Renewed rumors that Russia may curb wheat exports on top of technical buying pushed wheat futures sharply higher in global markets Wednesday, while corn and soybean futures followed, the latter on a light technical bounce that overcame prospects for a record-large harvest, Agriculture.com reports, citing Reuters news agency.
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The largest vertically integrated meat producer in Russia, Cherkizovo, has said it plans to produce 1.1 million tons of meat in live weight in 2019, which is 19% higher than the previous year, Agroinvestitor reports.
The company said it would become the first meat producer in the post-Soviet era...
Russian fishing company Norebo Holding will increase its previously announced plans to build ten trawlers, up from the six it ordered originally, according to Kommersant.
Norebo, a whitefish harvester and processor, said in 2017 that it would spend $350 million on the six freezer-trawlers, which are being built at the...
The surge of wheat exports from Black Sea producers: Russia, Ukraine and Kazakhstan into global grain markets is beginning to concern Canadian farmers, who fear a slump in demand for their higher priced product, the Alberta Farmer Express reported.
“Russia continues to dominate the global wheat export trade,” market analyst...
The U.S. Department of Agriculture estimates that Russia will harvest a solid crop of wheat 77 million tons of wheat and 38.4 million tons of feed grain (corn, sorghum, barley, rye, oats, millet), making a total harvest of 115.4 million tons in 2019, Vedomosti reports.
Russia's Agriculture Ministry currently forecasts...
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...
Argentina has expressed interest in the possibility of game meat deliveries from Russia, head of the Russian agricultural watchdog and chairman of the Russian-Argentine inter-governmental commission Sergey Dankvert said on Tuesday, according to TASS.
"Argentina expressed interest in importing game meat. This can include different types of produce, starting from...
Moscow and Riyadh are discussing plans for making Saudi Arabia a hub for Russian agricultural products, according to a Russian official, RT reports.
“Saudi Arabia is a traditional crossroads of trade routes, it has a convenient geographical location. Since ancient times, people who lived here, traded with the surrounding countries,...
Indonesia imported 1.14 million tonnes of wheat from Russia from July last year to the end of March continues according to official Russian reports. This continues the Southeast Asian country’s newly formed love affair with Russian wheat, Stock & Land reports.
While Indonesia’s current import figures are still dwarfed by...
Milk production in Russia in 2018 amounted to 30.6 million tons, which is 455 thousand tons or 1.5% more than in 2017, according to data published by the federal state statistics service Rosstat.
The output from agricultural organizations increased by 3.6% to 16.2 million tons, while farm production was...
