Russia: US lifts sanctions from defense companies

The U.S. has lifted some of its sanctions imposed on Russian defense company Rosoboronexport so that the countries are able to cooperate under a helicopter project, Zamir Kabulov, director of the Second Asian Department at Russia’s Foreign Affairs Ministry, said. “We supplied 63 Mi-17 helicopters to Afghanistan in the previous year and in the year…

Russia to harvest record volumes of soybeans

According to the Federal State Statistics Service (Rosstat), in 2016/2017 MY the planted areas under soybeans in Russia will increase to the record level of 2.18 million ha (up by 3% YoY). According to APK-Inform forecasts, in 2016/2017 MY the general harvest of the oilseed will reach the record level of 2.71 million tons in…

Russia: wheat bran exports up in June 2016

In June Russian exporters shipped more than 76 KMT of wheat bran, up by 82% YoY (about 42 KMT). In 2015/2016 Russia exported 17% more wheat bran than in the previous season (793.5 KMT against 679.6 KMT). Traditionally, Turkey remains the key importer of Black Sea bran. In 2015/2016 Turkey increased imports from Russia by…