Week #29. Brief news of the Russian food market.

Brief news of the Russian food market.

Week #29. 2019 year. 

– On July 25, 2019 in Russia, grain and leguminous crops were harvested from an area of 13.1 million hectares (in 2018 – 9.2 million hectares), with a yield of 35.6 centners per hectare (in 2018 – 36.9 centners per hectare) Russia this year (July 2019 – June 2020) will retain the leadership in wheat exports, but its share in world trade will continue to decline and will amount to 17% against a record 23% in 2017/2018.

– In Russia, there may be a shortage of buckwheat due to a reduction in yield in the Altai, Voronezh and Kursk regions. This is due to bad weather this year.

– The Ministry of Trade of the Russian Federation is planning to introduce an import duty in the amount of 5% for grain dryers to equalize the conditions of competition between domestic and foreign manufacturers.

– About 118 million tons of grain and legumes, including 75 million tons of wheat is planned to be collected in Russia in 2019.

– Tetra Pak, the world leader in food processing and packaging solutions, and the Russian company EkoNiva, the largest milk producer in Europe, have signed an agreement to supply a set of technological and packaging equipment, as well as automation systems for the new enterprise of EkoNiva holding , Novosibirsk region.

– Investments in the project currently amount to 21 billion rubles, its commissioning is scheduled for 2020. After reaching the design capacity, the company will be able to process 1,150 tons of raw milk per day – it is expected that these indicators will be achieved by 2024. The plant will be Russia’s largest enterprise for the production of a wide range of dairy products.

– The company Heineken summed up the first half of 2019. Sales in Russia grew by 7%, mainly due to expensive and premium beer brands.

– Co-owners of the second-largest Russian car dealer – Major, have invested more than 6 billion rubles in the Moscow region agro farm, opened a food chain of stores of organic products.

– Prices for confectionery products in Russia can rise in price by 5–7% after raising the tax on palm oil.

– The inspection of Rospotrebnadzor revealed a low content of vitamins in the sweet cherry exported from Uzbekistan to Russia.

– In Crimea, for the first time in two years, registered a case of rabies among cattle

– For the first six months, 229.3 thousand tons of meat and bone meal were produced in Russia

– The Rosselkhoznadzor office has banned the import of more than 20 tons of Polish turkey meat.

– China allowed to buy soybeans from all regions of Russia.

– Rosselkhoznadzor lifted a ban on the import of Belarusian apples to Russia

Yours faithfully,

Alexander Sinyanskiy

Business  Advisor on the Russian Food Market

www.alexandersinyanskiy.ru  

Please read the same my other news:

Week #21. Brief news of the Russian food market.

Week #22. Brief news of the Russian food market.

Week #23. Brief news of the Russian food market.

Week #24. Brief news of the Russian food market.

Week #25. Brief news of the Russian food market.

Week #26. Brief news of the Russian food market.

Week #27. Brief news of the Russian food market.

Week #28. Brief news of the Russian food market.

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