Belarus-based manufacturers of alcoholic beverages and beer are free to choose when to pay excise taxes to the state budget: after they ship goods to consumers, or after they receive payment for the goods shipped. Belarus’ head of state has adopted an ordinance to sustain the current practice in 2017-2018. Other Belarusian manufacturers are supposed…
An agricultural battalion has been set up in Tajikistan’s armed forces. An official ceremony of the establishment of the agricultural battalion that took place in Vahdat Township on August 17, was attended by the Prime Minister Qohir Rasoulzoda. An official source in the Tajik government says the new battalion will provide units of the Tajik…
In January-July the volume of grain shipment for exports by enterprises of PJSC Novorossiysk Commercial Sea Port (NCSP Group) totaled 2.815 million tons, down by 9.4% YoY, the press-service of the company declared on August 16. Reduction of grain prices on the global market and low-scale shipment rates by companies-exporters became the main reasons for…
The government of Russia prolonged the period for mandatory disposal of the foodstuffs under counter-sanctions which were illegally imported to the territory of the Russian Federation, until December 31, 2017. The Prime Minister of the Russian Federation Dmitry Medvedev signed the corresponding decree on August 10. According to the document, the Federal Service for Veterinary…
In June Russia exported the minimum monthly amount of barley over the last few years – 12 KMT. In 2015/2016 Russian barley exports dropped by 20% to 4244 KMT compared to record high result of 2014/2015. Exports decreased in all the key destinations except for Tunisia and Kuwait, where export volumes rose to 73% and…
Russian farmers lost about 50 billion rubles ($781 million) due to implementation of a duty on wheat exports during the last season, head of the Russian Grain Union Arkady Zlochevsky said. “As a result, during the last season farmers lost 1,000 rubles per ton. Last season sales of grain amounted to 52-63 million tons. Respectively…
Upward trend in wheat prices continues in Russian market. During last week milling wheat (12.5%) prices in Novorossiysk and Azov ports increased by $3-4 to $170-174/MT FOB and $150-154/MT FOB respectively for August and September delivery. Export prices for high protein wheat are still supported by lower supply, both on the global and domestic Russian…