with the shape of the winter wheat we can expect with the existing favorable condition good results for the harvest 2024.   According to the Minister, production indicators allowed Russia to reaffirm its status as a net exporter of agricultural products. Revenue from supplies to foreign markets in 2023 exceeded $45 billion for the first time, and based on the results of data calculations, this figure will be even higher.   In January, farmers already purchased about 200 thousand tons of fertilizers, this corresponds to the level of last year. In addition, the preparation of equipment, plant protection products, fuel and seed material continue.   In the country as a whole, farmers are already provided with more than 90% of grain seeds. The minister noted that the regions need to control the preparation of seeds and other crops - sunflower, corn, sugar beets, and vegetables. When forming a sowing plan in the regions, special emphasis should be placed on the use of domestic selection products.   #leuagro #volgabaikalagro #russia #farmland #agriculturerussia #blackearth #agribusiness #farmingrussia #investors #investing #agroinvestment #harvest #agriculture #grain #wheat #corn #soybean #sunflower #export #sales #marketing #trade #durum #climatchange #environment #foodsecurity #economics #investments #grain #farming

LEU-AGRO News Update on Russian Agriculture, Customs Duties on Grains, Grain Prices and Export and Shipment Information as of January 22, 2024 !!!   Review of the grain market as of January 22, 2024:   Customs duties from January 24, 2024: Wheat and meslin will decrease to   3588.5 rubles/t (-358.0 / -9.07%); Barley will rise to                                 169.2 rubles/t (+169.2 / -----); Corn will decrease to                           644.2 rubles/t (-328.9 / -33.80%).   The Russian wheat index , CPT Novorossiysk, dropped to 14,233 rubles/t (+0.13%).   Wheat – increased to            $251.30/t (+0.20%); Barley - decreased to            $189.50/t (+9.54%); Corn – increased to              $194.20/t (+1.68%);   Domestic Russian purchase prices for class 4 wheat, protein 12.5%, at port elevators of the Black and Azov Seas for the reporting period:   Azov –                        12’400 (+/- 0) rub./t Novorossiysk –          14’100 (+/- 0) rub./t Rostov-on-Don –       12’400 (+/- 0) rub./t Taganrog –                 12’000 (+/- 0) rub./t Taman –                     13’900 (+/- 0) rub./t   Russian Railways transported a record volume of grain in 2023. 32.8 million tons were loaded, which is 37% more than in 2022. Export transportation of grain increased almost 1.7 times - to 23.6 million tons, domestic transportation amounted to 9.1 million tons of grain.   The provision of grain seeds to farmers is 92.6%, reports the Ministry of Agriculture of the Russian Federation . According to the department, agricultural producers are refocusing on the achievements of domestic selection.   Sudden weather changes did not affect winter crops, according to the Hydrometeorological Center. In January, the shape of the Winter Wheat Crop will proceed satisfactorily. This season, winter crops entered the winter in much better condition than in the past - the share of non-emergent and thinned crops was less than 4% (usually about 8%)   The share of Russian wheat in Egyptian GASC tenders in the first half of the 2023/2024 season was 66% versus 62% a year ago, Rusagrotrans reports. This season, GASC purchased 2.9 million tons of wheat from Russia.   Customs duties on wheat and corn will be reduced from January 24, 2024. The duty on barley will cease to be zero for the first time since October 2023.   Based on the results of bidding on the NTB from December 11, 2023 to January 19, 2024, 408.8 thousand tons of grain were purchased to the state intervention fund in the amount of 5,775.1 million rubles.   #leuagro #volgabaikalagro #russia #farmland #agriculturerussia #blackearth #agribusiness #farmingrussia #investors #investing #agroinvestment #harvest #agriculture #grain #wheat #corn #soybean #sunflower #export #sales #marketing #trade #durum #climatchange #environment #foodsecurity #economics #investments #grain #farming