Saturday, July 5, 2025
Rumors of a government-backed export limit in Russia have sent global wheat prices up to a five-day high on Monday, Reuters reported. The continued rumors ahead of a government decision have increased concerns of possible supply delays. They have also caused Russian wheat sales in general to show their first...
Fertilizer giant EuroChem Group has announced the start of production at the country’s first Urea Ammonium Sulfate (UAS) production facility, Chemical Engineering reports. The new facility, built in partnership with leading urea technology developer, Dutch-based Stamicarbon, is projected to reach a final production capacity of 600 tons/day. It officially...
On the Russian side of the border with China, in Manzhouli, long queues of trucks loaded with Russian wheat flour, rapeseed and other farm produce can be seen every day, waiting to deliver goods to China, Xinhua reports. The land checkpoint in Inner Mongolia Autonomous Region has seen a...
The price of Russian 12.5% protein wheat slid to a five-week low at $241/mt amid sellers attempting to regain market share from more competitive alternative origins, S&P Global Platts reported on Wednesday. Price and quality factors have led European and U.S. wheat to draw demand away from Russia in recent...
Clients of Raiffeisenbank in October 2020, due to the introduction of new Covid-19 restrictions, sharply increased their spending on indoor plants, spending more than 305,000 rubles last month, this is more than 17% more than in September, according to the bank's research made available to TASS on Saturday, TASS...
India is set for record wheat output in the current crop year, due to higher acreage, conducive weather, and fewer crop pest attacks, according to the chief of the Directorate of Wheat Research at Karnal, Gyanendra Pratap Singh, RT reported. He told the Economic Times that “production of the food...
After a record harvest last year, Russia increased its wheat export by a third and emerged as the leading world grain exporter in recent months. Together with other former Soviet Union countries’ rising exports, the global wheat market is now in a situation reminiscent of Soviet-era dominance, Bloomberg reports. Russian...
The widespread acceptance of genetically modified food in Russia continues to remain speculative, according to Russian President Vladimir Putin, who spoke to students on Wednesday during his tour to the Far East, TASS reported. According to the Russian president, the problem of genetically modified food is undoubtedly difficult, and experts...
Russian agribusiness holding Eco-culture will launch a $500 billion agricultural complex in Uzbekistan next year, according to the Vedomosti business newspaper. The company’s President Alexander Rudakov announced plans to build greenhouses on the area of 314 hectares to the tune of $472 million, while the company will also spend another $92...
Russia will continue to destroy any sanctioned Western-made food products it discovers in its territory in 2019 after the government extended the validity of the rules for the destruction of sanctioned products, UkrAgroConsult reports. The decision extends the validity of the rules for the destruction of agricultural products, raw materials...