Russian agricultural exports to Saudi Arabia have doubled since the beginning of the year. Almost 3 million tonnes of agricultural and food products worth 637 million dollars were shipped to the Kingdom. Saudi Arabia is the largest buyer of Russian barley. As of 29 November, its deliveries increased to 484 million dollars, which is 2.3 times higher compared to the same period last year. Exports of confectionery products rose by 19% to 33 million dollars. Beef exports increased from 325 thousand dollars in 2019 to 14.6 million dollars in 2020. The export development was facilitated by the decision of the Saudi Grains Organization (SAGO) to mitigate the requirements. Read more...
On July 14, the Russian-Japanese Dialogue was personified by the deputy ministers of the agrarian bodies of Russia and Japan, Sergei Levin and Makoto Osawa, who discussed the prospects of expanding bilateral fish and agritrade In January-May 2020, compared with the same period last year, the agricultural turnover has been increased by 14% and amounted to $86 million, whilst Russian deliveries over the specified period increased by 21% (up to $67 million). The key items of Russian exports to Japan are frozen fish, crustaceans, corn, wheat and meslin. “Russian grain export potential is growing much, so, due to geographical proximity of our countries, we consider. Read more...
On February 12 the Ministry of Agriculture of Russia hosted another meeting of the Russian-Serbian Working Group on Agriculture. The event was presided by the heads of the Russian and Serbian parties–the Deputy Minister of Agriculture Sergey Levin and the State Secretary of the Ministry of Agriculture, Forestry and Water Resources of the Republic of Serbia Bogdan Igich. The meeting participants observed agricultural cooperation, and also veterinary and phytosanitary surveillance. Sergey Levin ticked off obviously positive dynamics in trade relations all over national agricultural sectors of both countries. He reported that last year the agritrade turnover increased by. Read more...
Beef and poultry are the products that can make a difference for Belarusian exporters of agricultural goods. Belarus aims to increase its presence in the Chinese market with the help of dairy, red meat and poultry products. In fact, the country's Deputy Prime Minister Mikhail Rusy hopes that exports will reach the ceiling of $100 million this year, informsBeltanews agency. That will be almost a 6 fold increase in value, considering the fact that agricultural exports to China in 2017 accounted for $17 million. "Last year we exported $17 million worth of agricultural products to China. We believe that this is not enough as the market is very big. We aim for. Read more...
Russia and the Philippines are prepared to increase bilateral trade in agricultural products, Russia's Agriculture Ministry said after a meeting between Deputy Agriculture Minister Sergei Levin and the deputy agriculture minister of the Philippines, Dennis Guerrero. They discussed the current state and prospective areas of cooperation between the two countries in agriculture, including development of trade, providing access for agricultural products to the markets of Russia and the Philippines, as well as technical cooperation. Read more...
A sliding U.S. dollar could boost corn and soybean exports, but wheat remains under pressure from foreign competitors with weaker currencies, according to analysts. Last week, the U.S. Federal Reserve Bank said it would leave interest rates unchanged, and that it would seek an interest rate hike of only 2% in 2016. The move weakened the dollar, raising hopes that it could hike agricultural exports. “It has been a plus for price action in corn and beans. We’ve seen some good numbers; wheat lagged behind,” said Ted Seifried of Zaner Ag Hedge in Chicago. “Anything should help wheat,” he added. “The biggest impact, because it. Read more...
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