Friday, 14.12.2018
Renewed rumors that Russia may curb wheat exports on top of technical buying pushed wheat futures sharply higher in global markets Wednesday, while corn and soybean futures followed, the latter on a light technical bounce that overcame prospects for a record-large harvest, Agriculture.com reports, citing Reuters news agency. Chicago...
Fertilizer might not seem an obvious source of geopolitical tension, but with Moscow working openly and covertly to widen its sphere of power, the prospect of a politically connected Russian firm cornering a key part of the European agricultural market has raised sharp concerns, the New York Times reports....
The Russian Ministry of Agriculture plans to increase the volume of exports of agricultural products in money terms in 7-10 years, the Minister of Agriculture Alexander Tkachev said last month in an interview with Rossiya 24 TV channel, TASS informs. “This year the volume of exports will reach $20 bn....
А 63,000-tonne Russian wheat cargo, halted for the common grain fungus ergot, will be allowed into Egypt after test results indicated levels fell within acceptable limits, Russia’s state Grain Quality Service said on Monday, according to RIA. Egypt, the world’s largest wheat importer, said on Thursday the cargo, sold to state grain...
High protein Russian wheat prices in the coasters survey have rallied to a three-year high as a supply crunch pushes buyers to pay more, Russian analytical agency SovEcon reported. The average export prices for Russian wheat (FOB, deepwater ports, protein 12.5%) for the past week increased by $9 to $216.5...
Authorities in the Voronezh region are planning to build a greenhouse complex in the Bobrovsky district for the closed-soil cultivation of vegetables with an investment of about $220 million, RIA news agency reported citing a statement on the regional government’s website. "The construction of a high-tech greenhouse complex for growing...
Iraq said late on Monday it wanted to allow wheat imports from Russia in its state buying tenders, Agriculture.com reports. Trade Minister Mohammed Hashim Al-Aani said he would send representatives to Russia to study its wheat quality and its suitability for use in Iraq’s massive food rationing program. “The ministry will send...
The surge of wheat exports from Black Sea producers: Russia, Ukraine and Kazakhstan into global grain markets is beginning to concern Canadian farmers, who fear a slump in demand for their higher priced product, the Alberta Farmer Express reported. “Russia continues to dominate the global wheat export trade,” market analyst...
Russia’s ministry of agriculture has approved a $4 billion credit line destined for new projects in the domestic pig industry, Pig Progress reports. The money will become available in the form of soft loans with subsidized interest rates. The policy was made public by Yuri Kovalev, chairman of the Russian...
Eight Russian seafood companies will build new production facilities in exchange for quotas for Atlantic cod, haddock, and other fish species, assigned to them by Russia's federal fishery agency, Rosrybolovstvo, Dp.ru reports. The total investment in the new facilities will exceed 5.4 billion rubles ($81.5 million), according to the agency. Rybotorgovaya Setj...