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FAS/Moscow forecasts Russia’s 2016 production of three major crops (sunflowerseed, soybeans, and rapeseed) at 13.25 million metric tons (MMT), a 4 percent increase from last year.
Key events of the first year since the launch of the Eurasian Economic Union (EAEU) included its expansion to welcome two new members, Armenia and Kyrgyzstan, a free trade agreement with Vietnam...
Russia’s Grain Stocks Reach 31 Million Metric Tons . . . New Federal Agricultural Subsidy Distribution Orders . . . EAEU Members Forecast Development of Russia’s Agricultural Sector for 2016-2017 . .
In 2016 beef production is forecast to decline 3.3 percent to 3.310 MMT CWE as cattle inventories decrease 1.6 percent due to stagnation of the Russian dairies which supply most cattle for slaughter.
Current annual production is estimated at 160,000 MT, or three to four percent of total fish and seafood production in Russia.
Russian Ministry of Agriculture Discusses Cooperation with Hungarian AgroHoldings . . . Russian Ministry of Agriculture Ready to Continue Cooperation with Austria . . .
Russia’s stagnating economy has been the key factor affecting the domestic food market.
Russia announced on December 1 a ban on Turkish fruits, vegetables, and poultry.
This report contains summaries of relevant decisions and documents from the Armenia-BelarusKazakhstan-Kyrgyzstan Russia Eurasian Economic Union meetings, published between September and December 2015.
Russia and U.S. Sign Agreement to Fight Illegal Fish Catch . . . VPSS Restricts Fish and Seafood Transit . . . GOR Allocated Subsidies for Development of Dairy and Vegetable Sectors . . .
With the slowing economy and weak ruble, the Russian food service sector has made some shifts of customers from expensive restaurant formats to casual places, from casual dining to fast casual format.