Wednesday, April 24, 2024
Russia is experiencing an unexpected boom in cheese production thanks to limits on EU food imports introduced by President Putin, NBC News reports. Farmers are producing versions of foreign favorites such as camembert and brie while reviving traditional homegrown varieties that stopped being made a century ago. One poster boy for...
Imported products traditionally prevail in the Russian pear market during Russian winters, with prices for the fruit supplied abroad rising this year, analysts told East-Fruit.com. The main countries supplying pears during this period are Argentina, Belgium and the Netherlands. At the same time, it is worth noting that prices for...
The end of the 2017-18 (July-June) wheat marketing year showed Russian exports were up 48.5% on the year at 39.05 million metric tons (mt) as of June 13, data from the country’s Ministry of agriculture showed Monday. According to Platts, Russia’s exports accelerated in the last week to 514,000 mt,...
Armenia has placed restrictions on imports of Russian meat in order to prevent the entry of African swine fever and bird flu into the country, Izvestya reports, citing Armenian authorities. The import of several respective products to Armenia from some Russian provinces has been temporarily suspended as of August 29, 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...
Russian food products have a broad assortment and quality which guarantee they are ready for being exported to the European market, Russian Deputy Prime Minister Alexei Gordeyev said during the ANUGA-2019 food and drinks fair in Germany’s Cologne, according to TASS. "From the point of view of assortment, our products are fully in...
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...
Frequent rain and high air humidity in July resulted in too wet topsoil in Russian grain fields, which has locally caused a dangerous agrometeorological event such as “excessive soil moisture content at the time of grain harvest,” UkrAgroConsult reports. The European part of Russia was dominated by warm weather (up...
A Japanese fishermen's association said Wednesday that one of cod fishing boats was seized by Sakhalin authorities at sea and taken it to a Russian-controlled island in the Kuril archipelago, for which the two countries have a long-standing dispute, Kyodo news agency reported. Six fishermen were on the boat but...
Russia is keeping its 2019 grain and wheat crop forecasts unchanged, Agriculture Minister Dmitry Patrushev said on Wednesday, according to Reuters.  The country expects to harvest 118 million tons of grain and 78 million tons of wheat in 2019, Patrushev told a government meeting. Export prices for Russian wheat rose last...