In January-May 2024, the volume of pork exports from the Tambov region reached $20.4 million, which is 17.2% higher than last year. Thus, the region not only contributes to ensuring the country’s food security, but also successfully implements the goals of the national project “International Cooperation and Export.” At the moment, three Russian pork producing enterprises have been registered by the General Administration of Customs of China and have received permission to export their products to this country. One of them is the Tambov Bacon enterprise. The Tambov region is actively expanding cooperation with a friendly country. Opening access to. Read more...
The requirement for the mandatory sale of foreign currency earnings by the largest exporters has been reduced from 80% to 60%. “The decision was made taking into account the stabilization of the national currency exchange rate and the achievement of a sufficient level of foreign exchange liquidity,” the government said in a press release. The decision will be valid until April 30, 2025. It applies to exporters operating in the fuel and energy complex, ferrous and non-ferrous metallurgy, chemical and forestry industries, and grain farming. On June 1, the government made changes to the rules for the sale of foreign currency earnings by exporters, according. Read more...
Based on the results of this year, pork consumption by Russians can exceed the new level of 32 kilograms per capita. As the press service of Rosselkhozbank (RSHB) reported, this forecast was voiced by the head of the Center for Industry Expertise of the Russian Agricultural Bank, Andrey Dalnov. Due to this, in his opinion, the product can come close to its competitor and leader in the Russian meat basket - broiler meat. The analyst noted that this figure began to show a stable annual increase since 2014, and at the end of last year for the first time exceeded 30 kg, which is 29.4 percent more than a year earlier. The expert explained the increase in consumption of. Read more...
Russia and Vietnam are deepening cooperation in agriculture, expanding the volume of food supplies. Russian President Vladimir Putin said this after a meeting with the head of Vietnam To Lam in Hanoi. “Bilateral partnership in agriculture is developing, mutual supplies of agricultural products are growing, and their range is expanding,” the head of the Russian state emphasized. He also noted that the Vietnamese holding TH Group is building milk processing plants in several Russian regions, including the Kaluga region and Primorsky Krai. Last year, the first stage of construction of a livestock complex in the Moscow region for 6 thousand heads of. Read more...
Russia isuccessfully substitute importproducts in a number of industries, Prime Minister Mikhail Mishustin said at a meeting of the Russian government. “In almost every industry today, a state import substitution program is actively being implemented, which is aimed at creating sustainable economic sovereignty. There are significant results in the energy sector, in the aviation industry, in the food industry, in shipbuilding, and in the field of mineral fertilizers,” he said. As Mishustin stated, food production has been effectively organized, which allows the country to provide itself with grain, vegetable oil, fish, meat, potatoes, milk, vegetables and. Read more...
The largest poultry farm in the Donetsk People's Republic (DPR), Ekoprodtorg, is undergoing significant changes in its infrastructure thanks to government support. According to information received from TASS acting. Deputy Chairman of the Government of the Republic - Minister of Agricultural Policy and Food Artem Kramarenko, the enterprise received a subsidy in the amount of 100 million rubles for the modernization of the slaughterhouse. The miner's poultry farm, part of the Ekoprodtorg company, is the largest poultry farm for the meat sector of poultry farming in the DPR. The investments planned for the modernization of the slaughterhouse exceed 100 million rubles,. Read more...
Uzbekistan and the United States have announced a major new agreement that clears the way for U.S. meat shipments to Uzbekistan starting June 1, 2024. This decision became part of a strategy to diversify trade and investment relations between the two countries. US Trade Representative Katherine Tai expressed satisfaction with the opportunity for US companies to export meat and chicken to Uzbekistan. This step emphasizes the importance of developing bilateral relations and supporting economic cooperation. In addition, the parties confirmed their readiness to further diversify trade and investment ties. The American side expressed support for the efforts of the US Congress. Read more...
The Ministry of Agriculture has prepared plans to increase the production of agricultural products by 2030, including those in demand in foreign markets. Minister of Agriculture Oksana Lut said this following the results of the strategic session in the government on the national projects “Long and Active Life” and “Technological Ensuring Food Security”. According to President Vladimir Putin’s decree on national development goals, agricultural output should increase by 25% relative to 2021. During the strategic session, Prime Minister Mikhail Mishustin recalled that Russia is the world's largest exporter of wheat and the second. Read more...
The results of the working visit of the delegation of the Federation Council Committee on Agricultural and Food Policy and Environmental Management to the PRC were summed up by the Chairman of the Committee, Alexander Dvoinykh. Also included in the delegation were Deputy Chairman of the Federation Council Committee on Agricultural and Food Policy and Environmental Management Belan Khamchiev and member of the Federation Council Committee Alexander Narolin. Alexander Dvoinykh recalled that the senators held business meetings with the Chairman of the Standing Committee of the National People's Congress Zhao Leji and the leadership of the relevant committee of. Read more...
Consumer price growth accelerated to 0.74% in May after rising 0.5% in April, Rosstat reported. In annual terms, inflation amounted to 8.30% after 7.84% in April. The price increase in May was higher than analysts' forecasts, who expected inflation at 0.53% Inflation in Russia in May 2024 amounted to 0.74% after 0.50% in April, 0.39% in March, 0.68% in February and 0.86% in January, the Federal State Statistics Service (Rosstat) reported. In January-May 2024, prices increased by 3.22% (in May 2023, inflation was 0.31%, and in January-May 2023 - 2.38%). Inflation in May 2024 significantly exceeded analysts' expectations - the consensus forecast of. Read more...
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