Wednesday, July 6, 2022
Russia’s Ministry of Agriculture has proposed an extension to the country’s zero duty policy on wheat export, TASS news agency reports. According to a draft resolution of the Russian government, the ministry noted that the expected crop in Russia in 2019 to the amount of 118 million tons will fully...
Concerns are being raised about this year's grain harvest among Russian farmers and analysts as meteorologists forecast dry spring weather with little rain expected in the next two weeks, Reuters reported.  A larger crop is still expected in 2020 than a year ago as farmers sowed a bigger area with...
The Russian Ministry of Agriculture plans to increase the volume of exports of agricultural products in money terms in 7-10 years, the Minister of Agriculture Alexander Tkachev said last month in an interview with Rossiya 24 TV channel, TASS informs. “This year the volume of exports will reach $20 bn....
Russia has resumed wheat supplies to Vietnam, Russian Deputy Prime Minister Maxim Akimov, who chairs a bilateral intergovernmental commission for trade and economic, scientific and technical cooperation, said on Tuesday, according to TASS. "We have ironed out the issue on supplies . <...> We had some issues related to weed...
Global demand for premium foods like wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession amid the coronavirus pandemic, Reuters reported. As strict lockdown measures to contain the outbreak ravage global economic activity, the luxury food industry could be among...
The government will not extend agreements on freezing prices for sunflower oil and sugar, Deputy Prime Minister Victoria Abramchenko told Russian media. Government intervention in pricing will not have a very good effect on business and will imbalance the economy. "We are not supporters of such measures. These were one-time...
High protein Russian wheat prices in the coasters survey have rallied to a three-year high as a supply crunch pushes buyers to pay more, Russian analytical agency SovEcon reported. The average export prices for Russian wheat (FOB, deepwater ports, protein 12.5%) for the past week increased by $9 to $216.5...
The world's largest epidemic of African plague has destroyed a quarter of the world's pigs, and some countries have lost more than half of their animals in a year and are already facing an acute shortage of meat. When the epidemic ends, no one knows. The African swine fever (ASF)...
One of the largest producers and distributors of meat products in Russia, Miratorg Agribusiness Holding, has signed an investment agreement with the government of Bryansk Region for a pig-breeding project, worth $38 million, Meat-expert.ru reports.  The document was signed on the sidelines of the VIII International Slavic Economic Forum in...
The production of frozen potatoes in Russia between 2014 and 2018 increased from 4.7 thousand tons to 42.4 thousand tons, RBC wrote recently citing an analysis by BusinesStat. Analysts noted that up until 2018, frozen potatoes intended for fast food chains in the country were mostly imported. According to this study,...

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