The US President, Joe Biden, has signed into law a US Congress bill requested that normal trade relations, also known as ‘most favored nation’ status with Russia be suspended. That effectively means that previous, lower WTO level tariff reductions will no longer apply to Russian exports entering the US market.
Biden had previously taken executive action to ban US imports of Russian oil, liquefied natural gas and coal, as well as Russian seafood, alcohol, (mainly vodka) and diamonds (Russia is the world’s largest producer).
These new measures open the way for the US to impose higher tariffs on various imports, such as certain steel and aluminum.
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The Committee on Food Security, established by the Lebanese government, is considering the possibility of purchasing wheat, vegetable oil and basic foodstuffs from Russia in the near future. This was stated to a TASS correspondent by the Minister of Economy and Trade of the Republic Amin Salam.
“From the point of view of logistics, such supplies are beneficial for the Lebanese side,” he said. “Besides, there are no obstacles for us to trade with Russia because of the sanctions imposed by the West.”
According to Salam, the Lebanese Ministry of Economy and Trade has established contacts with Russian partners. “We are interested in buying.
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Scientists from the Altai State Agrarian University (AGAU) and the Scientific Center for Agricultural Biotechnology in the Altai Territory have developed a probiotic preparation to be added to the feed of farm animals, which, against the backdrop of anti-Russian sanctions, will replace imported analogues. This was reported to TASS on Friday in the press service of the university.
"The modern approach to animal husbandry involves the use of probiotics, which makes it possible to obtain high-quality and environmentally friendly products. Today, there is a large volume of probiotic preparations for animals on the market, a significant share of their foreign.
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Prime Minister Mikhail Mishustin, during the annual report on the performance of indicators in the State Duma, said that Russia completely consumes itself, vegetable oil, meat and fish, and also covers 80% of domestic demand for vegetables and dairy products.
The head of the Cabinet recalled that two years ago a new practice of food security in the Russian Federation was spread. The effectiveness of its implementation, according to Mishustin, is very high.
“Our country completely absorbs itself – more than 100% – in grain and vegetable oil, fish and meat. “That is, the first delivery in terms of positions is ahead of the principles of work by almost.
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The Russian Institute of Economic Forecasting of the Academy of Scienceshas stated thatMarch’s industrial production numbers totaled 4.5% more than the same period in 2021. The increased production growth, even after anti-Russian “sanctions from hell” is attributed to enterprises having a stock of materials and products and remaining demand for Russian export products.
However, the situation is not so optimistic with domestic demand. It is precisely the low, decreasing demand which is the main obstacle for the business sector according to surveys of enterprises by the Presidential Commissioner for Entrepreneurs’ Rights.
According to the.
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Analysts of the National Credit Ratings (NKR) rating agency believe that after the restoration of supply chains, the settlement of trade margins for essential goods at the legislative level, the weakening of panic demand and retail discounts, following the results of the whole year, prices will adjust downward from current levels - by about 5 -7% relative to March. Analysts of the agency believe that prices from domestic producers will be reduced first of all.
At the same time, they do not rule out some further growth in prices for imported products in the event of new sharp fluctuations in exchange rates, as well as if the unfavorable situation in logistics persists.
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Meatinfo.ru presents a brief overview of RussianLivestock & Meat Markets in March, 2022.
In the brief reports you may find key market indicators, growth rates & price forecasts (SEE DEMO).
Avaliable on request or.
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The Ministry of Agriculture intends to tighten the turnover of meat products by changing the rules for issuing veterinary accompanying documents. In fact, the changes proposed by the ministry imply the abandonment of automated acceptance of products and the transition to its manual registration, experts explained.
Retailers fear that such an innovation will slow down logistics, and this is fraught with an increase in the price of meat and difficulties with its supply. Representatives of online trade admitted the possibility of refusal to deliver such products. The Ministry of Agriculture explained: under the current order, products infected with dangerous animal.
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Miratorg is proud of itsgigantic, gleaming plant, which rises up from rolling cropland in the countryside ofBryansk, a province 250 miles southwest of Moscow. If it was in America, it would rank among the top 15, capacity-wise.
But getting access to these facilities in the U.S. can be difficult. Andag-gag lawshave created a hostile environment for anyone who might audit a meat processing facility. And I understand why, because the slaughtering industry is caught in a difficult situation. Collectively, they have made good strides in improving sanitation, animal welfare, and worker safety. Plants today are a paradise compared to those portrayed in.
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Farming costs soar as energy and fertilizer jump, union says
Prices to jump in June after renewal of half-year contracts
German consumers should expect to pay more for dairy produce and meat as production costs hit “extraordinary” levels, according to the country’s farmers union.
Ukrainian crisis has boosted key input costs such as fertilizer, which has tripled in price in Germany. Natural gas has also spiked and is starting to feed through into the prices charged in Germany’s food chain. Further jumps are likely in June as half-year contracts between food processors and retailers are renewed, said Udo Hemmerling,.
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