GFM Network News

Russia is back in the wheat business

Russia expects to reprise its role as a leading grain exporter this season thanks to a good harvest after last year’s severe drought forced it to impose an export embargo, the agriculture minister said.    Russia sees grain exports of 18 million tonnes in the 2011/12 crop year that began this month, Yelena Skrynnik was quoted […] Read more

Russia Battles Spread Of Swine Fever

Reading Time: < 1 minute Russia will need 10 billion to 12 billion roubles ($355 million to $425 million) and seven years to extinguish the rapidly spreading viral disease African swine fever (ASF), the country’s chief veterinarian said April 18. Nikolai Vlasov, who is also deputy head of the Russian animal and plant health agency, said it had proposed a […] Read more

Russia Could Return To The Wheat Market

Reading Time: 3 minutes Russia can regain its place among the world’s top-three wheat exporters in the coming years as long as it can avoid catastrophes such as last year’s massive drought, which resulted in it banning grain sales abroad. Russia had ploughed capital into its grains infrastructure as part of a longer-term strategy to push into international wheat […] Read more

Weather Cuts Russian And Ukraine Crops

Reading Time: 2 minutes Leading Black Sea grain exporters Russia and Ukraine could reduce shipments in the current season that started in July as drought may have reduced the 2009 crop, analysts, producers and traders said July 28. Their forecasts range from 85 million to 95 million tonnes, with the trader WJ Group’s ProZerno at the top end of […] Read more