Moscow | Reuters — Russia is muscling in on the markets of its European and North American competitors as it overtakes the European Union to become the world’s biggest wheat […] Read more
Russia muscling into rivals’ wheat markets
Russia now expected to leave grain tax scheme intact
Moscow | Reuters — Russia, one of the world’s largest wheat exporters, is not expected to change its current regime of taxes on grain exports, sources said on Friday, following […] Read more
Russia, China sign accords on grain quality control
Reuters — Moscow and Beijing have signed agreements on the control of grain quality, which technically open the Chinese market to Russian grain. Russian food safety watchdog Rosselkhoznadzor and the […] Read more
Russia-Turkey tensions stymie new wheat deals
Reuters — Political tension between Russia and Turkey has put a brake on new wheat deals between the two countries and created uncertainty about existing agreements, traders said Thursday. Relations […] Read more
Russia, Ukraine may cut grain crop forecasts as temperatures rise
Moscow/Kiev | Reuters — Major Black Sea wheat exporters Russia and Ukraine may cut their official 2015 grain crop forecasts as recent hot weather has raised the risks to plants […] Read more
Uncertainty over Russia’s wheat export tax seen slowing trade
Moscow/Abu Dhabi | Reuters –– Uncertainty over Russia’s new wheat export tax is slowing trade activity as traders who have signed forward contracts say they are unsure about how the […] Read more
Russia looks set to extend import ban on Western food
Moscow | Reuters –– Russia looks likely to extend a ban on Western food imports beyond an Aug. 7 deadline, with a lack of incentive to lift its embargo due […] Read more
Russia’s Uralkali to invest US$4.5B to stay potash No. 1
Moscow | Reuters –– Russia’s Uralkali will invest US$4.5 billion over the next five years to raise production capacity by 30 per cent, aiming to remain the world’s largest potash […] Read more
Russia starts spring seeding with raised hopes for harvest
Moscow | Reuters –– Russian farmers have started their spring seeding campaign with prospects for the 2015 crop brighter than first thought, the agriculture ministry said on Wednesday. Russia, one […] Read more
Russian grain exports seen reviving as informal curbs ease
Moscow | Reuters –– Russian grain exports have picked up again after a decision to impose official export duties reduced informal curbs that had all but stopped sales abroad, SovEcon […] Read more