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RUSSIA
Russian Prime Minister Mikhail Mishustin approved the Resolution on the extension of the agreement on the stabilization of prices for granulated sugar until June 1, 2021, for sunflower oil - until October 1, 2021, the press service of the Government reports.
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Farmers in the Kursk region plan to increase the sugar beet sowing acreage by 7% compared to 2020 season, thus the total sugar beet acreage is anticipated to reach 92 thousand hectares.
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In 2021, sugar beet crops will grow in the Oryol region at 47.5 thousand hectares (+2.3 thousand hectares from previous year of 2020), said the head of the Department of Agriculture of the region, Alexander Shalimov.
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The Ministry of Agriculture of the Russian Federation has prepared a draft resolution on the provision of subsidies to sugar producers. Subsidies for white sugar producers will be provided at the rate of 5 rubles per 1 kg of sugar produced and supplied to retail trade enterprises of their own production at a price not exceeding 36 rubles per 1 kg. The deadline for granting subsidies is from April 1, 2021 to September 30, 2021.
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On March 29, 2021, 5 sugar contracts were sold at NTB and BSP. The total volume of sales has made 680 MT at the average price of RUR 45200/MT (US$596,64/MT at the exchange rate of CBR on date indicated). Trading session closed at $603.24/MT (CFO).
UKRAINE
Ukrainian agrarians plan to sow about 223 thousand hectares with sugar beet in 2021 season, according to the Information and analytical portal of the agro-industrial complex of Ukraine.
KAZAKHSTAN
It is planned to grow sugar beet at 21.8 thousand hectares this year, the Government of the Republic of Kazakhstan reports.
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