Tuesday, May 21, 2024
As estimates for the record Russian wheat harvest keep growing, so does the outlook for exports - the world’s top exporter is now expected to sell 36.6 million metric tons overseas, according to consultants SovEcon and the Institute for Agricultural Market Studies, or IKAR. The U.S. was the last...
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...
When Russia annexed Crimea in 2014, the European Union responded by imposing sanctions against the country. In a retaliation move, Russian president Vladimir Putin issued a ban on food imports from the European Union. As a result of the ban, Russian businesses were forced to adjust and came up with...
Russian Prime Minister Dmitry Medvedev said his country could take its share of the global organic market, including meat, from 10% to 25%, Realnoe Vremya reports. According to the PM, the country possesses enough vacant agricultural land that would be suitable for the cultivation of organic crops. This land, being...
Russia plans to obtain the right to supply dairy products to the Chinese market, Deputy Prime Minister Arkady Dvorkovich said Tuesday, TASS agency reported. "We will be trying to bring our food producers on the whole, and milk producers in particular, to the Chinese market," he said. According to Dvorkovich, Russia...
Russia is expected to produce 120-130 million tons of grain in 2018, of which 45-50 million tons will be available for exports in the 2018/19 season due to begin in July, the IKAR agriculture consultancy said on Friday. The preliminary estimate is that Russia’s wheat crop may come at 73-82...
Even as Russia goes on top of the world’s wheat exporters list and Australia ups its output, World wheat production will fall in 2018-19 for the first time in six years, the International Grain Council said. The intergovernmental group, in its first forecast for wheat output next season, pegged it...
After a record harvest last year, Russia increased its wheat export by a third and emerged as the leading world grain exporter in recent months. Together with other former Soviet Union countries’ rising exports, the global wheat market is now in a situation reminiscent of Soviet-era dominance, Bloomberg reports. Russian...
Azerbaijan won’t ban meat imports from Russia, since it doesn’t import poultry meat and products from the Russian region of Kostroma, where bird flu was detected, AzerNews informs. Yolchu Khanvali, head of the press service of the State Veterinary Control Service under the Agriculture Ministry of Azerbaijan told Trend last...
Russian wheat exports for the 2017/18 year were revised 1.5 million mt higher to 35 million mt in the USDA WASDE January report, with weather conditions being favorable to port loadings in January, Platts informs. Russia's record harvest, also revised up, by 2 million mt to 85 million mt, has...