GFM Network News

Russia to face milling wheat, rye deficit

Reuters / Russia’s miller’s union said it has asked the government to ease conditions for importing wheat from Kazakhstan and rye from Germany this spring to cover a shortage after drought slashed grain crops. Russia, historically the world’s No. 3 global exporter, was hit by hot and dry weather this year, which slashed its wheat

Deere Eyes $500-Million Investment In Russia Farm Boom

Deere and Co. , the world’s largest farm equipment maker, is on track to spend $500 million building new plants in Russia and offering credit lines and other services to farmers within the next six years. Deere chairman and chief executive Samuel Allen said April 27 that Russia, the European Union, South America and Asia