Russian farming thrives despite COVID-19 and drought
Friday, August 21, 2020
Significance
Retail supply chains have proved more robust than expected. Climate change is not central to thinking on agriculture yet but drought, flooding or both are becoming regular occurrences.
Impacts
- The government is allowing sales of grain from its 'intervention reserves' at below purchase price levels to make space for the new crop.
- Greenhouse vegetable production is expected to rise by at least 14% in 2020.
- Chinese imports now account for 45% of Russia's sales of poultry abroad and will rise.
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