• Latest
  • Trending
Russia Extends Export Duties on Sunflower Seeds and Sunflower Oil to Protect Domestic Market

Russia Extends Export Duties on Sunflower Seeds and Sunflower Oil to Protect Domestic Market

August 5, 2023
Closing the Gap: Boosting Local Shallot Production in Serang Regency to Meet Rising Demand

Closing the Gap: Boosting Local Shallot Production in Serang Regency to Meet Rising Demand

July 12, 2025
Nashik’s Onion Boom: Record 63% Surge in Summer Production – But Are Farmers Profiting?

Nashik’s Onion Boom: Record 63% Surge in Summer Production – But Are Farmers Profiting?

July 11, 2025
South Korea’s Onion Exports to Taiwan: A Strategic Move to Stabilize Prices and Supply

South Korea’s Onion Exports to Taiwan: A Strategic Move to Stabilize Prices and Supply

July 11, 2025
The 23rd Wolak Mountain Songgye Onion Festival: Celebrating Quality, Tradition, and Farmer Prosperity

The 23rd Wolak Mountain Songgye Onion Festival: Celebrating Quality, Tradition, and Farmer Prosperity

July 10, 2025
Russia’s Onion Market in 2025: Import Growth, Price Volatility, and Shifting Supply Dynamics

Russia’s Onion Market in 2025: Import Growth, Price Volatility, and Shifting Supply Dynamics

July 10, 2025
Empowering Farmers: How Yeongnam Vegetable Cooperative Aims to Stabilize Garlic and Onion Markets

Empowering Farmers: How Yeongnam Vegetable Cooperative Aims to Stabilize Garlic and Onion Markets

July 9, 2025
Onion Farming Revolution: How Mechanization Cuts Labor by 82% and Boosts Profitability

Onion Farming Revolution: How Mechanization Cuts Labor by 82% and Boosts Profitability

July 9, 2025
Processed Potato Market Boom: $62.2 Billion by 2032 – Trends, Challenges, and Opportunities for Agri-Professionals

Processed Potato Market Boom: $62.2 Billion by 2032 – Trends, Challenges, and Opportunities for Agri-Professionals

July 8, 2025
Iceberg Lettuce Market Update: Oversupply, Price Trends, and Seasonal Demand Shifts

Iceberg Lettuce Market Update: Oversupply, Price Trends, and Seasonal Demand Shifts

July 8, 2025
Spain’s Zucchini Trade Boom: Exports Up 46.6%, Imports Surge 79.8% – Key Insights for Agri-Professionals

Spain’s Zucchini Trade Boom: Exports Up 46.6%, Imports Surge 79.8% – Key Insights for Agri-Professionals

July 7, 2025
Excessive Pesticide Residues in Turkish Paprika: A Wake-Up Call for Global Agricultural Trade

Excessive Pesticide Residues in Turkish Paprika: A Wake-Up Call for Global Agricultural Trade

July 7, 2025
Onion Market Update Summer 2024: Price Declines, Seasonal Shifts, and Demand Trends

Onion Market Update Summer 2024: Price Declines, Seasonal Shifts, and Demand Trends

July 6, 2025
  • Company
Saturday, July 12, 2025
Vegetables News
  • NEWS
    Closing the Gap: Boosting Local Shallot Production in Serang Regency to Meet Rising Demand

    Closing the Gap: Boosting Local Shallot Production in Serang Regency to Meet Rising Demand

    Nashik’s Onion Boom: Record 63% Surge in Summer Production – But Are Farmers Profiting?

    Nashik’s Onion Boom: Record 63% Surge in Summer Production – But Are Farmers Profiting?

    South Korea’s Onion Exports to Taiwan: A Strategic Move to Stabilize Prices and Supply

    South Korea’s Onion Exports to Taiwan: A Strategic Move to Stabilize Prices and Supply

    The 23rd Wolak Mountain Songgye Onion Festival: Celebrating Quality, Tradition, and Farmer Prosperity

    The 23rd Wolak Mountain Songgye Onion Festival: Celebrating Quality, Tradition, and Farmer Prosperity

    Russia’s Onion Market in 2025: Import Growth, Price Volatility, and Shifting Supply Dynamics

    Russia’s Onion Market in 2025: Import Growth, Price Volatility, and Shifting Supply Dynamics

    Empowering Farmers: How Yeongnam Vegetable Cooperative Aims to Stabilize Garlic and Onion Markets

    Empowering Farmers: How Yeongnam Vegetable Cooperative Aims to Stabilize Garlic and Onion Markets

    Onion Farming Revolution: How Mechanization Cuts Labor by 82% and Boosts Profitability

    Onion Farming Revolution: How Mechanization Cuts Labor by 82% and Boosts Profitability

    Processed Potato Market Boom: $62.2 Billion by 2032 – Trends, Challenges, and Opportunities for Agri-Professionals

    Processed Potato Market Boom: $62.2 Billion by 2032 – Trends, Challenges, and Opportunities for Agri-Professionals

    Iceberg Lettuce Market Update: Oversupply, Price Trends, and Seasonal Demand Shifts

    Iceberg Lettuce Market Update: Oversupply, Price Trends, and Seasonal Demand Shifts

  • AGROTECHNOLOGY
    • All
    • Climate
    • Crop protection
    • digital (smart)
    • dron
    • Fertilizer
    • Research
    • weed
    The Future of Farming: How Agri-Tech is Revolutionizing Agriculture and Attracting a New Generation

    The Future of Farming: How Agri-Tech is Revolutionizing Agriculture and Attracting a New Generation

    Drones in Agriculture: Revolutionizing Crop Treatment or Just a High-Tech Stopgap?

