Russia's Agriculture Ministry announced Sunday that the country is limiting its grain exports in response to the growing risks brought on by the coronavirus pandemic, Rossiyskaya Gazeta reported.
From April 1 to June 30, exports of grain - wheat and meslin, rye, barley and corn - outside the EAEU will...
Russia’s biggest meat producer, Cherkizovo Group, is in talks with several Chinese companies to jointly supply pork to China, Bloomberg reports.
The company looks to expand in Asia and help alleviate a shortage in the world’s biggest market.
“Rebuilding pork production isn’t easy,” Cherkizovo Chief Executive Officer Sergey Mikhailov said in...
Trading activity in the Russian old-crop wheat market continued slowing during past week, with market players switching to new-crop wheat, Vedomosti reported.
The current weather situation in Russia’s grain growing regions along with a lag in planting brings uncertainty to the market. Growers will most likely take a wait-and-see attitude...
A steep cut to the U.S. government’s forecast of world wheat supply led Euronext wheat futures to end sharply higher at the end of last week, as the USDA reduced expected production in top exporter Russia, Reuters reported.
Front-month September milling wheat on Paris-based Euronext settled 3.25 euros, or 1.9pc,...
Russian state scientists are alarmed by the mass death of bee colonies in the country, with uncontrolled pesticide use believed to be the cause, RIA Novosti reports.
"The problem is that we do not produce our own pesticides," Yelena Saltykova of the Russian state Institute of Biochemisty and Genetics told...
Competition and consolidation are growing in the Russian ice cream industry. According to Soyuzmolok and Streda Consulting, ten companies have already captured 57 percent of the market and will continue to expand, and Renna Group of Companies (the Korovka Iz Korenovka brand) may dethrone Unilever.
According to analysts, exports...
Russian Agriculture Minister Dmitry Patrushev and Saudi Arabian Energy Minister Khalid al-Falih will discuss the development of bilateral relations, including agricultural trade, during their meeting on Thursday, the Russian ministry said, according to Investing.com Russia.
In August, Saudi Arabia decided to relax its bug-damage specifications for wheat imports, opening the...
Prices and profitability in the Russian meat market could be hit after the Government’s decision to raise VAT from 18% to 20% from 2019, Global Meat News reports.
However, the impact could be minimized if the authorities decide not to reimpose the higher VAT rate on food products, though this...
Some 80 miles from the capital Moscow, Russian farmers and small businesses around Kolionovo are ditching the ruble and switching to a newly-promoted cryptocurrency -- the kolion -- to pay for local trade, CNN reports.
A local banker-turned-farmer, Mikhail Shlyapnikov, led the way. When he was diagnosed with cancer a...
Russian wheat exports have been slow so far this season, to the benefit of Ukraine which has seen a surge in its shipments of the grain, traders told Reuters.
Russia and Ukraine, along with Romania and Kazakhstan, compete with each other in wheat markets in North Africa and the Middle...
