Tuesday, May 21, 2024
Leading Russian fertilizer company PhosAgro was in Berlin earlier this month to attend the Green Week and promote its ecologically friendly fertilizers as Russian corporates increasingly embrace the need to build sustainable businesses, bne Intellinews writes. “Green Week is a unique opportunity for Russian managers to show off what they have...
The devaluation of the ruble and relatively high grain prices have bolstered Russian farmers’ confidence, with the average price for wheat on the domestic market soaring by 1,000 rubles ($12.3) reaching almost 13,300 ($164.6) per ton over the week, Kommersant writes. The primary reasons for the spike in grain prices...
The Cabinet of Ministers of Russia will allocate 6 billion rubles to recapitalize the state leasing company Rosagroleasing, RIA Novosti reported. “Some 6 billion rubles will be allocated to replenish the working capital of the joint-stock company. The order was signed by Prime Minister Mikhail Mishustin,” the Cabinet of Ministers...
The Bank of Russia notes a decrease in prices for products that are included in the borsch set, and this trend will continue, said the head of the Bank of Russia Elvira Nabiullina, local media reported. "In our opinion, this is a seasonal story, it is not related to what...
Negotiations on the supply of wheat from Russia and Kazakhstan to Iran have reached a deadlock, as the parties could not agree on financing, Reuters reports. The negotiations on the supply of Russian and Kazakh wheat to Iranian flour mills began six months ago. "The Iranian side had its own condition...
No substantial changes in Russian wheat export prices were recorded during last week as the holiday season reached its peak and markets entered the holiday week pause, UkrAgroKonsult reports. 12.5% protein wheat became slightly cheaper on the year-end slowdown in trading activity. In general, the market was actually flat in...
Russia imported the lowest volume of greenhouse vegetables in January in the past three years, analysts from analytics agency EastFruit said in a note, according to APK-Inform. Compared with January 2018, the value of greenhouse tomato, pepper and cucumber imports decreased by 15.2%, down to $79.5 million, the report...
Russia’s government and industry have jointly pursued the adoption of electronic seafood marketplaces in order to overcome vast distances between the country’s largest seafood-producing region and its biggest consumer markets in the center of Russia, Seafood Source reports. In 2013, Russian President Vladimir Putin ordered the launch of online trading...
After growing consistently over the past decade, Russian poultry production dropped by 5.1% to 1.5 million tons in the first five months of the year, Global Meat News reported.   Frozen poultry production down by as much as 24% year-on-year, the news website wrote, citing official data and industry estimates. According...
Russia’s production of salmon and trout is turning the country into a global player as farms are springing up around the nuclear submarine and missile bases on the Kola Peninsula, near Norway, Fish Farmer Magazine reports. Ilja Sosnov, director of the biggest salmon company, Russian Aquaculture, has said that the...