    Drones in Agriculture: Revolutionizing Crop Treatment or Just a High-Tech Stopgap?

    KFU Scientists Develop Smart Algorithm for Autonomous Tractors to Reduce Soil Compaction and Boost Efficiency

    KFU Scientists Develop Smart Algorithm for Autonomous Tractors to Reduce Soil Compaction and Boost Efficiency

    Smart Garden” in the Arctic: How a Yakutian School is Pioneering Year-Round Farming in Extreme Conditions

    Smart Garden” in the Arctic: How a Yakutian School is Pioneering Year-Round Farming in Extreme Conditions

    EU Tariffs on Russian and Belarusian Fertilizers: A Threat to European Agriculture?

    EU Tariffs on Russian and Belarusian Fertilizers: A Threat to European Agriculture?

    Novgorod Farmers Overcome Extreme Weather to Exceed Spring Sowing Targets by 6%

    Novgorod Farmers Overcome Extreme Weather to Exceed Spring Sowing Targets by 6%

    Agricultural Drones in Leningrad Region: High Costs and Legal Barriers Slow Adoption Despite Benefits

    Agricultural Drones in Leningrad Region: High Costs and Legal Barriers Slow Adoption Despite Benefits

    Agricultural Insurance on the Rise: How Climate Risks Are Reshaping Farming in Russia and Tatarstan

    Agricultural Insurance on the Rise: How Climate Risks Are Reshaping Farming in Russia and Tatarstan

    Digital Twins in Agriculture: How Virtual Farm Modeling Boosts Efficiency and Sustainability

    Digital Twins in Agriculture: How Virtual Farm Modeling Boosts Efficiency and Sustainability

  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING
No Result
View All Result
  • NEWS
    Closing the Gap: Boosting Local Shallot Production in Serang Regency to Meet Rising Demand

    Closing the Gap: Boosting Local Shallot Production in Serang Regency to Meet Rising Demand

    Nashik’s Onion Boom: Record 63% Surge in Summer Production – But Are Farmers Profiting?

    Nashik’s Onion Boom: Record 63% Surge in Summer Production – But Are Farmers Profiting?

    South Korea’s Onion Exports to Taiwan: A Strategic Move to Stabilize Prices and Supply

    South Korea’s Onion Exports to Taiwan: A Strategic Move to Stabilize Prices and Supply

    The 23rd Wolak Mountain Songgye Onion Festival: Celebrating Quality, Tradition, and Farmer Prosperity

    The 23rd Wolak Mountain Songgye Onion Festival: Celebrating Quality, Tradition, and Farmer Prosperity

    Russia’s Onion Market in 2025: Import Growth, Price Volatility, and Shifting Supply Dynamics

    Russia’s Onion Market in 2025: Import Growth, Price Volatility, and Shifting Supply Dynamics

    Empowering Farmers: How Yeongnam Vegetable Cooperative Aims to Stabilize Garlic and Onion Markets

    Empowering Farmers: How Yeongnam Vegetable Cooperative Aims to Stabilize Garlic and Onion Markets

    Onion Farming Revolution: How Mechanization Cuts Labor by 82% and Boosts Profitability

    Onion Farming Revolution: How Mechanization Cuts Labor by 82% and Boosts Profitability

    Processed Potato Market Boom: $62.2 Billion by 2032 – Trends, Challenges, and Opportunities for Agri-Professionals

    Processed Potato Market Boom: $62.2 Billion by 2032 – Trends, Challenges, and Opportunities for Agri-Professionals

    Iceberg Lettuce Market Update: Oversupply, Price Trends, and Seasonal Demand Shifts

    Iceberg Lettuce Market Update: Oversupply, Price Trends, and Seasonal Demand Shifts

  • AGROTECHNOLOGY
    • All
    • Climate
    • Crop protection
    • digital (smart)
    • dron
    • Fertilizer
    • Research
    • weed
    The Future of Farming: How Agri-Tech is Revolutionizing Agriculture and Attracting a New Generation

    The Future of Farming: How Agri-Tech is Revolutionizing Agriculture and Attracting a New Generation

    Drones in Agriculture: Revolutionizing Crop Treatment or Just a High-Tech Stopgap?

    Drones in Agriculture: Revolutionizing Crop Treatment or Just a High-Tech Stopgap?

    KFU Scientists Develop Smart Algorithm for Autonomous Tractors to Reduce Soil Compaction and Boost Efficiency

    KFU Scientists Develop Smart Algorithm for Autonomous Tractors to Reduce Soil Compaction and Boost Efficiency

    Smart Garden” in the Arctic: How a Yakutian School is Pioneering Year-Round Farming in Extreme Conditions

    Smart Garden” in the Arctic: How a Yakutian School is Pioneering Year-Round Farming in Extreme Conditions

    EU Tariffs on Russian and Belarusian Fertilizers: A Threat to European Agriculture?

