Argentina's dairy exports increased by 24% in the first quarter of this year

Fri, 05/06/2022 - 17:27

Argentina's dairy exports exceeded 100,000 tons in the first quarter, a year-on-year increase of 2.9%, thanks to the rise in global food prices, according to Argentina's financial circles on April 28; The export volume was 394 million US dollars, a year-on-year increase of 24%. Among them, milk powder accounted for 52.1%, butter and sweet milk sauce accounted for 22.5%, cheese accounted for 16.7%, yogurt and lactose accounted for 8.7%.

German restaurant federation association warns against stopping gas import from Russia

Tue, 04/19/2022 - 06:22

Zetler, President of the association, said that giving up Russian natural gas would "have a huge impact on food production". He pointed out that the food industry is the second largest natural gas consumption field in Germany after the chemical industry. If there is a lack of natural gas supply, it will affect the production of the industry.

In response to Western sanctions, Russia has released a set of "combined fist" including energy and agricultural products

Sat, 04/16/2022 - 09:30

The Russian Ministry of agriculture also said on the 15th that from April 20 to 26, the export tariff of Russian wheat will be increased to US $110.7 per ton, compared with us $101.4 per ton the previous week.

EU implements "wartime" agricultural policy

Sat, 04/16/2022 - 09:06

The conflict between Russia and Ukraine has led to a further surge in global commodity prices, especially the supply problems of food, energy and chemical fertilizer, and frequent tensions in the European market. In order to ensure the safety and effectiveness of agriculture and food supply chain in special periods, the EU has launched a series of short-term and medium-term measures and adjusted its green strategy from farm to table. There are still differences within the EU, and the effectiveness remains to be seen.

Russia may once again become a tea consumer

Mon, 04/11/2022 - 21:36

According to the Russian newspaper,  experts predict Russia's coffee consumption may decrease by at least 5% by the end of this year.

Coffee prices rose as early as the outbreak began. Now they are even higher because of the difficulties in logistics and settlement with suppliers. Because of this, some consumers will turn to tea.

Russia approves sunflower oil and rapeseed export quotas and will ban sunflower and rapeseed exports

Sat, 04/09/2022 - 20:47

RIA Novosti news on March 31, 2022, the Ministry of Agriculture of the Russian Federation reported that the Russian Customs Subcommittee approved the export quota of sunflower oil and rapeseed meal of the Russian Federation from April 15 to August 31 this year, as well as the export quota of sunflower oil and rapeseed meal from April 1 to Sunflower and rapeseed exports were banned on August 31.