Saturday, April 4, 2020
Signs of price-fixing in the buckwheat market were uncovered by the Russian anti-monopoly agency (FAS) amid the panic-buying spree fueled by the coronavirus pandemic, Vedomosti reports. Buckwheat has been a staple of choice for Russian shoppers to stockpile as the number of Covid-19 cases has climbed, with sales of the...
Continuing a string of investments in grain transport infrastructure, Russia’s state-controlled bank VTB has bought 50% of the Taman grain terminal in the Russian part of the Black Sea from Ukraine's Kernel, Reuters reports. Commodity trade giant Glencore, which owns the other half of the terminal, remains VTB's partner in...
A shortage in the supply of quality potatoes is resulting in an increase in prices in this segment, EastFruit analysts say. According to the analysts’ daily monitoring, the limited supply of high-quality potatoes, as well as the increased demand for these products by wholesale companies and retail chains, has allowed...
The Russian Ministry of Agriculture will be able to reallocate food supplies to different regions of the country in case of necessity, Deputy Prime Minister Victoria Abramchenko said on Wednesday, according to Dairy News. "The Deputy Prime Minister particularly noted that food stocks were formed in the country and there...
The Dutch business community plays a prominent role in developing greenhouse horticulture in Russia, Meeuwes Brouwer, who has been an agricultural consultant in Russia for almost four years, told Horty Daily. Agriculture is developing rapidly in Russia, with the country’s agricultural ministry focusing on stimulating exports that rose to around...
A delegation from Russia's Primorsky Region, headed by the deputy head of the regional authority Konstantin Shestakov, will visit the Uzbek capital Tashkent this week to hold bilateral negotiations and meetings, Trend news agency reports.  The meetings will be attended by investment and foreign trade officials, transport, along with Uzbekazikovka...
After a month-long disruption due to the yearly quota limit, Turkish tomato exports to Russia have resumed on March 7, Hurriyet reported. Moscow recently decided to lift the yearly quote for Turkish tomato imports from 150,000 tons to 200,000 tons after some containers carrying Turkish tomatoes were returned last month, saying that...
A chicken processing factory in the Vietnamese capital, Hanoi, has become the first business in the country to receive a license to export processed chicken products to Russia, Vietnam Plus reported. The Department of Animal Health under the Ministry of Agriculture and Rural Development on March 8 said the Russian...
Imported products traditionally prevail in the Russian pear market during Russian winters, with prices for the fruit supplied abroad rising this year, analysts told East-Fruit.com. The main countries supplying pears during this period are Argentina, Belgium and the Netherlands. At the same time, it is worth noting that prices for...
Moscow is negotiating the access of Russian fishing companies to the economic zone of Uruguay, the head of the Russian Federal Agency for Fishery Ilya Shestakov said on Tuesday, according to Prime news agency. "We had a meeting with the Minister of Agriculture and Fisheries of Uruguay. We discussed the...