In January-July Russia exported 10.885 million tons of wheat and meslin valued at $1.886 billion, the Federal Customs Service of Russia declared. According to the announcement, the major volumes of wheat were traditionally shipped to far abroad foreign countries – 10.424 million tons ($1.806 billion). In the reporting period, wheat import volumes to Russia totaled…
During the first two months of 2016/2017 MY, Russia exported 6.58 million tons of grains, down by 4% YoY, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky declared. Traditionally, in the reporting period wheat formed the basis of Russian grain exports – 5.68 million tons, up by 4.8% YoY. At…
The Ministry of Agriculture of Russia set a task to double the production volumes of corn in the country in the short term, the Director of the Department of plant growing, chemicalization and plant protection at the Ministry of Agriculture Petr Chekmarev declared. At the same time, Chekmarev reminded that in general, the Ministry planned…
Russia welcomes the decision of Saudi Arabia to develop the use of civilian nuclear technologies that is part of the kingdom’s development strategy by 2030, Russian Energy Minister Alexander Novak said. Moscow is interested in participation in Saudi Arabian projects related to nuclear power sector, the minister said. “We support the Saudi Arabian initiative aimed…
According to official data, as of August 19, Russian farmers have threshed 24.4 million ha (51.7%) of grains and legumes against 21.5 million ha as of the same date in 2015. 77.4 MMT was harvested with average yield of 3.17 MT/ha (in 2015 – 61.4 MMT with 2.85 MT/ha). Wheat was threshed from 15.1 million…
The beginning of 2016/2017 season was characterized by constantly raised grain production estimates. Revision of harvesting area expectations and record high grain yields were the main drivers of crop estimates increase. Rosstat informed that winter crops losses were only 364 thousand ha during wintering. This is 3.1% of total planted area compared to February estimates…
Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, has seen sales of its polymer-bitumen binders increase to 39,000 in H1, up 2 times YoY. This volume of polymer-bitumen binders would typically be used for laying an average 900 kilometres of high-quality road surfacing, the useful life of which would be twice as long…