GFM Network News

Russia is back in the wheat business

Russia expects to reprise its role as a leading grain exporter this season thanks to a good harvest after last year’s severe drought forced it to impose an export embargo, the agriculture minister said.    Russia sees grain exports of 18 million tonnes in the 2011/12 crop year that began this month, Yelena Skrynnik was quoted

Russia Could Return To The Wheat Market

Russia can regain its place among the world’s top-three wheat exporters in the coming years as long as it can avoid catastrophes such as last year’s massive drought, which resulted in it banning grain sales abroad. Russia had plowed capital into its grains infrastructure as part of a longer-term strategy to push into international wheat

Russia Needs 80-Million-Tonne Crop

Russia will need to reap at least 80 million tonnes of grain in the 2011-12 crop year to cover domestic needs, Arkday Zlochevsky, president of powerful grain lobby the Russian Grain Union, said Nov. 18. Russia, formerly the world’s third-largest wheat exporter, was hit by its worst drought in over a century this summer. As

Russian Grain Producers Form Industry Lobby

Russian grain growers have formed a new lobby which aims to defend the interests of growers rather than traders, the head of the new lobby, the National Grain Producers Union (NGPU) said March 23. “The grain glut problem is very acute,” the head of the NGPU Pavel Skurikhin, who is also the chairman of major

Russia To Give $3.4 Billion To Agriculture In 2010

The Russian government will give about $3.42 billion to support agriculture this year, to help keep sowing areas stable and to increase meat production, Prime Minister Vladimir Putin said March 19. “In 2010, the federal budget alone will dedicate over 100 billion rubles ($3.42 billion) to support agriculture,” Putin said on a conference call on

Russia To Boost Grain Exports

Russia should try to export at least 20 million tonnes of grain in the 2009-10 season to match record volumes achieved in the previous season, a senior government official said Feb. 8. “Despite an unfavourable price situation on the world markets, the volume of exports of grain last year exceeded 22.5 million tonnes,” First Deputy

Russians Shun Red Meat, Turn To Fowl

Russia will consume 20 per cent less pork and beef this year and cut imports substantially as the global economic crisis drives consumers to buy cheaper poultry meat, the head of the National Meat Association said. Meat processors are also adding more offal to their sausages as consumers cut spending on food products to weather

Russia combines assets to great new grain player

The Russian government has sent a draft decree on creating a grain-trading company on the basis of state-owned assets to President Dmitry Medvedev for signing, powerful grain industry lobby said Jan. 12. “Once the decree is signed it will take one month or one month and a half to effectively transfer the assets,” Arkady Zlochevsky,

Russian farmers face financial crunch

“Farmers are having to unload their production at low prices to repay loans.” Russian agriculture needs more than $34 billion from a government rescue package by the end of 2008 to refinance loans and ride out the global financial crisis, the head of the country’s grain industry lobby says. Russian Grain Union president Arkady Zlochevsky