Harsh weather affecting major global exporters is reducing wheat output and cutting inventories that have already been projected to hit nine-year lows while fuelling a sudden uptick in prices. Dryness afflicting suppliers from Russia, the world’s biggest, to Argentina, is making food production vulnerable as recent Russian attacks on grain ships …
Read More »Oksana Lut: Russia achieves food self-sufficiency in many areas
The plenary session “Technological Support of Food Security” was held at the RUSSIA EXPO on the Food Security Day of the Technical Leadership Week. It was attended by Minister of Agriculture Oksana Lut, representatives of federal agencies, science, business and industry organizations. The participants discussed a wide range of issues in …
Read More »Türkiye suspends wheat imports until October to protect producers!
Türkiye on Friday announced it would halt wheat imports from June 21 until at least mid-October to safeguard farmers from price fluctuations, secure domestic procurement of raw materials and create a favorable market for producers. U.S. and European wheat futures dropped sharply on the news, both falling around 2%, with …
Read More »RUSSIA MAY LIMIT SEED IMPORTS!
Russia’s agriculture ministry has proposed that the government limits seed imports by setting up quotas, aiming to stimulate domestic production, the Interfax news agency quoted it as saying on Friday. Russia, the world’s largest wheat exporter, has long aimed to become less dependent on imported seeds for a number of …
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