Thursday, March 27, 2025
A cargo of Russian wheat is expected to leave the Baltic Sea port of Kaliningrad for Brazil next week, Russia's food safety watchdog told Reuters on Friday. The 25,000 tonnes of Russian wheat is the first such deal since both countries’ governments finalized talks to liberalize bilateral grain and meat trade...
Russian companies could start importing beef from Mongolia, after local businessmen discussed the possibility of a trade agreement, first of its kind between the two countries, with Mongolian businessmen. Delegates from the Mongolian National Chamber of Commerce and Industry (MNCCI) visited the Russian city of Tomsk and met with representatives...
Rising prices in Russia drove the commodity to an eight-week high on Wednesday at pan-European exchange Euronext, and fuelled hopes that west European wheat will pick up more export sales in the second half of the season, Reuters reported. Another factor in support of wheat markets were firm soybean futures in...
Russia’s Agriculture Ministry expects wheat harvest to reach 75-78 million, and probably even 80 million tons in 2019, UkrAgroConsult reports. "According to the forecast of the Russian Agriculture Ministry, wheat harvest will be 75-78 mln tonnes in 2019, an increase of at least 4% compared with last year. Meanwhile, in...
Growing demand for mussel meat in Russia is driving imports and enabling fast growth of the country’s aquaculture industry, Undercurrent News reports. Amid an ongoing embargo on seafood imports from the U.S. and the EU, Chile is emerging as a country from which Russia buys most of its imported mussels,...
The head of Russia’s state fisheries authority, Ilya Shestakov, said on Thursday his agency estimates the potential of the fishing industry at 2 trillion rubles ($31.7 billion), Port News reports. "We have conducted a research, we estimate the multiplicative effect of (Russian) fishing industry at 2 trillion rubles, which...
Russian state-controlled VTB bank, which has been expanding its grain business, plans to enter grain markets in Africa, the Middle East and Asia to increase Russian grain exports, Reuters reported on Tuesday. VTB has a stated goal of wanting to create a vertically integrated player in the grain market. In...
Libya has signed an agreement of intent with Russia on the supply of Russian wheat, the head of the contact group on intra-Libyan settlement Lev Dengov said last week, according to the Lybia Observer. "The planned estimated volume of Russian wheat supplies to Libya is one million tons annually," Dengov...
In 2019, Russia harvested a minimal rye crop over the past 50 years due to adverse weather conditions and a decrease in the sown area over the course of several decades; this led to an increase in the cost of rye flour, which became more expensive than wheat, experts...
Imported products traditionally prevail in the Russian pear market during Russian winters, with prices for the fruit supplied abroad rising this year, analysts told East-Fruit.com. The main countries supplying pears during this period are Argentina, Belgium and the Netherlands. At the same time, it is worth noting that prices for...