SCO & BRICS latest news and insights
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,...
By Rhod Mackenzie
Russia, under the plan announced earlier this year by Vladimir Putin to send free shipments of grain to several African nations, has delivered the initial consignment to Somalia this week. Somalia has received a shipment of 25,000 tonnes of grain.
The delivery is a result of th...
