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Tatarstan eyes $1bn biotechnologies program

05.05.2010 13:54:47

Authorities in the republic of Tatarstan have approved a $1bn Tatbioregion program - biotechnologies megaproject, regional officials report. Of the total funding, $100m is reportedly to be assigned from the federal budget, $200m is to be put up by regional authorities and $700m is hoped to be raised from non-budgetary sources

Russia to increase own share in world grain export trading

05.05.2010 13:52:27

In the season-2008/09, grain export volumes from Russia totaled 23 mln tonnes, in the terms of the export potential of 32 mln tonnes. Due to the growth of carry-over stocks, in 2009/10 MY, the index totals nearly 40 mln tonnes.

Strengthening of RUR rates and fall of world grain prices to limit exports of Russian grains

05.05.2010 13:50:25

Due to the strengthening of the exchange rates of the national currency, in March 2010, the short-received income of Russian grain exports totaled 1.35 bln RUB, declared the media department of CJSC Rusagrotrans. In March 2010, grain exports from Russia totaled 1.65 mln tonnes of grains, which demonstrated the growth of 3% compared to the level of February 2010. At the same time, the export volumes decreased compared to grain export volumes in March 2009 (2.16 mln tonnes). As a reminder, during eight months of the current MY (from July 2009 to February 2010), the market showed the continuation of the stable tendency of Russian grain export volumes compared to the same period of 2008/09 MY. The average decrease of the general export volumes of Russian grains did not exceed the level of 2%, at the same time, the general world reduction of grain export rates reached the following indices: in the USA - 24%, the EU-27 - 18%, Ukraine - 7%.

Grain harvest in Russia to exceed level of 100 mln tonnes

05.05.2010 13:48:48

According to estimations of Russian Grain Union, in the terms of favorable weather conditions, in 2010, grain production volumes in the Russian Federation will exceed the level of 100 mln tonnes, declared Arcadiy Zlochevsky, the president of Russian Grain Union, on April 27.

Russia/Ukraine: The grain gang?

05.05.2010 13:47:32

Russia and Ukraine are considering co-operation in the grain market, where both are global players

Russian Grain Union to facilitate grain exports to Southeast Asia

22.11.2009 13:30:00

The Russian Grain Union intends to facilitate grain exports to Southeast Asia. To this end, the Russian Grain Union has concluded a cooperation agreement with Sojitz, a Japanese trading and investment corporation, which plans to start grain supplies from Russia to Asian markets in 2010, the union told Interfax. "The union will look for partners for the Japanese company, arrange negotiations with Russian companies, and provide essential information," said Anton Shaparin, a union spokesman.

RF government to allow grain export shortly - Zubkov

22.11.2009 13:29:09

he Russian government will shortly allow grain export bought in the Intervention Fund, Russian First Vice Prime Minister Viktor Zubkov said. Zubkov took part in a congress of the United Russia party in St. Petersburg on Saturday. "We will wait for the Ministry of Agriculture to prepare this resolution within days. The resolution will allow export of grain bought in the Intervention Fund," he said.

Tymoshenko calls for Russia, Ukraine to cooperate in grain trade

22.11.2009 13:28:17

Ukraine's Prime Minister Yulia Tymoshenko has offered to Russia to cooperate in supplying grain to third countries' markets. "I think it would be right if we speak not only about market trade and fair competition but also partnership," Tymoshenko said a session of the Russian-Ukrainian economic cooperation committee in Yalta on Thursday.

INTERVIEW-France could export 2 mln T wheat to Egypt-Granit

22.11.2009 13:27:22

French wheat exports to Egypt could reach 2 million tonnes in 2009/10 after a good start to the campaign and should be able cope with stricter controls by Egypt, the head of grain trading firm Granit said. Moves by Egypt, the world's largest wheat importer, to tighten the terms of its international tenders have become a burning issue this year for grain traders in major exporting countries like France, Russia and the United States.

Minister says Russian government starts grain interventions

02.11.2009 15:56:47

he Russian government has started interventions on the grain market, Agriculture Minister Yelena Skrynnik told ITAR-TASS Monday. The government bought 5,400 tonnes of third grade wheat at a price of 3,300 rubles per tonne from one agricultural producer in the Altai Region during the first trading session, Skrynnik said. Russia's grain harvest amounted to 101 million tonnes in gross weight as of Monday, Skrynnik said. The net weight of grain is expected to be 7%-8% less than this amount, she added.
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