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- (-) March 2016
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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.
After the big surge in MY2015 when New Zealand beef production topped 690,000 MT, the highest since 2004, beef production is forecast to reduce to 659,000MT in MY2016.
The New Zealand kiwifruit industry can celebrate a bumper year in 2015 with production up 30% at 475,000 metric tons (MT) and exports up 31% at 454,000MT.
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 . . .