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News

Russian poultry processor to produce L-threonine

27.09.2016 12:06:16

Russian poultry processer, Prioskolie, is to invest RUB 4.9 billion (US$64 million) into commissioning a line for the production of feed L-threonine, targeting a capacity of at least 12,000 tonnes.
Prioskolie already runs a large project for the production of feed lysine with a capacity of 57,000 tonnes per year. The line for L-threonine production will be launched at the same plant in Belgorod Oblast.

Joint Russian-German grain refining plant to be put into operation in 2017

27.09.2016 12:04:13

In the 3rd and 4th quarter of 2017, the largest plant for advanced grain refining to the value of 15 bln roubles will be put into operation in the Rostov region of Russia.

FAO forecasts higher harvest prospects for maize, wheat and rice

25.09.2016 11:20:07

Staple food prices rose in August even as grain prices fell and the outlook for global cereal production improved. The FAO Food Price Index averaged 165.6 points in August, up 1.9% from July and almost 7% from a year earlier. The monthly jump was mostly driven by cheese and palm oil quotations, while those for wheat, maize and rice all fell.

Ministry of Agriculture of Russia changes structure

25.09.2016 11:08:37

MOSCOW, RUSSIA - The Ministry of Agriculture of Russia has made changes to the structure of its central administration unit, abolishing the agricultural and food market regulation, food and processing industry and creating two separate divisions.

Russia looks to boost grain production

25.09.2016 11:04:08

By 2025, Russia expects to increase grain production to 130 million tonnes, ramping up output by nearly one-third compared to 2015, according to Russian Agricultural Minister Alexander Tkachev.

Russian Government Frees Grain Exporters from Taxes

13.09.2016 08:11:05

Moscow-The Russian government decided to meet the demands of the National Union of Grain Producers regarding the abolition of fees on wheat exports.Russian Prime Minister Dmitry Medvedev announced Friday the government had decided to waive the duty on wheat exports for two years.

World market continued pressuring Russian wheat prices

13.09.2016 08:10:00

Milling wheat price reduction was observed in Russian export market. Last week prices for milling wheat with 12.5% and 11.5% protein decreased by USD 1-2 to USD 171-172/MT FOB and USD 165-167/MT FOB in Novorossiysk port, respectively, for delivery in September.

Russia faces lack of grain storage as record crop looms

13.09.2016 08:08:17

Russia is facing a lack of grain storage as it remains on track to produce the largest cereals crop in post-Soviet history, the head of Russia's Grain Union, a non-government farmers' lobby group, said on Tuesday. Arkady Zlochevsky, the head of the union, told a briefing in Moscow he expected a grain crop in a range of 114-118 million tonnes, including 69.5 million tonnes of wheat.

USDA: Russia to become world's largest wheat exporter

13.09.2016 08:07:17

The USDA raised Russia's production forecast on "excellent growing conditions throughout the country and harvest reports showing very high yields."
WASHINGTON, D.C., U.S. - Russia is expected to be the world's largest exporter of wheat in 2016-17, which, if realized, would mark the first time the nation has achieved the feat.

Bumper Russian wheat harvest to hit Australian farmers

13.09.2016 02:14:22

Russia has become the world's biggest exporter of wheat, knocking Australia out of global top three ranking and posing a serious threat to the future of Australia's $12 billion grain industry.
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