Russia is not ready to remove a grain import duty, Deputy Prime Minister Arkady Dvorkovich said on Tuesday, a move that would open Russia’s market to foreign wheat to ease tight domestic supplies after last year’s poor harvest. "No," said Dvorkovich when asked by Reuters whether he was prepared to support such a proposal. He
Russian ag chief says not ready to lift grain import duty
Pork shippers to meet Russia’s new requirement
Canadian pork shippers will comply with Russia’s new zero-tolerance requirement for the feed additive ractopamine in meat shipments, Canada Pork International said Wednesday. In a letter to Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (VPSS), the industry group said that, as of Dec. 7, all Canadian pork exports destined for Russia are being tested
Collective farm emblematic of Russia’s new farm scene
This year’s wheat, piled in steel sheds on the Banner of Lenin collective farm, shimmers greyish gold in the dusty air, a vision of plenty worthy of a Soviet propaganda poster. In Soviet times, the 15,000-hectare farm in Russia’s Black Sea breadbasket region of Krasnodar, stuck to growing wheat, but over the past two decades
Russia deputy PM sees no need for grain export limits
Russia has no grounds to ban grain exports this year, a senior government official said Tuesday as a top analyst said drought damage and low stocks could slash Russian wheat exports to just 10 million tonnes. A newly formed commission on food security is due to meet on Wednesday under the chairmanship of Deputy Prime
Russian traders fear resumed export restrictions
Prices for Russian export wheat jumped again last week as traders confronted bare elevators in Russia’s southern export regions and hesitated to buy grain inland for export, fearing export duties could be imposed and stop it leaving Russia. Traders and analysts believe Russia’s government, which has said Russia should export no more than 23 million
Russia to determine grain export cap Thursday
Russia’s government will determine on Thursday how much grain can be exported during this crop year before it considers imposing a protective duty to keep grain in the country, Deputy Prime Minister Viktor Zubkov told Reuters. "The day after tomorrow I will hold a meeting. We will decide and I will give some signals," Zubkov
Black Soil Field’s Yield Returns To Average After Drought
After enduring a season as hard as any in living memory, the farmers who cultivate these Black Soils wheat fields say their yields should recover to normal after massive drought losses last year. The winter wheat, to be harvested in July, was planted in nearly dry soil but the rains came just in time, said
Signs Of Trouble In Snow For Russia’s New Crop
Conditions for Russia’s coming harvest are not as favourable as thought, industry observers said Feb. 26, citing evidence of patchy snow cover and potential lack of supplies for spring sowing. “It doesn’t look as optimistic as it might,” president and chief executive of Russia’s SovEcon think-tank Andrei Sizov told a conference in Altai, a key
Investors see asset grab in Russia potash mine probe
“This is an opportunistic move to gain a foothold in that industry.” – Chris Weafer, Uralsib A renewed probe of a two-year-old accident at potash miner Uralkali has landed a fresh blow on fragile confidence in Russian stocks and raised fears of a state asset grab, analysts and fund managers said Nov. 11. London-listed shares