Tuesday, July 16, 2024
Russian officials increased the quota for tomatoes imported from Turkey on Tuesday from 150,000 to 200,000 tons, RIA Novosti reported.  "Approve the permitted volume of import of the product ‘Tomatoes fresh or chilled’ - 200,000 tons," the Russian Agriculture Ministry said in a decree published on Russia’s official web portal...
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...
Russian company Aquatrade, owned by billionaire Andrey Katkov, is planning to invest $7.7 million into a new land-based salmon and trout farm in the Leningrad region, the Fish Site reports. Katkov, who is the owner of Judo Yavara-Neva, one of the largest networks of judo clubs in Russia, and a...
Russia is expected to produce 120-130 million tons of grain in 2018, of which 45-50 million tons will be available for exports in the 2018/19 season due to begin in July, the IKAR agriculture consultancy said on Friday. The preliminary estimate is that Russia’s wheat crop may come at 73-82...
Turkey exported a record high volume of tomatoes and earned 40,116,000 USD (37 million Euro), already meeting its export quota to Russia, Dunya.com reports. Tomato exporters are now asking the removal of the 150.000-ton quota that was initiated by Russia following tensions in the relations between the two countries. According to industry...
The devaluation of the ruble and relatively high grain prices have bolstered Russian farmers’ confidence, with the average price for wheat on the domestic market soaring by 1,000 rubles ($12.3) reaching almost 13,300 ($164.6) per ton over the week, Kommersant writes. The primary reasons for the spike in grain prices...
Russia’s wheat harvest for 2018 decreased by 16% year-on-year to 72 million tons, according to preliminary estimates of the Russian Federal State Statistics Service (Rosstat), Interfax news agency reported. In 2017, Russia had a record wheat harvest of 85.8 million tons, according to the Russian Agriculture Ministry. Rosstat said Russia’s...
Russian farmers are again facing restrictions on grain exports via ports in the Baltic states, the Vice President of the Russian Grain Union Alexander Korbut said in a letter to Deputy Prime Minister Alexei Gordeyev, according to Kommersant. The Baltic states, notably Latvia, serve for grain shipments, which are expensive...
More and more Russian food producers are catering for the domestic Muslim community, which accounts for around 15 percent of Russia's population and is set to expand, and in some cases are also setting their sights on export, AFP reports.  The manager of a sausage factory near Moscow, Arslan Gizatullin...
Egypt is interested in beginning to purchase Russian grain through Crimea’s ports, Crimean Deputy Prime Minister Georgy Muradov told TASS. "We met with the Egyptians. They say they are very interested in increasing Russian grain supplies. The fact that grain will be transported through Crimea’s ports suits them," he said. According...