Thursday, September 23, 2021
Russian agricultural businesses boosted grain shipments in late August in anticipation of an increase in export taxes. Grain shipments have almost quadrupled to 1.4 million tons per week, according to Kommersant. According to Igor Pavensky, director of the Rusagrotrans Analytical Center, exports are increasing due to rising demand for Russian...
Belarus has introduced a temporary ban on the export of grain, including to the countries of the Eurasian Economic Union (EAEU), Russian media reported. The ban was introduced by the decision of the government of Belarus, and the decree was posted on the national legal portal. "To establish a temporary ban...
The Russian Union of Grain Exporters claimed that the US Department of Agriculture recognized the sharp decrease in forecasts for the harvest and export of Russian wheat as erroneous since this forecast was made on outdated data. The new forecasts may cause an increase in market prices for wheat, Russian...
Climate change is affecting food production. It has already helped Russia to become the world's largest grain exporter, and the nation is anticipated to enhance its positions in the future as agriculture, particularly in Russia and Canada, is predicted to flourish, according to  Financial Times. According to various estimates, the...
The market for environmentally friendly agricultural technologies is developing dynamically in Russia, and its volume is already approaching 90 billion rubles. Experts noted that while the industry is quite young, it is already attracting great interest from investors, Russian media informs. "In 2019, private investment in green agrarian startups amounted...
The duty on the export of wheat from Russia from June 23 to June 29 inclusive will be $ 38.1 per ton, on the export of barley - $ 39.6 per ton, corn - $ 50.2 per ton, RIA Novosti reports, citing the Russian Ministry of Agriculture. The export duty...
During the last five months, Norway increased food exports from Russia by 60% in annual terms to $153 million, according to the Agroexport center in the Russian Ministry of Agriculture. Supplies in physical terms increased by 73% to 155 thousand tons, Russian media reported. Norway also became the second-largest buyer...
Russian authorities imposed a ban on the export of buckwheat and buckwheat groats, starting from June 5 to August 31, Russian media informed. The ban does not apply to supplies to support the activities of Russian military formations abroad, domestic organizations in Baikonur and Spitsbergen, as well as goods for...
New measures to keep the prices of sugar steady The government is discussing new measures to regulate the price of sugar, since the agreement for fixed sugar prices ends on June 1. New measures include the creation of an intervention fund with sugar reserves for sale, at times of...
The annual growth in food prices in early May slowed to 6.6% from 7.6% in March, according to info from a meeting held by Russia's First Deputy Prime Minister Andrei Belousov on price monitoring. In particular, for the annual period as of May 4, 2021, price growth slowed down...

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