Monday, April 29, 2024
The Russian government sees no reason, for now, to introduce an export duty on wheat and is not considering one, the country’s agriculture minister Dmitry Patrushev was quoted as saying by Interfax news agency on Tuesday. Speculation mounted among traders that Russia could consider grain export curbs once exports reach 30...
Russia’s grain exports, helped by a record crop season last year, have surged 50% since the beginning of the year and reached 5.6 million tons, Izvestya reports citing data provided by the Russian Agriculture Ministry. Wheat exports amounted to 4.6 million tons as of August 8, which is nearly...
Eight Russian seafood companies will build new production facilities in exchange for quotas for Atlantic cod, haddock, and other fish species, assigned to them by Russia's federal fishery agency, Rosrybolovstvo, Dp.ru reports. The total investment in the new facilities will exceed 5.4 billion rubles ($81.5 million), according to the agency. Rybotorgovaya Setj...
Combined wheat production in the European Union, Russia, and Ukraine is forecast down 12 percent from last year to the lowest level in 5 years, Reuters reports. The EU wheat crop is down 9 percent from last year on hot, dry weather in the northern Member States, while production in...
A new law regulating production, storing and transportation of organic produce in Russia has been signed by President Vladimir Putin, Rusexporter reports. The decree bans agrochemicals, pesticides, antibiotics growth stimulators and hormones. The new law, previously approved by both chambers of the Russian Parliament, will enter force on January 1, 2020....
Frequent rain and high air humidity in July resulted in too wet topsoil in Russian grain fields, which has locally caused a dangerous agrometeorological event such as “excessive soil moisture content at the time of grain harvest,” UkrAgroConsult reports. The European part of Russia was dominated by warm weather (up...
Russian veterinary and phytosanitary watchdog Rosselkhoznadzor said on Monday that the country has started supplying wheat to Brazil for the first time in eight years, Interfax news agency reports. "The first lot of Russian wheat amounting to 26.2 thousand tonnes was shipped to Brazil from the Kaliningrad Region for the first...
Russia has destroyed more than 26,000 metric tons of food in the three years since the country’s government launched an embargo on imported agricultural products from Western countries in retaliation for U.S. and EU sanctions, Interfax reports. The Kremlin ordered the physical destruction of food from the Western countries that...
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...
Russian food could soon begin to be exported to South Africa, Agriculture Minister Dmitry Patrushev has said at the sidelines of the BRICS summit in Johannesburg, Interfax reports. The minister added that an agreement on cooperation in the fishing and mariculture sectors is planned to be signed by governments of...