The export of agricultural products of Belarus is planned to increase to $7 billion in five years, until 2025, said the head of the Ministry of Agriculture Ivan Krupko. Even in 2020, when the borders of the partner countries were temporarily closed, our products were in high demand in foreign markets. There are 10 new countries in the buyers list. These are states from Asia, Africa and America. Internal food security is also ensured. In January-November, the growth rate of agricultural products increased by 5% compared to last year. Crop production increased by 6%, livestock. Read more...
Wheat is the most produced food commodity in Russia followed by sugar beets & milk.Russia produces over 10 million tons of 7 food commodities: wheat, sugar beets, milk, potatoes, barley, corn & sunflower seed. Beef is the 18th most. Read more...
SovEcon cut its forecast of Russian wheat export in 2020/21 MY by 4.5 mln tonnes to 36.3 mln tonnes. The analysts expect farmers to postpone selling of wheat until the next season due to the implementation of export duty on the grain since February 15, 2021. “Initially we expected the duty at 25 EUR/t to cut wheat export by 2-3 mln tonnes compared to our November forecast (40.8 mln tonnes). However, the analysis of 2014/15 MY shows that the market may have stronger reaction on the duty”, - the experts suppose. SovEcon reminds that in February-May of 2015 we saw the decline of monthly wheat export to 0.4-0.6 mln tonnes from about 2 mln tonnes in November. Read more...
Cherkizovo Group, Russia's largest meat producer, and the National Intellectual Development Foundation (Innopraktika brand), an organization that supports research projects pursued by students, postgraduates and young scientists, have signed a cooperation agreement that will focus on promoting competitive domestic agricultural technologies supported by the latest scientific insights. The Cherkizovo-Innopraktika agreement provides for cooperation in several priority areas. These include creating infrastructure to propel advanced technologies in the Russian agricultural sector. As part of these efforts, the Innagro project launched by Innopraktika is expected to. Read more...
Russia is about to experience a situation that hasn't been reported in this market since 2010 as sales price for pigs are lower than the cost of production! Production continues to increase, domestic consumption is static, and feed raw material prices are increasing by 20% to 25%. Current sale price is fluctuating weekly between 100 and 110 Roubles per kg (US1.36 to $1.50) with the average cost of production stated to be at about 92 Roubles ($1.26), said the latest report from Genesus Inc. While increasing pork exports may be difficult for Russian producers due to ASF issues, a campaign to encourage pork consumption may be the key to avoid a disaster in. Read more...
Russia’s pig population is set to grow from 4 million in 2019 to 6 million by 2025, Jambulat Khatuov, deputy Russian Agricultural Ministry, said at a recent conference in Moscow. The growth of the Russian pig industry is about to accelerate on the back of sustainable growth in domestic consumption as well as exports. Over the past 5 years, Russia’s pig inventory grew by 1.2 million head, Khatuov said, adding that commercial farms accounted for nearly 90% of that growth. The growth of Russia’s pig industry captured on camera with a healthy litter of piglets drinking milk on a farm in Lipetsk region. - Photo: Vincent ter Beek Currently,. Read more...
Russia and Saudi Arabia plan to adopt a roadmap on trade and economic cooperation, Russian Deputy Prime Minister Alexander Novak said at a briefing after holding talks with Saudi Arabia’s Minister of Energy Prince Abdulaziz Bin Salman in Riyadh on Saturday,TASSreported. “Today we have also come to an agreement, and the roadmap enhancing our trade and economic cooperation has been drawn up. We agreed to sign it within the first half of next year,” he said. Novak pointed out that “in 2020, our trade has grown by nearly 60% compared to last year.” Russian Deputy Prime Minister Alexander Novak held a meeting with Saudi Arabia’s. Read more...
German businesses’ direct investments in the Russian economy totaled €1.3 billion in the nine months to September, according to the Russian-German Chamber of Commerce. The volume of investment in the third quarter alone amounted to €700 million and offset the plunge seen from April through June, according to Bundesbank data, cited by the business lobby. The Russian market offers good prospects for German corporations, along with high consumption potential, according to Rainer Seele, the president of the chamber. Seele added that the drop in investments recorded in the second quarter was connected to the Covid-19 pandemic. Moreover, the amount of. Read more...
Russia is close to completing clinical trials for a COVID-19 vaccine for domestic animals and mink and expects to begin the regulatory approval process in February, according to Russia’s agricultural safety watchdog. The Federal Centre for Animal Health began developing the vaccine in spring after the authorities established the virus could be passed from humans onto some domestic animals. Russia became the first country to give regulatory approval to a human vaccine -- Sputnik V -- in August, and is in the process of rolling it out across the country. Over 150,000 people have already received it. The Russian animal vaccine is aimed at rabbits, mink, cats. Read more...
Bilateral cooperation between Azerbaijan and Russia was discussed during the meeting between Economy Minister Mikayil Jabbarov and Russian Ambassador to Azerbaijan Mikhail Bocharnikov, the ministry reported on December 21. During the meeting, the minister noted that Russia is one of Azerbaijan’s main trade partner and a leader in non-oil exports. In addition, he emphasized the successful cooperation and great potential in cooperation between two countries in agriculture, industry, transport and transit, investment, tourism and other fields. In turn, ambassador underlined the high level of political relations between the two countries and shared his views. Read more...
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