Moscow | Reuters –– Russian President Vladimir Putin has extended the country’s ban on food imports from the West by one year, longer than had been expected, in retaliation to […] Read more
Tag Archives russia

Putin adds another year to ban on Western food imports

Russia to extend ban on Western food imports to early 2016
Moscow | Reuters — Russia plans to extend a ban on Western food imports for six months starting from early August, after the European Union extended its own sanctions against […] 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

New Russian wheat tax puts exporters, traders on edge
Moscow | Reuters –– Russia approved the launch of a new wheat export tax from July 1, which traders say could threaten profits on advance contracts for the new crop […] Read more
Russian ag ministry proposes new wheat export duty formula
Donskoy | Reuters –– Russia’s agriculture ministry said on Tuesday it had finalized the methodology for the calculation of a wheat export duty that will be introduced from July 1. […] Read more
Russian wheat prices follow global benchmarks higher
Tikhoretsk | Reuters — Russian wheat export prices rose last week following an increase in global benchmarks and concerns over dry and hot weather in the European part of Russia, […] Read more

Russia may allow food imports from three EU states
Moscow | Reuters –– Russia may allow around 20 firms from Hungary, Cyprus and Greece to return to its market after it orders the lifting of an embargo on food […] Read more

Russia lifts wheat export duty, exports seen rising
Moscow | Reuters — Russia lifted its duty on wheat exports on Friday to help domestic producers and the government said the move would boost overseas sales by one million […] Read more
Russian wheat price may rise when tax removed
Moscow | Reuters — Russian wheat prices may rise in coming weeks when the government removes an export tax, set earlier this year to cool food inflation, SovEcon agriculture analysts […] Read more

Crop tour in Russia, Ukraine finds mid-sized farms under pressure
Conflict in Ukraine has left the country’s farmers in a tight spot, as they’ve told agronomist Mike Lee. Lee, who grew up in the U.K. but has managed large farms in […] Read more