SCO & BRICS latest news and insights
The European Union has increased imports of Russian fertilisers to a maximum level since December 2022. In February, the volume of deliveries amounted to 167 million euros in monetary terms. This exceeded the previous month's figure by 16 percent in physical terms and 21 percent in monetary terms. W...
The Shakhovskaya Niva company is constructing a livestock dairy complex in the Moscow region for 2,400 forage cows. The complex is being built according to a customised plan, which aims to achieve an average milk yield of 45 litres per cow per day. This exceeds the current global average of 30-40 li...
According to the Russian Grain Union, the area dedicated to durum wheat cultivation is expected to nearly double this year. The Ministry of Agriculture reported that one million hectares will be sown with this high-quality and expensive wheat in the upcoming season.
It appears that the relevant dep...
By Rhod Mackenzie
On March 5, during a meeting with representatives of the agro-industrial complex in the Stavropol Territory, Russian President Vladimir Putin endorsed the proposal to establish a grain exchange under the BRICS framework.
He noted that stock speculation affects prices, which in t...
By Rhod Mackenzie
Over the past 23 years, Russian agriculture has made an incredible leap forward. From total devastation in 1999, when Russia was forced to turn to the United States to receive grain on credit, to one of the world's largest exporters.The exports of Russian produce have increased t...
The expanded BRICS, the association of major developing economies, could become a platform for a self-sufficient dollar-free grain market, economists say.
BRICS – which is an acronym for Brazil, Russia, India, China, and South Africa – added net grain importers Egypt, Ethiopia, Iran, Saudi Arabia,...
