Saturday, June 22, 2024
Russian wheat exports in the 2017-18 (July-June) marketing year to date are 40.6% higher than at this point last year at 31.187 million metric tons (mt), data from the ministry of agriculture showed Monday. According to Agricensus, around 38 million mt of wheat is expected to be exported by the...
Cherkizovo Group, Russia’s largest meat producer, has announced plans to conduct an offering of its ordinary shares listed on the Moscow Exchange, Reuters reported. In the offering of primary and secondary shares, set to raise over $300 million, shares will be sold by existing shareholders, including MB Capital Europe, as well...
Russian pork, soybeans and wine have high chances of filling the niche in China’s market American farmers may leave amid the trade war, Izvestya reports. Starting from Saturday, Beijing may significantly raise import duties for 128 U.S. goods in response to Washington’s heavy tariffs on the import of steel and...
Russia’s First Deputy Agriculture Minister Dzhambulat Khatuov says the ministry is satisfied with the condition of winter crops, with a grain harvest anticipated at 100 million tons, TASS news agency reported. "The Russian agriculture ministry jointly with the Russian regions is monitoring the situation. As of today, we consider the...
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...
European farmers are worried that the EU-U.S. trade dispute will escalate, leading Washington to target agricultural products, farmers’ organization Copa-Cogeca told Euractiv. U.S. President Donald Trump’s on Thursday announced import tariffs of 25% on imported steel and 10% on aluminum, triggering a retaliatory reaction from the EU, which promised a...
Russia is experiencing an unexpected boom in cheese production thanks to limits on EU food imports introduced by President Putin, NBC News reports. Farmers are producing versions of foreign favorites such as camembert and brie while reviving traditional homegrown varieties that stopped being made a century ago. One poster boy for...
Russian wheat prices rose last week as concerns about damage to crops from dry weather in the U.S. Plains boosted prices for certain types of western wheat, analysts said on Monday. Seasonally lower supply from Black Sea competitor Ukraine, coupled with strong demand from Moscow's traditional buyers, also supported prices...
Analysts are forecasting Russia’s grain production in 2017-18 at 134.9 million tonnes, the country’s largest crop in nearly 40 years, according to a recent Global Agricultural Information Network (GAIN) report from the U.S. Department of Agriculture. This total includes 85 million tons of wheat, 20.2 million tons of barley, and 13.7...
Russia on Thursday announced a temporary ban on imports of some Belarusian dairy products including milk, citing "repeated violations of veterinary and sanitary norms," TASS news agency reports. The two neighboring countries have been wrangling over the key dairy sector for months. Russia's agricultural industry regulator Rosselkhoznadzor announced on its...