Friday, April 26, 2024
Climate change is affecting food production. It has already helped Russia to become the world's largest grain exporter, and the nation is anticipated to enhance its positions in the future as agriculture, particularly in Russia and Canada, is predicted to flourish, according to  Financial Times. According to various estimates, the...
The Bank of Russia notes a decrease in prices for products that are included in the borsch set, and this trend will continue, said the head of the Bank of Russia Elvira Nabiullina, local media reported. "In our opinion, this is a seasonal story, it is not related to what...
The market for environmentally friendly agricultural technologies is developing dynamically in Russia, and its volume is already approaching 90 billion rubles. Experts noted that while the industry is quite young, it is already attracting great interest from investors, Russian media informs. "In 2019, private investment in green agrarian startups amounted...
According to a statement from Russia's Ministry of Agriculture, the cost of raw milk production has increased this year due to an increase in feed costs, which account for 45 percent of the cost structure, as well as increases in tariffs for energy resources, fuels and labor. Additionally, selling prices...
The duty on the export of wheat from Russia from June 23 to June 29 inclusive will be $ 38.1 per ton, on the export of barley - $ 39.6 per ton, corn - $ 50.2 per ton, RIA Novosti reports, citing the Russian Ministry of Agriculture. The export duty...
The Rosselkhoznadzor (RSHN) and the Singapore Food Agency (SFA) agreed on a veterinary certificate that allows the export of processed milk and dairy products from Russia to Singapore to begin, Russian media reported. "Deliveries of dairy products can be carried out accompanied by this certificate if the requirements of Singapore...
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...
During the last five months, Norway increased food exports from Russia by 60% in annual terms to $153 million, according to the Agroexport center in the Russian Ministry of Agriculture. Supplies in physical terms increased by 73% to 155 thousand tons, Russian media reported. Norway also became the second-largest buyer...
The authorities and manufacturers do not need to conclude new agreements on food prices, Deputy Minister of Industry and Trade Viktor Yevtukhov said, Russian media reported. As for the extension of the agreement on prices for sugar and sunflower oil, the sugar agreement has already expired, the official said. "But retail...
Exports of wheat and meslin from Russia decreased in January-April by 19.2% to 9 million 535.5 thousand tons, according to the Federal Customs Service (FCS), Russian media write. In monetary terms, exports decreased by 5.1% to $2 billion and 415.9 million. In particular, wheat exports decreased in April by 30.3%...