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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.

During four months of 2009/10 MY, Ukraine exported 9 mln tonnes of grains

02.11.2009 15:55:45

Ukrainian Agrarian Confederation forecasts the volumes of general grain production in Ukraine in 2009 at the level of over 47 mln tonnes, including over 10 mln tonnes of maize. Even the rates of grain exports exceeds the previous year export volumes, when grain harvest totaled 53 mln tonnes, declared Sergey Stoyanov, the general director of the organization

Black Sea states may export 49 mln T grain in 09/10

02.11.2009 15:54:22

Leading Black Sea producers, Russia, Ukraine and Kazakhstan, may ship to the world markets up to 49 million tonnes of grain in the current 2009/10 crop year, down from 54 million in the previous season, officials said. Top regional producer Russia, which is finishing this year's harvesting campaign, officially estimates its grain crop in 2009 to be up to 93 million tonnes, although analysts believe the crop may be higher.

Transport co: Russia's grain exports down 8% on yr in Jul-Oct

02.11.2009 15:53:33

Russian grain exports fell 8% on the year to 8 million tonnes in July-October, Russia's Rusagrotrans, which specializes in the shipment of grain by rail, said Monday. The company's analytical service, however, expects grain exports to rise 25% on the year to 2.1 million tonnes in November.

Russia to start grain interventions on November 2

27.10.2009 21:43:43

In the current year, governmental purchasing interventions on the market of grains will start on November 2, declared Elena Skrynnik, the Minister of Agriculture, on October 23. According to her, the exchange market trading operations will start on November 2, the government will provide interventions rather pointwise and selectively On October 21, the United grain company started providing accreditation of agricultural producers for participation in the intervention.

Russia increases grain exports 3 times

27.10.2009 21:42:34

According to the data of the Bank of Russia, during January-August of 2009, the foreign trade turnover of Russia totaled 293 bln USD (56.2% to January-August of 2008), including exports - 179.1 bln USD (54.3%), imports - 114 bln USD (59.6%).

Newswire: Russian grain processor PAVA prospecting opportunities in the Middle East

02.10.2009 22:16:27

PAVA plans a trip to Middle East to update investors on the new business projections PAVA, one of the leaders of Russian agro-processing sector, plans to enter into strategic alliances with investors from the MENA region. The company said it has scheduled a trip to KSA and UAE for the beginning of October to conduct a series of meetings with strategic and financial partners. They will be updated on the company progress with the new projects in farming and deep processing. Looking to finance further transition to a vertically integrated agribusiness, PAVA is now offering a stake in the company's agricultural operations.

FoodBizIntel: Grain processing business in Russia: opening up export opportunities

02.10.2009 22:13:17

Russian flour market is highly competitive, however there are companies which, due to outstanding product quality and cost controls, have secured a stable share. As a rule, they have a favourable geographic location - next to the major agricultural production areas. The largest flour producing regions in Russia are the Altay Territory (Western Siberia), the Chelyabinsk region and several Volga regions; the highest consumption is recorded in the Altay Territory, Moscow and the Moscow region, the Krasnodar Territory and the Chelyabinsk region

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