Monday, June 24, 2019
In another sign of the readiness of Chinese companies to invest into Russian agriculture, trading corporation COFCO is interested in acquiring a 25% stake in Russian grain terminal KSK in Novorossiysk, Kommersant reported citing sources close to the deal. Тhe third largest grain terminal in the southern Chernomorsk region of...
Russia’s Primorsky Krai, a region bordering North Korea, is continuing discussions over plans to import agricultural products such as apples, the governor Oleg Kozhemyako has said last week, according to RIA Novosti. Speaking at the recently held St Petersburg International Economic Forum (SPIEF), he also said the two countries plan...
The United States Department of Agriculture (USDA) has lifted its forecast for wheat production from Russia and Ukraine by 2 million metric tons (mt) for 2019-20, prompted by favorable weather conditions, Investing.com Russia reported. In its latest World Agricultural Supply and Demand Estimates report, the USDA also said the...
The world’s largest crop chemical producer, Chinese-owned Syngenta will become a resident of the special economic zone (SEZ) in Russia’s Lipetsk region, Agroinvestor reports. The company, owned by Chinese state-run enterprise ChemChina, is based in Basel, Switzerland. It will build a factory producing plant protection agents by 2021, a...
The 2019 Russian grain harvesting campaign started in a southern region of the country amid hot weather, state weather forecaster Hydrometcentre said on Tuesday, according to Reuters. Harvesting has started in part of Russia's southern Stavropol region, one of the main producers of wheat for export. The region is...
Fruits and vegetables producers from Turkey are concerned about the increasing cases of exports being sent back from Russia, with some claiming that Russian phytosanitary agency Rosselkhoznadzor regularly returns fruit to Turkey, Fresh Plaza reported. On May 25, the watchdog returned 20 tons of Turkish strawberries and apricots, finding Californian...
After two days of deep losses, Chicago wheat futures rebounded on Thursday, with support from dry weather that is expected to reduce yields in Russia and Australia, Reuters reports. The most-active wheat contract on the Chicago Board of Trade was up 0.7% at $4.94 a bushel by 1118 GMT, having...
On the Russian side of the border with China, in Manzhouli, long queues of trucks loaded with Russian wheat flour, rapeseed and other farm produce can be seen every day, waiting to deliver goods to China, Xinhua reports. The land checkpoint in Inner Mongolia Autonomous Region has seen a...
Russia’s Federal Service for Veterinary and Phytosanitary Surveillance Rosselkhoznadzor does not intend to initiate lifting of the ban on the supply of apples and pears from Belarus, an official from the watchdog has said, according to Newsbel. Moreover, the agency does not even rule out the introduction of new...
Russia’s government and industry have jointly pursued the adoption of electronic seafood marketplaces in order to overcome vast distances between the country’s largest seafood-producing region and its biggest consumer markets in the center of Russia, Seafood Source reports. In 2013, Russian President Vladimir Putin ordered the launch of online trading...