According to the forecast of the Agroexport center subordinate to the Ministry of Agriculture, by 2024, the growth in exports of agricultural products from Russia will be 18.8%. In monetary terms, deliveries may increase by $6.98 billion compared to the level of 2021, when the volume of exports amounted to $37.1 billion. This should be facilitated by the implementation of 395 industry-specific export projects, the investment in which is estimated at 1.2 trillion rubles. The main investments - about 73% of this amount - fall on four industries: food - 21.1% (255 billion rubles), deep processing of grain - 19.8% (240 billion rubles), meat - 16% (194 billion rubles) and oil. Read more...
The departmental publication of the Rosselkhoznadzor Veterinary and Life, citing data from the federal Ministry of Agriculture, reports that the production of broilers in live weight increased by 9% in the first quarter of 2022, and analysts consider the growth trend to be stable. The main share of the increase in January-March (+9.5%) falls on agricultural organizations that produced 1.58 million tons of poultry meat. According to the ministry, at the moment Russia is fully self-sufficient in chicken meat, and this year a decision was made at the government level to strengthen the domestic breeding base for import substitution of genetic material. A plant project is. Read more...
On April 27, a business mission of Russian companies producing meat products to Armenia began in Yerevan, organized by the Federal Center "Agroexport" with the support of the Ministry of Agriculture of Russia and the Ministry of Economy of the Republic of Armenia. The events, which will last 2 days, are attended by 9 organizations from the Russian side - the largest manufacturers of meat products (Agricultural Holding Miratorg, Cherkizovo Group, GAP Resource, GC Rusagro, Agrocomplex named after N.I. Tkachev, GC "Agropromkomplektatsiya") and industry unions, with the Armenian - 25 companies and associations involved in the import, processing, distribution and. Read more...
The State Food and Drug Administration of the Kingdom of Saudi Arabia has expanded the list of companies approved by the Russian Federation for the export of meat and meat products. 4 Russian enterprises (beef, lamb) received the right to enter the Kingdom's market. Currently, 13 meat processing companies from the Russian Federation have the right to. Read more...
Polish Prime Minister Mateusz Morawiecki on Wednesday noted Russia’s success in resisting Western sanctions, expressing his regrets about the fact. “So far, we see that Russia, unfortunately, is coping well with the sanctions,”he told reporters, adding that in order to“correct”the situation, Warsaw would work on developing new penalties. Moscow has confirmed the failure of the plans by ‘unfriendly’ nations to“strangle Russia economically.” “Step by step, using all sorts of pretexts, sometimes just without any pretexts, they introduced new restrictions,”Russian President Vladimir Putin said on. Read more...
Russia's foreign trade turnover, according to the Bank of Russia, in January-February 2022 increased by 54.9% to $148.3 billion compared to a year earlier. This was reported by Rosstat. Including exports increased by 68.5% to $96 million, imports – by 35% to $52.3 billion. The trade balance remained positive, $43.7 billion. Industrial production in March 2022 increased by 3% compared to the same period in 2021. Compared to February 2022, the growth was 9.9%. In general, in the first quarter of 2022, industrial production increased by 5.9% compared to January-March 2021. This was reported by Rosstat. Three sectors of the economy out of four taken. Read more...
Opportunities seen as emerging in refined produce and packaging services for a range of Hong Kong-based suppliers and distributors. As the western‑imposed sanctions triggered by the ongoing conflict in Ukraine begin to bite, Russia’s agricultural sector and its related futures continue to provoke particular interest in many parts of the world. While the shall‑we‑shan’t‑we crude oil and natural gas supply issues preoccupy Europe and North America, Russia’s food export flows are more subject to the fluctuating agendas of many supposedly friendly nations. It’s not difficult to see why the country’s food exports have been. Read more...
In Magnit, Dixie and Megamart stores, a number of socially significant products are sold with zero trade margins. This was reported by the FAS. Recall that in July 2021, the Federal Antimonopoly Service granted the request of JSC "Thunder" (Magnit retail chain) for the acquisition of the Dixie retail chain and Megamart stores, subject to full compliance with theorderan agency that provides for a number of strict restrictions and requirements. The organization is obliged to report quarterly on the fulfillment of the requirements of the department. Thus, according to the next report received from the company "Thunder", the stores of the retail. Read more...
In the first quarter of 2022, Russians increased purchases in online stores by 59% to 1.25 trillion rubles. compared to a year earlier. The share of e-commerce in the total retail turnover was 11.2%. This was reported by the Association of Online Trading Companies. Approximately 93% of the total sales volume - 1.17 trillion rubles - falls on the domestic market (+64%), 7% - 88.6 billion rubles - for cross-border (+11%). The amount of online grocery purchases in March 2022 is twice as much as this month's data for 2021: 60.5 billion rubles and 30.5 billion rubles, respectively. If we talk about average receipts, the most noticeable increase was in. Read more...
The Ministry of Agriculture of Russia and the Association of Agricultural Producers "Narodny Farmer" have signed an agreement on cooperation on the development of small agribusiness. The ministry announced this in its telegram channel. According to the first Deputy Minister of Agriculture Oksana Lut, joint work will increase the level of interaction with the farmer movement and promptly respond to emerging difficulties in organizing the activities of small businesses. The agreement is aimed at developing an open dialogue between the department and the association. The Association has broad competencies in the field of rural entrepreneurship, and its experience. Read more...
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