Experts of Rusagrotrans CJSC increased their estimations of the general grain harvest in Russia in the current year to 113 million tons, as opposed to 110 million tons of the previous forecast, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky declared on July 27. According to the analyst, the harvesting…
In the Azov Sea basin grain freight rates continue to grow. At the same time, their growth potential was somewhat limited by events in Turkey and concerns about safety of merchant shipping in the region, which caused some pause in trade. However, Russian sources inform that later Turkish importers resumed buying grain, despite the instability…
As of July 21, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 8.1 million ha (on the same date in 2015 – 6.7 million ha), or 16.2% of the planned areas (47.3 million ha). The produced volumes reached 32.7 million tons of grains, with the average yield of…
Ethiopian authorities are interested in the import of Kazakhstani grain, the Extraordinary and Plenipotentiary Ambassador of Kazakhstan to Ethiopia informed. “Grain export is one of the ways to cooperate with Ethiopia. There are two ways to deliver grain to that country – Iran and the Novorossiysk Sea Port. Ethiopia is ready to buy our grain.…
In January-June Ukrainian flour milling enterprises produced 888 thousand tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared. At the same time, the production volumes in June totaled 132 thousand tons, up by 0.7% MoM and down by 14.6% YoY. In January-June the production volumes of crude sunflower oil in…
Isolate company, based in Israel, received the government permission for construction of soybean crushing plant in Lipetsk industrial zone. 3.3 billion RUR are going to be invested in this plant, which should be launched in 2018. The peculiarity of this plant is the fact that not only soybean oil and feed components are going to…
Since the beginning of 2016/2017 MY, and as of July 20, the volume of grain exports from Russia totaled 1.2 million tons, down by 7.4% compared with the same period last season (1.3 million tons), the Ministry of Agriculture of the Russian Federation declared. According to the announcement, the wheat volumes formed 835.7 thousand tons…