Sunday, April 28, 2024
Russia expects the volume of soybeans exported to China to reach a worth at least $600 million by 2024, the country’s Ministry of Agriculture has said, according to NV Daily. Soybeans and their processed derivatives were the second-biggest agricultural export from Russia's Far East, Deputy Minister of Agriculture Sergey Levitin...
Russian Agriculture Minister Dmitry Patrushev and Saudi Arabian Energy Minister Khalid al-Falih will discuss the development of bilateral relations, including agricultural trade, during their meeting on Thursday, the Russian ministry said, according to Investing.com Russia. In August, Saudi Arabia decided to relax its bug-damage specifications for wheat imports, opening the...
Russian state-controlled VTB bank, which has been expanding its grain business, plans to enter grain markets in Africa, the Middle East and Asia to increase Russian grain exports, Reuters reported on Tuesday. VTB has a stated goal of wanting to create a vertically integrated player in the grain market. In...
The value of new licenses for crab fishing in Russia stands at 125.5 billion rubles ($1.9 billion), Vedomosti reported last week citing documents from the Ministry of Agriculture approved by Prime Minister Dmitry Medvedev. The world-famous Kamchatka red crab is regarded as Russia’s “other caviar” and fetches high prices from...
Russian wheat exports have been slow so far this season, to the benefit of Ukraine which has seen a surge in its shipments of the grain, traders told Reuters. Russia and Ukraine, along with Romania and Kazakhstan, compete with each other in wheat markets in North Africa and the Middle...
Egypt, the world’s top wheat importer and the largest buyer of Russian wheat could soon be supplied with grains from grain trader United Grain Company (UGC), the Russian state-controlled company said on Wednesday, according to Reuters. Egypt’s state-run General Authority for Supply Commodities (GASC) held a wheat purchase tender on...
Brazil has granted Russian meat producers the right to supply beef to Brazil, the country’s agricultural watchdog said in a statement on Tuesday, according to News.ru. “А veterinary certificate was signed during the bilateral meeting of Russia's Federal Service for Veterinary and Phytosanitary Supervision and the Secretariat for Plant and...
Russian customs officers began checking for the presence of flowers and fruits in the luggage and hand luggage of travelers, as new quarantine phytosanitary control rules in the country came into force this month, Fresh Plaza reports. The new authorities are assigned to the customs authorities at the Vyartsilya checkpoints...
The head of Russian state-controlled bank VTB, Andrey Kostin, has sent a letter to President Vladimir Putin asking him to help it create an all-Russian united grain corporation, Reuters reported on Friday. The newly-established company would curb the role of foreign traders and give the state greater control over exports,...
Russian farming conglomerate Rusagro said on Wednesday it has bought a 22.5% stake in local competitor Agro-Belogorie (Agrobel), raising speculation this is a first step to taking a controlling stake to become the country's largest pork producer, Agroinvestor.ru reports.  Russia has seen intensifying consolidation in the meat industry in recent...