Soybean will be the only major crop to grow in production
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Soybean is the only grain and oilseed crop whose harvest will increase by the end of the 2023/24 season. Such a forecast is contained in the presentation of the Institute for Agricultural Market Studies (IKAR) “Cattle Feed Base” dated May 31, which is at the disposal of Vedomosti. It says that the soybean harvest for the specified period will increase from 5.99 million to 6.2 million tons.
IKAR believes that a new record will be achieved due to the growth of sown areas for this type of crop. The Ministry of Agriculture at the end of last year predicted that in 2023 the area under soybeans would grow by 2.6% to 3.5 million hectares. At the beginning of June, 3.2 million hectares were sown with it.
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