    EU Tariffs on Russian and Belarusian Fertilizers: A Threat to European Agriculture?

    Novgorod Farmers Overcome Extreme Weather to Exceed Spring Sowing Targets by 6%

    Novgorod Farmers Overcome Extreme Weather to Exceed Spring Sowing Targets by 6%

    Agricultural Drones in Leningrad Region: High Costs and Legal Barriers Slow Adoption Despite Benefits

    Agricultural Drones in Leningrad Region: High Costs and Legal Barriers Slow Adoption Despite Benefits

    Agricultural Insurance on the Rise: How Climate Risks Are Reshaping Farming in Russia and Tatarstan

    Agricultural Insurance on the Rise: How Climate Risks Are Reshaping Farming in Russia and Tatarstan

    Digital Twins in Agriculture: How Virtual Farm Modeling Boosts Efficiency and Sustainability

    Digital Twins in Agriculture: How Virtual Farm Modeling Boosts Efficiency and Sustainability

  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING
No Result
View All Result
Vegetables News
Home AGROTECHNOLOGY

Russia Extends Export Duties on Sunflower Seeds and Sunflower Oil to Protect Domestic Market

by Tatyana Ivanovich
August 5, 2023
in AGROTECHNOLOGY
0
Russia Extends Export Duties on Sunflower Seeds and Sunflower Oil to Protect Domestic Market

#Russia #agriculture #exportduties #sunflowerseeds #sunfloweroil #rapeseed #foodsecurity #domesticmarket #agriculturalsector #internationaltrade

Russia has announced the extension of export duties on sunflower seeds, floating duties on sunflower oil, and restrictions on rapeseed exports. The measures, which were set to expire on August 31, aim to safeguard the country’s internal market. The decision comes from the subcommittee on customs and tariff regulation, a protective measure within the economic development and integration commission.

In an effort to shield its domestic market, Russia has taken steps to regulate the export of oilseeds and their processed products. These measures, originally implemented to address market conditions and economic considerations, will now be extended beyond their initial expiry date of August 31.

Export Duties on Sunflower Seeds and Rapeseed Ban: The export duty on sunflower seeds will remain in effect at 50% but not less than $320 per ton until August 31, 2024. Additionally, the ban on rapeseed exports will continue until February 29, 2024.

Floating Duties on Sunflower Oil and Sunflower Meal: The extension will also apply to floating duties on the export of sunflower oil and sunflower meal. Sunflower meal, used as animal feed, will see a revision in its base export price. The recalculated price will be increased by 2,000 rubles per ton, compared to the previous value of 6,577.7 rubles per ton as of March 1.

The decision to maintain these measures reflects the Russian government’s commitment to supporting its agricultural sector and ensuring a stable supply of vital commodities for its citizens.

Impact on International Trade: The extension of export duties and restrictions will likely have implications on international trade dynamics. It could reduce the supply of sunflower seeds and sunflower oil in the global market, potentially affecting prices and trade relationships with other countries.

Protection of Domestic Market: By regulating the export of sunflower seeds and its products, Russia aims to ensure a sufficient supply within its borders. This move can protect local producers from international competition and maintain stability in the domestic market.

Effects on Food and Feed Industries: The restrictions on sunflower oil and sunflower meal exports may impact the food and animal feed industries in importing countries. Businesses reliant on these products may need to find alternative sources or pay higher prices, potentially affecting food and livestock prices.

Agricultural Sector Stability: The extension of export duties and bans can provide stability to Russia’s agricultural sector by offering predictable conditions for producers and businesses involved in sunflower cultivation and processing.

Government Revenue: The export duties on sunflower seeds and oil can also contribute to government revenue, generating funds that can be reinvested in the country’s agricultural development and other sectors.

Russia’s decision to extend export duties on sunflower seeds, sunflower oil, and sunflower meal, along with the ban on rapeseed exports, reflects its commitment to safeguarding the domestic market and supporting the agricultural sector. While it may have consequences on international trade and certain industries, the move aims to provide stability and protection to its internal market.

Tags: agricultural sectorAgriculturedomestic marketexportdutiesfood securityinternational traderape seedRussiasun flower oilsunflower seeds
Previous Post

Optimizing Sugar Beet Processing at Aksu Sugar Factory: Boosting Agriculture Development in Kazakhstan

Next Post

Russian Sunflower Oil Exports Set to Reach Record High in 2023

Next Post
Russian Sunflower Oil Exports Set to Reach Record High in 2023

Russian Sunflower Oil Exports Set to Reach Record High in 2023

  • Home
  • Privacy Policy
  • Privacy Policy of vegetables.news app

© 2020-2024 VEGETABLES NEWS

No Result
View All Result
  • NEWS
  • AGROTECHNOLOGY
  • IRRIGATION
  • SEED PRODUCTION
    • Vegetables
    • Fruit
  • PROCESSING

© 2020-2024 VEGETABLES NEWS