Agricultural production in Russia in 2018 decreased by 0.6% in comparable prices, as follows from the preliminary data of Rosstat. In actual prices, the issue of the agro-industrial complex amounted to 5.12 trillion rubles, which is 88 million rubles less than the 2017 figures. Thus, the decline was recorded for the first time since 2012, when the agricultural production index decreased by 4.8%. In 2016, growth was 4.8%; in 2017, according to updated data on the results of the agricultural census, - 3.1%. Negative dynamics was recorded due to crop production, which fell in comparable prices by 2.4%. As the Ministry of Economic Development and Trade explained. Read more...
Russian feed production has been increasing for more than two decades, and all forecasts expect this trend to continue for the foreseeable future with record-breaking state aid promised to the feed industry by the federal government and many avenues to increase domestic grain production. In 2017, Russian companies manufactured 27.6 million tonnes of feed, the Russian State Statistical Service Rosstat estimated. For this purpose, last year the country used 45.3 million tonnes of grain, primarily wheat and barley, or 33% of overall grain production in 2017, a research conducted by the federal Agricultural Ministry showed. The actual figures, however, are higher as some. Read more...
For the third consecutive year, a grain-fed cow won the World Steak Challenge, giving it. Read more...
The memorandum to be signed on June 25 as part of President Vladimir Putin's visit. The project exceeds $1.1 billion. Source: Reuters "The amount of investment in equipment there will be about $85 million, and together with construction about $100 million," Deputy Agriculture Minister Sergei Levin said on the sidelines of a meeting of the Russian-Chinese intergovernmental commission for investment on June 24. The memorandum calls for establishing a major logistics corridor consisting of 30 facilities, including a grain terminal and 29 elevators in various parts of Russia to support shipments. The project is expected to be carried out in the. Read more...
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