Wednesday, May 8, 2024
The experiment on the online sale of Russian wines is postponed to the end of March, said Viktor Yevtukhov, Deputy Minister of Industry and Trade of the Russian Federation. On the sidelines of the international e-commerce and retail forum Ecomference Rupost Retail Week, he recalled that the Ministry of Finance...
The agricultural minister of Russia’s Amur Region Oleg Turkov announced this week that soybean exports to China will be suspended until June amid the Covid-19 pandemic, Rossiyskaya Gazeta reported this week. All Amur soybeans have to be processed both by native enterprises or used within the home market, the minister...
The world's wheat fields are at risk of enduring "severe, prolonged, and near-simultaneous droughts" by the end of the century — raising serious concerns about future food insecurity and political instability, says a new study published in the journal Science Advances. This means the proportion of global wheat production areas...
A Japanese fishermen's association said Wednesday that one of cod fishing boats was seized by Sakhalin authorities at sea and taken it to a Russian-controlled island in the Kuril archipelago, for which the two countries have a long-standing dispute, Kyodo news agency reported. Six fishermen were on the boat but...
Russia's Prime Minister Dmitry Medvedev has ordered the sale of up to 1.5 million tons of grain from the state intervention fund in both the domestic and foreign markets, an order published on the government’s website on Monday said, according to UkrAgroConsult. "The signed resolution approves the decision to sell...
The surge of wheat exports from Black Sea producers: Russia, Ukraine and Kazakhstan into global grain markets is beginning to concern Canadian farmers, who fear a slump in demand for their higher priced product, the Alberta Farmer Express reported. “Russia continues to dominate the global wheat export trade,” market analyst...
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...
The European Commission’s antitrust body approved on Wednesday Bayer’s $62.5 billion acquisition of U.S. peer Monsanto, the latest in a trio of mega-mergers that will reshape the global agrochemicals industry, Reuters reported. The decision now puts the fate of the deal in the hands of antitrust authorities in the United States...
Exports of grain from Russia increased by 26% in July-October compared to the same time period last year to 15.7 million metric tons (MMT), according to SovEcon. Of these 15.7 MMT of grain, wheat accounted for 13.5 MMT of exports, the analytics agency said. Russia is the largest exporter of...
Russian agricultural equipment company Rostselmash plans to launch an assembly plant for its harvesters in Azerbaijan in 2020, the company's general director Valery Maltsev has told Interfax. "So far, we have signed an agreement of intent. We are currently negotiating with one of the partners in Azerbaijan. The market there...