Saturday, April 4, 2020
Analysts are forecasting Russia’s grain production in 2017-18 at 134.9 million tonnes, the country’s largest crop in nearly 40 years, according to a recent Global Agricultural Information Network (GAIN) report from the U.S. Department of Agriculture. This total includes 85 million tons of wheat, 20.2 million tons of barley, and 13.7...
The Russian Fishery Company (RFC) has hired seafood sector veteran Soren Dalsager as its chief commercial officer, Undercurrent News reports citing an official company statement. Dalsager joins RFC from Florida-based U.S. tilapia producer Regal Springs as the Russian holding is undertaking a fishing and processing investment program and is looking to “enhance...
A long-running legal battle with cofounder, former business partner, and university friend Alexander Tugushev could cost billionaire Vitaly Orlov a large chunk of his fishing empire, Forbes writes. This month, a court in Murmansk dismissed the tycoon’s claim that his motherland, not London, had jurisdiction over the dispute. This means that...
Mexican bread and pastry producers are looking for alternative suppliers of wheat to reduce their dependence on the United States as trade relations between the two neighbors deteriorate, The Hill reports. Mexico is the top importer of U.S. wheat, but the country is increasingly turning to cheaper supplies from Russia,...
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...
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...
Russian meat producer Cherkizovo Group has announced that it does not plan to proceed with an offering of its ordinary shares on the Moscow Exchange, citing 'current market conditions', Vedomosti reported. In March, the group said it was planning the offering, which would “provide investors with an opportunity to...
Russia’s biggest beef producer, Miratorg, has teamed up with renowned Russian restaurateur ArkadyNovikov to launch franchise program of the Farshburger restaurants network, Meatinfo.ru reported. The move will multiply the number of restaurants and “stimulate the development of high-quality catering in the Russian regions,” the company said in a statement. Miratorg opened...
Russia’s Deputy Agriculture minister Dzhambulat Khatuov held a conference call on the development of vegetable growing in the country’s regions this week, the participants of which discussed issues of increasing the production stocks of potatoes and vegetables, Potato System reports. The event was attended by the heads of regional governing...
Philippine food company Century Pacific Food Inc. (CNPF) has signed separate deals with four top Russian firms to supply tuna, sardine, and coconut milk products, Rappler.com reports. Under separate memoranda of understanding, Century Pacific agreed to supply tuna and sardine products to Russia’s prime food retailer Magnit, Dalimo, and...