Corn harvesting in Russia is gaining pace. This grain harvest has been gathered from about 20% of the intended area, but it is already clear now that Russian corn production will be record high. The starting yields pleased producers. Moreover, as harvesting proceeds, corn productivity increases. Given the expansion of corn acreage in the country…
Squeezed consumer budgets are encouraging a marked shift in the Russian protein market, as beef consumption falls to record lows, while pork gains ever stronger market share, US officials said. The tightness in beef imports, caused by political spats and the weak rouble, is encouraging this trend. And pork producers are having much more success…
Aeroflot PJSC announced traffic statistics for Aeroflot Group (“the group”) and Aeroflot – Russian Airlines (“the company”) for August and the first eight months of 2016. In the first eight months of 2016, Aeroflot Group carried 28.7 million passengers, up by 8.9% YoY. Aeroflot airline carried 19 million passengers, up by 10.2% YoY. Group and…
Southeast Asian countries are interested in Russia’s unmanned aerial vehicles (UAV), Deputy Director of Russia’s state arms exporter Rosoboronexport Sergey Goreslavsky said. “We currently see sustained interest in technology including the Orlan UAV. Fruitful talks on this subject took place during the recent Army-2016 forum. We had a delegation from Thailand. The same subject is…
Russian wheat export prices rose last week for the first time since mid-August, buoyed by demand from Egypt after it dropped its policy of not importing wheat containing the ergot fungus. Egypt’s state importer GASC bought 240,000 metric tons of Russian wheat last week, in its first successful tender purchase since abolishing the rule. Egypt…
Oil market supply and demand can come into balance already in the second half of 2017 with market methods even if no agreements on the market stabilization are reached at the upcoming meeting in Algeria, Russian Energy Minister Alexander Novak reported. “Everything will depend on demand, supply, on the economic situation of many countries that…
The Russian Knights aerobatic team based in Kubinka near Moscow has started receiving the first Sukhoi Su-30SM (NATO reporting name: Flanker-C) multipurpose fighter jets, some Russian Internet sources recently said. According to public sources, the Irkutsk Aircraft-Manufacturing Plant, part of the Irkut Corporation, manufactured the first Su-30SM fighter jet in September. The plane was given…