[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 4 sources · 27 days · First seen · Last updated

Russian agricultural development and food security

Overview

Russia is pursuing a strategy to enhance food security and economic power through significant investments in agricultural biotechnology and genomics. Efforts such as the development of the PUSK platform at Timiryazev University aim to accelerate the release of new seed varieties with traits like drought resistance and high yield.

Despite these long-term technological investments, the agricultural sector is facing immediate structural shifts and supply shortages. Cultivation is moving toward rapeseed due to high profitability, leading to a 900,000-hectare increase in area, while cereal and legume production has declined.

Concurrently, the country is facing a projected one-million-tonne deficit in potato production caused by declining yields and reduced cultivation areas. This shortage, alongside rising costs for other essential vegetables like cabbage and onions, is driving significant retail price increases and may necessitate imports from Mongolia and China.

Entities

Vladimir Putin · Mongolia

Timeline

  1. about 6 hours ago

    [BUSINESS] 2 sources
    Russian agriculture shifts toward rapeseed amid potato shortages

    Russian farmers are shifting toward rapeseed cultivation for higher profits, while a projected one-million-tonne potato deficit is forcing the country to prepare for early imports from China and Mongolia.

  2. 27 days ago

    [BUSINESS] 2 sources
    Russia invests in agricultural genomics to boost food security

    Russia is investing heavily in agricultural genomics and seed technology to secure food sovereignty and establish itself as a global agricultural superpower by 2030.

Sources

agrobiznes.ro · fr.businessam.be · iskra.gr · mediaweb.co.za