Russia: Egypt purchases wheat

On July 15, Egypt purchased 300 KMT of milling wheat from Romania and Russia for shipment during August 21-30, at the average price of $175.16/MT C&F. The price in the previous tender equaled $173.03/MT C&F. In the previous tender, on July 12, Egypt bought 180 KMT of Ukrainian and Russian wheat to be shipped during…

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Azerbaijan and Afghanistan mull creation of joint enterprises

Azerbaijan and Afghanistan discussed the creation of joint enterprises to produce food products, said Azerbaijan’s Economy Ministry. The discussions were held within the meeting of Azerbaijan’s Economy Minister Shahin Mustafayev with Afghanistan’s Ambassador to Azerbaijan Mohammad Taqi Khalili. The economic cooperation between the two countries and other issues of mutual interest were also discussed during…

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Russia: AGCO-RM and the Ministry of Agriculture sign agreement for provision of subsidies for tillage equipment

AGCO-RM (a joint venture of AGCO, the international manufacturer of agricultural equipment, and the Russian corporation “Russian Machines”, part of the Basic Element Industrial Group) and the Ministry of Agriculture of the Russian Federation have signed an agreement for provision of subsidies for tillage and seeding equipment under Challenger brand. The subsidies will cover up…

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