Trading companies RIF, Aston, the Russian grain office of Glencore, and a subsidiary of United Grain Co. have signed a memorandum creating the Russian Union of Grain Exporters (UGC), Kommersant reports.
“Its creation will help to improve the coordination of grain exporters among themselves and with government authorities,” the founders...
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...
Russia’s biggest meat producer, Cherkizovo Group, is planning to build a plant for advanced processing of high-protein oilseeds with a daily capacity of 1.5 kilo metric tons (KMT), the company said.
The ground for the project may be allocated in the Yeletsprom special regional economic area, Lipetsk region. The company is...
Chinese agriculture giant Cofco International had walked away from a deal to buy a stake in Russia’s sprawling Novorossiysk grain export terminal, the hub’s operator said on Wednesday, according to Reuters.
Cofco walked away from its bid to buy a 25% stake in the KSK grain terminal, owner Deloports told the news...
А Russian agricultural specialist has warned that soybean exports to China are likely to remain low for the next few years, suggesting that the amount produced will not be enough to provide a real alternative to production from the United States, the South China Morning Post reports.
Soybean imports in...
Russia’s agriculture industry has seen a decrease in investment by foreign companies in 2017, compared to the previous year, research from professional services firm EY published at St. Petersburg International Economic Forum reveals.
According to Forbes Russia, the report said that last year, for the first time ever, China became...
Russia imported the lowest volume of greenhouse vegetables in January in the past three years, analysts from analytics agency EastFruit said in a note, according to APK-Inform.
Compared with January 2018, the value of greenhouse tomato, pepper and cucumber imports decreased by 15.2%, down to $79.5 million, the report...
Russia’s Primorsky Krai, a region bordering North Korea, is continuing discussions over plans to import agricultural products such as apples, the governor Oleg Kozhemyako has said last week, according to RIA Novosti.
Speaking at the recently held St Petersburg International Economic Forum (SPIEF), he also said the two countries plan...
One of the world’s largest producers of phosphate-based fertilizers, Russia’s Phosagro, plans to boost production and conquer a fifth of the European market by 2025, the company said, according to Vedomosti.
Europe consumes about 14 million tons of fertilizers per year, and the current market share of Phosagro is 14%....
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....
