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Annual Report 2020

Rusagro announces the end of 2021 sowing campaign

16.06.21

On 16 June Rusagro completed sowing season in all regions. In 2021 total area of cultivated land remained at the level of 538 ths ha. The largest share of the land was cultivated with oil crops and grains – 42% (+7 pp season to season) and 38% (-7 pp season to season) respectively, while sugar beet land area share reached 17% (+1 pp season to season). Increase in share of land cultivated with oil crops is due to positive price trends for soy and sunflower. For Rusagro’s crop structure in 2020-2021 refer to Table 1.

Area planted with grains decreased by 40 ths ha season to season (-16%) and reached 205 ths ha. Due to relatively higher margins of oil crops area planted with wheat and barley dropped by 23 ths hs (-11%) and 18 ths ha (-97%) respectively. Area planted with corn remained nearly at the last season level due to unchanged crop structure in the Russian Far East. Area planted with oil crops rose by 39 ths ha season to season (+21%) and reached 227 ths ha due to to positive price trends for soy and sunflower. Area planted with soy increased by 33 ths ha (+20%), with sunflower – by 6 ths ha (+26%), reaching 197 ths and 30 ths ha respectively.

As a result of an increase of optimal planting distance from sugar plants, area planted with sugar beet augmented by 6 ths ha (+8%) and reached 90 ths ha. Higher land area cultivated with other crops is due to experiments with rapeseeds, sorghum, buckwheat and other crops. Drop in area under farrow by 6 ths ha (-31%) is a result of converting agriculture land previously not suitable for planting into arable land. For Rusagro’s cultivated area by key crops in 2020-2021 refer to Table 2.

Table 1. Crop structure of Rusagro in 2020-2021

Crop

2021

2020

Change

Share in crop structure,

%

Share in crop structure,

 %

pp

Grains

38

45

-7

Oil crops

42

35

7

Sugar beet

17

16

1

Other crops

1

1

0

Fallow

2

3

-1

 

Table 2. Cultivated area of Rusagro by key crops in 2020-2021

Crop

2021

2020

Change

Area,

ths ha

Area,

ths ha

ths ha

%

Wheat

174

196

-23

-11

Barley

0

18

-18

-97

Corn

31

30

0

1

Sugar beet

90

84

6

8

Soy

197

164

33

20

Sunflower

30

23

6

26

Other crops

5

4

0

10

Fallow

12

18

-6

-31

Total

538

538

0

0

Notes: figures are rounded to the nearest full number, change is calculated based on full numbers and might be different to the change resulted from calculations based on rounded numbers.