Browse Data and Analysis

Executive Summary Global fertilizer prices are at near record levels and may remain elevated throughout 2022 and beyond. Fertilizer prices account for nearly one-fifth of U.S. farm cash costs, with an even greater share for corn and wheat producers...

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.

Russian invasion of Ukraine is expected to significantly affect Thai agriculture. Agricultural production costs are expected to increase 7-13 percent in livestock production and 10-17 percent in field crops due to the surge in prices of feed-quality grains and fertilizers.

Black Sea regional producers Ukraine and Russia are significant suppliers to India of nitrogen and potassic fertilizers utilized in agricultural production. FAS New Delhi sources indicate that a short supply of potassic fertilizers is unlikely to affect agricultural production prospects in the upcoming crop year in the major food grain belt of northwest India and the Indo Gangetic plains.

Since initiating the hostilities, Vladimir Putin’s Russian Federation’s war of aggression against neighboring Ukraine has led to volatility in different sectors of the global economy. For India and the region, trade is disrupted in the grains, oilseeds, fertilizer, and energy sectors.

FAS/Moscow forecasts Russia’s 2016 production of three major crops (sunflowerseed, soybeans, and rapeseed) at 13.25 million metric tons (MMT), a 4 percent increase from last year.

Key events of the first year since the launch of the Eurasian Economic Union (EAEU) included its expansion to welcome two new members, Armenia and Kyrgyzstan, a free trade agreement with Vietnam...

Russia’s Grain Stocks Reach 31 Million Metric Tons . . . New Federal Agricultural Subsidy Distribution Orders . . . EAEU Members Forecast Development of Russia’s Agricultural Sector for 2016-2017 . .

In 2016 beef production is forecast to decline 3.3 percent to 3.310 MMT CWE as cattle inventories decrease 1.6 percent due to stagnation of the Russian dairies which supply most cattle for slaughter.

Current annual production is estimated at 160,000 MT, or three to four percent of total fish and seafood production in Russia.

Russian Ministry of Agriculture Discusses Cooperation with Hungarian AgroHoldings . . . Russian Ministry of Agriculture Ready to Continue Cooperation with Austria . . .