News
05.11.2014 01:21:04
Russian grain exports for 2014/15 may reach a record high of 32 million tonnes, according to forecasts by the socio-economic development of the Russian Federation, published on the web-site of the country's Economic Development Ministry.
05.11.2014 01:20:20
Russia's autumn-sown grains crops are heading into winter "even worse" condition than five years ago, when losses from cold weather, and summer drought, sent wheat production tumbling, SovEcon warned.
05.11.2014 01:19:42
After being conspicuous in it's absence from the export market for several weeks, Russia has returned to the world wheat market, writes Brenda Mullan, Analyst, AHDB/HGCA Market Intelligence.
05.10.2014 08:00:28
Timur Shagivaleyev, the general director of Alabuga SEZ (Tatarstan Republic, Volga), states the SEZ intends to attract investments of at least RUB 5bn (EUR 100.80mn USD 127.74mn) and 10 new residents in 2015. Projects which are the most promising for investors include those concerning polymer processing, grain processing, the oil and chemical sector, construction materials production.
05.10.2014 07:59:19
The commissioning of LLC Donbiotech's grain processing plant for amino acids production, which is currently under development in Rostov Oblast, Russia, may be moved from 2014 to 2Q 2015 or 3Q 2015. The delay is caused by some problems, including funds, infrastructure and conflict with energy company Lukoil-Rostovenergo over the connection of the facility to the Volgodonsk CHP power plant. The project, a joint venture between Donbiotech and Germany-based Evonik, will include facilities to manufacture Biolys-branded granulated lysine sulfate and by-products like starch, gluten and bran. The wheat processing units are capable of converting 250,000 tonnes/y of wheat into 100,000 tonnes/y of lysine, which are meant to be delivered to animal feed and processing industry markets. A construction permit has already been secured by Donbiotech and just needs to obtain requisite files by Oct 2014 to formally start the plant's construction.
05.10.2014 07:58:34
The Russian Grain Union raised the forecast for the grain harvest this year to 104 million tonnes against an earlier estimate of 102 million tonnes. "A gross harvest of 104 million tonnes in weight after processing is expected," Grain Union president Arkady Zlochevsky said at a press conference in Moscow on Wednesday.
02.09.2014 07:53:33
A significant rise in the cost of borrowing for Russia's agricultural sector, partly caused by western sanctions, is fanning a grain export rush as farmers cash in on crops to repay increasingly expensive bank debt.
02.09.2014 07:52:48
Prime Minister Dmitry Medvedev said the progress in the harvesting campaign looked high enough to expect Russia would be able to offer 25 million tonnes of grain on the world market.
07.11.2013 04:07:57
As of November 5, agrarians of Russia continued harvesting grains and pulses, and as of the reporting date the harvested areas reached 40.9 mln ha (92.9% of the forecast), up 2.3 mln ha compared with the same date in 2012. Russia already produced 91.6 mln tonnes of grains (in 2012 - 72.8 mln tonnes). The average yield totaled 2.24 t/ha (in 2012 - 1.89 t/ha), announced the Ministry of Agriculture of the Russian Federation.
07.11.2013 04:06:11
The Russian government has approved a development programme for the biotechnology and genetic engineering industries for the period to 2019. Included in this will be increased use of renewable energy sources. The market in biotechnology and genetically modified products was Roubles 128 bn (EUR 2.92 bn) in 2012. Roubles 180 bn is targeted for 2015 and Roubles 300 bn for 2018. With exports of just Roubles 1 bn, Russia's share of the market in biotechnology and genetically modified products is just 0.1%. If everything goes to plan, exports will grow to Roubles 50 bn. Some products such as biofuels or compostable products are still not produced in Russia: this too will change. Refineries for biofuels and plant-based fuel additives are to be erected. The proportion of biofuel and additives in overall fuel consumption is to increase to 8% in 2018.
