Volga Baikal AGRO News Update on the Export of Fertilizers from Russia !!!
The government has introduced quotas for the export of nitrogen and complex nitrogen-containing fertilizers from December 1, 2021 up to May 31, 2022 inclusive.
For nitrogen fertilizers, the quotas are set at the volume not more than 5.9 million tons, for complex fertilizers – not more than 5.35 million tons.
But they say export quotas for fertilizers will not lead to a decrease in exports of products from the Russian Federation.
“We do not think that quotas for the export of mineral fertilizers will lead to the loss of the positions achieved in foreign markets. In the face of a decrease in supply from other fertilizer producers, accompanied by a rush of demand from agricultural powers, Russia will not only maintain, but also has every chance to strengthen its competitive position,” said Eduard Zernin, Chairman of the Board of the Grain Exporters Union.
He added that Russia is expanding its presence in the markets of the Middle East and North Africa, despite the current export restrictions. In his opinion, the introduction of quotas for the export of mineral fertilizers is positive news for the Russian agricultural industry.
“The government’s decision will allow domestic farmers to clearly plan and carry out spring field work on time, including sowing spring crops, and prevent disruptions that occurred during winter sowing”,
– Zernin noted. According to him, the introduction of nitrogen-containing fertilizers in proper volumes during spring field work will help farmers to preserve the yield of key crops of Russian agriculture and improve the quality of products.
“Oilseeds are very responsive to the application of mineral fertilizers – with a decrease, there is a significant drop in yield. Therefore, stimulating an increase in fertilizer application will support high yields of socially important oilseeds, especially sunflower,”
– concluded the Director of the Fat and Oil Union of Russia Mikhail Maltsev.