Sunday, May 5, 2024
The captain of the Roxen, a Finnish fishing boat with an Estonian crew detained in the Baltic Sea in May by the Border Service of Russia for illegal fishing, has been released, his attorney Igor Voskoboinik told Interfax on Tuesday. "Investigative authorities lifted the preventive measure for non-departure from the...
One of the world’s largest producers of phosphate-based fertilizers, Russia’s Phosagro, plans to boost production and conquer a fifth of the European market by 2025, the company said, according to Vedomosti. Europe consumes about 14 million tons of fertilizers per year, and the current market share of Phosagro is 14%....
For the second week in a row, Russian wheat prices rose last week amid higher export demand and lower domestic supply caused by concerns about the 2020 crop in Russia and Ukraine, Agroinvestor reported. Black Sea prices for Russian wheat with 12.5pc protein content and December delivery were up $1...
Russia is counting on the resolution of problems related to the quality of bananas shipped from Ecuador, Alexander Shchetinin, head of the Latin American department at Russia’s Foreign Ministry, told TASS. He noted the relevant departments are discussing the deliveries of Ecuadorian bananas and there is not any political context...
Signs of price-fixing in the buckwheat market were uncovered by the Russian anti-monopoly agency (FAS) amid the panic-buying spree fueled by the coronavirus pandemic, Vedomosti reports. Buckwheat has been a staple of choice for Russian shoppers to stockpile as the number of Covid-19 cases has climbed, with sales of the...
Belarusian farmers will try to consolidate their positions on Russia’s food market after the pandemic-triggered economic slump is over, Belarusian Deputy Prime Minister Alexander Subbotin said on Sunday, TASS reported. "The main focus is made on Russia. Common approaches to packaging, common approaches to food preferences, so, we will spare...
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...
Trading activity in the Russian old-crop wheat market continued slowing during past week, with market players switching to new-crop wheat, Vedomosti reported. The current weather situation in Russia’s grain growing regions along with a lag in planting brings uncertainty to the market. Growers will most likely take a wait-and-see attitude...
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’s record grain harvest last year and the country’s booming exports are causing losses for American farmers, with an increasing number of agricultural companies across the U.S. forced to shut down, The Wall Street Journal reports. Russia produced a record yield in the past agricultural year, which ended on June...