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…
As of September 12, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 37.4 million ha (on the same date in 2015 – 32.5 million ha), or 79.2% of the planned areas (47.3 million ha). The produced volumes reached 101 million tons of grains, with the average yield…
According to official data, as of September 12, Russian farmers had threshed 37.4 million ha (79.2%) of grains and legumes against 32.5 million ha on the same date in 2015. 101 MMT was harvested with average yield of 2.7 MT/ha (in 2015 – 81.5 MMT with 2.51 MT/ha). Wheat was threshed from 23.5 million ha…
VTB Bank is going to grant Amuragrocenter Ltd (Amursk region) a credit line of 400 million rubles for construction of soybean oil extraction plant on the territory of advanced development of Belogorsk. First funds from the bank were granted for this project in July 2015. Total sum of the project is 5.8 billion rubles. Project…
The Ministry of Agriculture of the Russian Federation stressed the deficit of capacities for grain storage in the Siberian region. Therefore, the Ministry plans to sell old crop grains in the form of humanitarian assistance or through any other channel, the Director of the Department of regulation of agricultural markets at the Ministry of Agriculture…
Russian President Vladimir Putin has all necessary information about a bribery case against executives of power producer T Plus, a part of multi-industry holding Renova Group, and former officials of the Komi Republic, spokesman Dmitry Peskov said. “In this case the president certainly has all necessary information, what is more from different sources”, Peskov said.…
There are conditions for the central bank to cut its key rate at the upcoming meeting on Friday, inflation is slowing, national top lender Sberbank CEO German Gref said. “On the whole, there are objective reasons for a key rate cut”, he said. “There is a problem that in the third and fourth quarters seasonal…