Russian Forum for Wet Milling & Industrial Biotechnology "Graintek-2017"
IX Forum for Wet Milling and Industrial Biotechnology "Graintek-2017" will be held on November 15-16, 2017 in Moscow, Russia.
Technical Workshop "GrainExpert" for technical specialists of grain processing & fermentation plants will be held on November 17, 2017.
Grain processing (wet mill) industrial site visit will be organized on November 14, 2017 (tbd).
According to the Russian statistics agency, farming, procuring and processing entities held 28.3 MMT of grain as of April 1, 2017, or 18.6% more than at the same time last year, informs UkrAgroConsult.
Russian wheat export prices fell last week due to low activity in the market ahead of the new crop arrival this summer and also because of a continuing trade dispute with Turkey, Russian agriculture consultancies said on Monday.
At the moment, soybean plantings in the country total some 2 Ml ha while the 2016 overall harvest was at 3.2 MMT with a yield of 1.55 MT/ha, reports UkrAgroConsult.
While trade fosters prosperity and peace, trade barriers heighten the risk of economic weakness and major political and social upheaval, said David W. MacLennan, chief executive officer of Cargill.
Although some analysts say its goals are too bold, the Ukrainian government is standing by its claim that the country is going to nearly double its grain production by 2020. Agricultural Minister Alexei Pavlenko recently forecast that Ukraine expects to increase grain output to 100 million tonnes by 2020, up from 60.2 million tonnes in 2015, with exports rising to 70 million tonnes from 31.6 million tonnes during that period.
BioAmber Inc. recently announced that its joint venture with Mitsui & Co. has achieved the final operational milestone set out in a CAD$20 million commercial loan that the joint venture drew down in 2015. BioAmber Sarnia demonstrated performance levels validating commercial operation, as defined in its loan agreement with Comerica Bank, Export Development Canada and Farm Credit Canada.