China has agreed with Russian authorities to “deepen trade in soybeans and other agricultural products” during a meeting this week, the South China Morning Post reports citing commerce minister Zhong Shan.
Zhong, a recent addition to Beijing’s negotiating team in trade war talks with Washington, met with the Russian minister...
A steep cut to the U.S. government’s forecast of world wheat supply led Euronext wheat futures to end sharply higher at the end of last week, as the USDA reduced expected production in top exporter Russia, Reuters reported.
Front-month September milling wheat on Paris-based Euronext settled 3.25 euros, or 1.9pc,...
Russian Prime Minister Dmitry Medvedev said he had decided to reduce to ten percent the VAT on fruit and berries, RIA reported.
On his Facebook page, Medvedev explained that the decision was made after a discussion with members of the government and State Duma deputies.
"In addition, this should contribute to...
A report by the Global Agricultural Information Network report from the U.S. Department of Agriculture (USDA) showed that Russia’s rapeseed and soybean production in 2019 and 2020 is likely to set new records, World Grain informs.
According to the USDA’s predictions, some 4.3mn tons of soybean will be produced, while...
The head of Russia’s state fisheries authority, Ilya Shestakov, said on Thursday his agency estimates the potential of the fishing industry at 2 trillion rubles ($31.7 billion), Port News reports.
"We have conducted a research, we estimate the multiplicative effect of (Russian) fishing industry at 2 trillion rubles, which...
Russia’s ban on western food imports facilitates the build-up of export-oriented agriculture in the country, the minister of agriculture Dmitry Patrushev said on Thursday, according to Dairy News.
“While we said earlier that we had to import a portion of products, the situation has changed by now - we are...
A “Wine House of Azerbaijan” was opened in Yekaterinburg on Monday, a move aimed at boosting sales of wines from the former Soviet republic in Russia, Azer News reports.
About 120 Azerbaijani wine products and alcoholic beverages are presented in the wine house, which is the third such venue opened...
Prices for Russian wheat fell last week following the beginning of the arrival of the new crop and despite continuing risks to the harvest from the June heatwave, analysts told Reuters on Monday.
Russian agricultural consultancy IKAR said in a note that Black Sea new-crop prices for wheat with 12.5%...
The Russian government announced on Monday that it is extending the term of zero duties on wheat exports until July 1, 2021, World Grain reports.
The zero wheat export policy was introduced in Russia three years ago.
According to a decree posted on the official government website: “The decision will facilitate...
An artificial intelligence (AI) system will be installed in one the meat-processing facilities of Russian agricultural holding Cherkizovo, in a move which the company hopes will optimize the production process and cut production costs, Unipack.ru reported.
Cherkizovo said the installation of the Morigan.Lean system is a pilot project before...
