Russia is proposing BRICS countries set up a grain exchange that would give Moscow greater control over international prices for its agricultural exports, ahead of a group summit that will be attended by leaders of top global grain producers and buyers.
Russia seeks more control over global food prices with BRICS grain exchange
Russia’s Kursk region declares emergency due to winter grain crop failure
Russia's Kursk region has introduced emergency measures due to a drought which killed winter grain crops, the local government said on Thursday.
Harsh weather curbs global wheat output, buoys prices
World wheat inventories have fallen from record highs five years ago, U.S. data shows, as poor weather hurt output and Russia's 2022 invasion of Ukraine temporarily spiked grain prices.
Russia says grain harvest hit by Ukraine war, bad weather
Russia's grain harvest will be hit by the impact of Ukraine's attacks on grain-producing regions close to the border and by bad weather in many other regions.
Ukraine farm sector indirect losses may reach $83B due to Russian invasion, analysts say
Indirect losses in Ukraine's key agricultural sector caused by the Russian invasion could reach $83 billion by the end of 2025, mainly due to falling harvests, the Kyiv School of Economics (KSE) said on Thursday.
Russian drones attack port infrastructure, power substations in Ukraine
Russian drones overnight attacked port infrastructure in Ukraine's southern Odesa region, damaging a grain facility and buildings at a border crossing to Romania, as well as cutting power to thousands in the northern Sumy region, officials said.
Altai becomes fifth Russian region to declare emergency due to crop problems
Altai on Friday became the fifth Russian region to declare a state of emergency this month due to crop problems caused by extreme weather, saying too much rain had waterlogged the soil.
Russian missile hit civilian ship carrying Ukrainian grain in Black Sea, Zelenskiy says
A Russian missile hit a civilian vessel carrying grain from Ukraine that had already left Ukrainian waters in the Black Sea, President Volodymyr Zelenskiy said on Thursday.
Ukraine says peace summit follow-up meeting tackles food security
Kyiv | Reuters – Ukraine said 75 countries and international organizations have agreed a “shared vision” of measures to ensure the uninterrupted supply of Ukrainian agricultural products and help global food security, a major concern following Russia’s 2022 invasion. The presidential office said an online meeting of representatives of the countries and organizations, held as […] Read more
Russian pork producers target EU’s share of China’s pork market
Russian pork producers are aiming to capture ten per cent of China's pork import market in the coming years from a standing start, seeking to take advantage of trade tensions between the European Union and China, the world's biggest pork consumer.