Tuesday, April 29, 2025
According to estimates by the biggest tobacco producer in Russia, Japan Tobacco International (JTI), the illegal trade in tobacco in the country has grown from 1-2% of the market to 9%, TASS news agency reports. "Illicit tobacco market in Russia has grown up from 1-2% to 9% in 2018," JTI Vice...
Increased sales into mature consuming countries as well as the development of new markets is driving the strong growth in global fertilizer demand over the past five years, and consumption growth is set to be more evenly spread across world regions, British consultancy CRU has said. According to the report, mid-tier...
Russia's largest meat processor, Cherkizovo, is seeking to acquire a majority stake in local producer Samson Food Products, Global Meat News reports. Moscow- and London-listed Cherkizovo is aiming to buy a 75% holding in Samson Food Products, a group of companies based in St Petersburg and offering meat products under...
The Russian Ministry of Agriculture has estimated that this year’s vegetable harvest will be a 10-year record, Izvestya reported. The Ministry’s press service stated that by the end of 2018, Russia will produce one million tons of greenhouse vegetables. This will be an increase of 12.3 percent compared to last year. The...
Russian agribusiness holding Eco-culture will launch a $500 billion agricultural complex in Uzbekistan next year, according to the Vedomosti business newspaper. The company’s President Alexander Rudakov announced plans to build greenhouses on the area of 314 hectares to the tune of $472 million, while the company will also spend another $92...
Fertilizer might not seem an obvious source of geopolitical tension, but with Moscow working openly and covertly to widen its sphere of power, the prospect of a politically connected Russian firm cornering a key part of the European agricultural market has raised sharp concerns, the New York Times reports....
The 1,000-ton shipment of soybeans grown by China's Dongjin Group in Russia's Far Eastern region was offloaded in Fuyuan, in the Heilongjiang Province on Thursday, the Global Times reports. The Chinese project marks the first time of non-genetically modified soybeans grown by a Chinese company in Russia and shipped to...
The U.S. Department of Agriculture, in its October World Agricultural Supply and Demand Estimates report, left unchanged its forecast for Russian wheat exports in the current year at 35 million tons, Agriland reports. The move comes despite recurring rumors suggesting that Russia may move to limit its exports of wheat...
Russian President Vladimir Putin vowed on Sunday to develop the country's agricultural sector and rural areas, TASS news agency reports. In a speech published by the Kremlin on October 15, the National Day of Workers of the Agricultural and Processing Industry, Putin congratulated the workers on their professional holiday and said...
Fruits, coconuts, cocoa, nuts, vegetables and fish from the Philippines have a big export potential in Russia, the Philippine Trade and Investment Center in Moscow (PTIC-Moscow) said, according to Business Mirror. The team said some Russian importers, buyers and distributors showed interest in many locally produced goods during the World...