Tuesday, 19.02.2019
The Russian wheat market continued experiencing an upturn in prices last week, UkrAgroConsult reports. Export prices for Russian milling wheat closed the week up another $2-3/MT FOB in the deep-water ports and on average up $10/MT FOB in smaller ports. That substantial price rise in smaller ports results from still...
An increasing number of investment projects attracted by Russia’s sturgeon farming market, as well as growing state support are creating a boom in the industry, according to The Fish Site. Sturgeon has in recent years become one of the most attractive segments of Russian aquaculture, largely due to its high...
Milk production in Russia in 2018 amounted to 30.6 million tons, which is 455 thousand tons or 1.5% more than in 2017, according to data published by the federal state statistics service Rosstat. The output from agricultural organizations increased by 3.6% to 16.2 million tons, while farm production was...
Russian fishing company Norebo Holding will increase its previously announced plans to build ten trawlers, up from the six it ordered originally, according to Kommersant. Norebo, a whitefish harvester and processor, said in 2017 that it would spend $350 million on the six freezer-trawlers, which are being built at the...
Russia’s largest vertically integrated meat producer in Russia, Cherkizovo Group, has announced that it has secured a $232 million loan from Alfa Bank to upgrade its pork business, according to Finam.ru. The money will be used by Cherkizovo-Pork to build, refurbish, and upgrade pig farms, purchase equipment, and acquire breeding...
Kazakhstan imposed this week a temporary ban on the imports of animals, meat, milk, and raw materials obtained from the slaughter of animals, due to foot-and-mouth disease, AKI Press reports citing the press service of the Kazakh Ministry of Agriculture. "In accordance with the official notification from the World Organisation...
An unnamed Russian family has bought French-based Gault & Millau food guides, the company’s owner told AFP news agency. Come de Cherisey, who heads the prestigious gastronomic guides — second only to the Michelin — said the Russian investors have promised to pump several million euros into the company. “I helped...
The prices for Russian deep sea 12.5% protein wheat have soared to their highest in 47 months as supply in Russia's southern regions thins out. According to an assessment by S&P Global Platts, prompt loading 12.5% protein wheat at $241.25/mt Thursday, a surge of $3 on the day as...
Russia and China have approved the list of 10 Russian and 10 Chinese companies that received licenses to supply dairy products to and from the two countries, Russia’s agriculture watchdog Rosselkhoznadzor has said, according to TASS. The list of Russian and Chinese dairy products producers that have access to the...
Despite having almost reached self-sufficiency in the pork industry, Russian companies are expected to increase production capacities by 900,000 tons over the next four years, Global Meat News reports. Speaking at an industry conference in Moscow, Yuri Kovalev, chairman of the Russian Union of Pork Producers, predicted that with this growth, the...