Western buyers are urged to refuse everything Russian, including food products. But there is a problem here - people abroad have become accustomed to delicious products in Russian stores. Our exporters are confident that there will be no need to cut deliveries. It may just change directions and priorities. The correspondent of REN TV studied the new logistics. In this Egyptian store, each pack has the inscription: "Made in Russia." Not only those who are nostalgic for their homeland come here. The hearts and stomachs of the Egyptians have long been conquered by our products. “I really like Russian food, especially dumplings. I buy them every week. And. Read more...
Against the backdrop of a depreciation of the dollar from a record 120 to the current 75 rubles, importers are already reducing prices, but until the goods purchased by suppliers during the rush demand are sold out, one should not expect a sharp drop in prices, the executive director of the capital market department at Univer Capital told Izvestia » Artem Tuzov. According to the chief economist of the Expert RA agency Anton Tabakh, in the current wave of inflation, the exchange rate of the ruble against the dollar is the main factor in increasing prices for narrow commodity groups, such as medicines, food products, imported components for production, and so. Read more...
Russia will provide additional support to small agribusiness. This was reported by the Ministry of Agriculture of the country. According to the department, the developed measures will increase production volumes in this segment and involve the population in entrepreneurial activities. Agricultural producers who purchase products from personal subsidiary plots (PSP), as well as advance their production under agricultural contracts, can count on state support. Along with this, the owners must be self-employed, this will make it possible to include their products. Read more...
Russian agro-industrial enterprises quickly respond to economic and political changes in the world and in the country. Thus, the volumes of production of the main types of cereals are already increasing. For example, over two months of this year, the volume of buckwheat production increased by 24.7%, the volume of rice production - by 23.6%, the volume of corn grits - by 65.5%. In just two months of 2022, more than 270 thousand tons of various types of cereals were produced in the country. In addition, this year the main producers of cereals intend to expand the area under sowing. Also, the volume of livestock production is increasing in the country, while the. Read more...
The industry is developing steadily and demonstrates complete independence from the global economic environment. The Talina Group of Companies, one of the leading Russian agricultural holdings, invites the country's engineering forces for cooperation in order to replace spare parts imports. Confidence in the group of companies "Talina" has the most serious grounds. An integrated approach from crop production to animal husbandry and further to processing is a complete production cycle independent of external factors. This principle is formulated in a beautiful slogan - from the field to the counter. Fertile Mordovian land gives a good harvest, and an. Read more...
During the meeting on the development of agribusiness and fisheries held on Monday, Russian President Vladimir Putin urged to ensure 3% annual growth in production. “I think, we must set a realistic, reasonable target, which is to boost our domestic agriculture, food production and supporting industries to outstripping annual growth rates, higher than 3%, in the nearest future,” said the President. This would involve multiplied land development efforts and intensive utilization of new agricultural lands, the President added. Besides that, new digital technologies should be brought into farming, as well as credit availability to support. Read more...
Ukraine-related Western sanctions are pushing BRICS countries into closer economic cooperation at an accelerated pace, Russian Finance Minister Anton Siluanov said on Saturday during the first meeting of finance ministers and central bank governors of the BRICS countries, chaired by China. According to the finance minister, the “current crisis is man-made,” and the BRICS member states – Russia, Brazil, India, China, and South Africa – “have all the necessary tools to mitigate its consequences for their respective economies and the global economy on a broader scale.” Siluanov says the current US dollar-based international financial. Read more...
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. Read more...
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. Read more...
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. Read more...
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