Friday, August 7, 2020
The Cabinet of Ministers of Russia will allocate 6 billion rubles to recapitalize the state leasing company Rosagroleasing, RIA Novosti reported. “Some 6 billion rubles will be allocated to replenish the working capital of the joint-stock company. The order was signed by Prime Minister Mikhail Mishustin,” the Cabinet of Ministers...
China has suspended shipments of poultry products from a plant owned by Arkansas-based meat giant Tyson Foods after hundreds of workers tested positive for Covid-19, Russia Today reported. All products sent from the affected plant, including those that have recently arrived at Chinese ports and are still in transit, will...
Wheat exports from Russia, Ukraine and Kazakhstan will hold steady in 2020-21, a Reuters poll showed, due to a larger crop in Russia and Kazakhstan, making competition easier with the European Union, where output is forecast lower. Most of the wheat exported from these three countries is moved via the...
Global demand for premium foods like wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession amid the coronavirus pandemic, Reuters reported. As strict lockdown measures to contain the outbreak ravage global economic activity, the luxury food industry could be among...
The Orion fishing company, working in the Yamalo-Nenets Region, plans to export tinned fish to the CIS countries - Belarus, Kazakhstan and Azerbaijan, the company’s Director Oleg Mameyev told TASS on Tuesday. "All formalities are under way, the certifying may take much time," he said. "Hopefully, everything will be ready...
Romania’s wheat output is expected to fall sharply this year due to prolonged drought, but the Black Sea exporter should amass a robust surplus to offer in Egypt’s international grain tenders, farmers and experts said on Monday, Reuters reported. European Union’s second-largest grain seller Romania is a major cereals seller...
The maiden shipment of Coco Daily organic coconut milk produced by Philippine company Cenagri, has arrived in St. Petersburg to cater to mainstream Russian consumers this spring, The Manila Bulletin reported. Russian importer PanAsiaImpex announced that the maiden shipment of Philippine brand Coco Daily organic coconut milk arrived at the...
Russian President Vladimir Putin has ordered the government to consider lowering VAT on processed feedstuff from the current 20% to 10%, All About Feed reports.  The country’s feed industry hopes this measure could be adopted as a part of a broader package of state aid to the Russian feed industry,...
Russia has decided to stop grain exports after a self-imposed quota on shipments was reached this weekend, two months ahead of schedule, TASS reports. Exports for April through June reached the quota of 7 million tons yesterday, the Agriculture Ministry said in a statement. Grain shipments will be halted after the...
Russia is well-known for being among the world leaders in exporting grains and sunflower oil, but now the country has also broken into the international market for potato chips, Potato System reported citing a new study. “Unexpected, but accomplished,” say analysts from the marketing agency Roif Expert, who studied the...