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Volga Baikal AGRO NEWS Update on the Mineral Fertilizers Purchase !!!
According to the forecast of the Ministry of Agriculture, this year the farmers of the Russian Federation will purchase 5 million tons of mineral fertilizers, which is 500 thousand tons more than in 2021.
By the beginning of June, Russian farmers purchased 3.4 million tons of mineral fertilizers (in terms of 100% nutrients), increasing purchases by 12% compared to the same period last year. This was reported by the Russian Association of Fertilizer Producers (RAPU).
For 5 months, Russian manufacturers have provided more than 70% of the forecast needs of the agro-industrial complex for mineral fertilizers for the whole of 2022.
At the same time, during the spring sowing campaign, Russian agricultural producers refused more than 10% of mineral fertilizers ordered earlier.
“Immediately on the eve of field work, some farmers were forced to redirect funds intended for providing mineral nutrition to prepayment for other technology elements: plant protection products (PPP), equipment. Mineral fertilizer producers, in turn, did not change the sales system, which is based on advance order of products directly from the manufacturer,” said the head of the RAPU Maxim Kuznetsov, whose words are quoted in a press release.
