Russia to bring 6 Ml ha of arable land into agriculture by 2024

Russia’s Ag Ministry affirms the commitment to step up oilseed production to 29.3 MMT by 2024. The official forecast for this year’s total oilseed crop is 21.5 MMT (22.8 MMT in 2019), UkrAgroConsult reports.

It is planned to increase the crop by the following ways: optimization and improvement of growing practices and development of formerly uncultivated.

According to the Russian Ag Ministry’s estimate, 9.6 Ml ha of arable land suitable for bringing into agriculture was available in Russia as of January 1, 2020. It is planned to develop 6 Ml ha by 2024, raising production of grains and oilseeds by 9.2 MMT and 1.8 MMT, respectively.

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