Small-sized farm “Domashenkov A.G.” launched the first rapeseed crushing plant in Nizhegorodsk region with the project capacity of 12 KMT of rapeseed per day. Out of every MT of raw material the farmers plan to obtain 400 kg of vegoil and 600 kg of cake. According to Russian AgMin, thanks to the participation of farmers…Details
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As of September 1, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 32.6 million ha (on the same date in 2015 – 27.1 million ha), or 68.9% of the planned areas (47.3 million ha). The produced volumes reached 92.2 million tons of grains, with the average yield…Details
Russia can have the highest grain harvest in its entire history in the 2016-2017 agricultural year, Prime Minister Dmitry Medvedev said. “We can expect quite decent results, maybe, I do not want to say too early but these will be the results of a really high level over the last decades, maybe over the entire…Details
The Russian government has annulled the wheat export duty for two years, Prime Minister Dmitry Medvedev said. “We have decided to annul the wheat export duty for the next two years. The grain market will receive an additional stimulus for growth as the result of this”, Medvedev said. Russia imposed the wheat export duty on…Details
Export prices for Russian high-protein wheat fluctuated during the week, but showed a slight decrease. On the one hand, the pressure was caused by drop in wheat quotations on the global market (on the Chicago Board of Trade -10.2% over the week), and on the other – prices were supported by the slower pace of…Details
Cancellation of the export duties on Russian wheat will positively impact the grain supplies on foreign markets and increase the volumes by 5 million tons – to 30 million tons per year. At the same time, last year the exports reached 25 million tons, the First Deputy Minister of Agriculture Jambulat Khatuov declared. The government…Details
Russian winery Abrau-Durso plans to aggressively extend its asset volume through purchases, CEO Pavel Titov said. “We plan to show a quite aggressive behavior on the market. We want to continue merger and acquisition deals”, Titov said. Earlier in August, Abrau-Durso bought bankrupt winery Russkaya Loza for 190.35 million rubles. Titov also said that the…Details