Friday, December 2, 2022
Russian wheat export prices rose for the second consecutive week last week due to the slow pace of harvesting, which started later than a year ago, and weak supply from farmers in southern regions, analysts said on Monday, according to Successful Farming. Russian wheat with 12.5% protein loaded from Black...
The authorities of the Moscow region will resume state support for cheesemakers from 2022, providing financial aid up to 100 million rubles, the Minister of Agriculture and Food of the Moscow Region, Sergei Voskresensky said. The maximum grant amount will be 35 million rubles. The money can be spent on...
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...
In an effort to expand Philippine exports, the country’s Export Marketing Bureau is organizing food companies to participate in an outbound business matching mission to Moscow, Balikbayan Magazine reports. This mission is in collaboration with the Philippine Trade and Investment Center (PTIC) Moscow and the Department of Agriculture (DA). The...
Russia’s minister of agriculture Dmitry Patrushev met with his Croatian counterpart Darko Horvat in the Adriatic city of Dubrovnik on Friday, with the two ministers agreeing that there is an interest to further expand cooperation between Russian and Croatian companies, Tportal.hr reported. At the meeting, Patrushev invited Horvat...
European farmers are worried that the EU-U.S. trade dispute will escalate, leading Washington to target agricultural products, farmers’ organization Copa-Cogeca told Euractiv. U.S. President Donald Trump’s on Thursday announced import tariffs of 25% on imported steel and 10% on aluminum, triggering a retaliatory reaction from the EU, which promised a...
Lawmakers in Russia’s State Duma, the lower house of parliament, approved an amendment cancelling the preferential VAT rate for palm oil and fixing its increase to 20%, RIA Novosti reports. The amendment cancels application of the preferential VAT rate of 10% in respect of palm oil sales operations. The standard...
Russia’s grain exports, helped by a record crop season last year, have surged 50% since the beginning of the year and reached 5.6 million tons, Izvestya reports citing data provided by the Russian Agriculture Ministry. Wheat exports amounted to 4.6 million tons as of August 8, which is nearly...
The growth rate of Russia’s poultry industry in 2018 was the lowest in the past 20 years, with dozens of companies going bankrupt due to avian influenza (AI), rising costs and extremely low profitability, Global Meat News reports. The country produced 6.7 million tons (t) of poultry in live weight...
The first exhibition of Cuban products in Moscow, held last week, has resulted in a deal between fruit exporter Citricos Caribe and Russian company Mashpriborintorg to export tropical products from to Russia, Fresh Plaza reports. The exhibition was attended by a delegation of Cuban businessmen from the agricultural sector who...