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sepheronx wrote:They still do.
The United States was once the world's leading wheat exporter, but now is losing its position to Russia and Canada due a stronger dollar, stagnant yields, rising competition and climate change.
Russian agriculture main winner from foreign food ban
The depreciating ruble and increasing domestic market opportunities as a result of the Russian embargo on foreign produce has the country's agriculture conglomerate making plans for aggressive investment and growth.
Ros Agro said it will raise $250 million to fund investment to fill the gap left by reduced food imports from trade sanctions between Russia and Western countries.
The current controlling shareholder Vadim Moshkovich plans to purchase up to $100 million of newly issued global depositary receipts.
Ros Agro and its shareholders have been the biggest beneficiaries of Russia's food embargo. The corporation’s stock price on the London Stock Exchange has almost tripled since August 2014, reaching $16.12 per share as of Monday.
The country’s leading food producer aims to build a pig breeding complex in Russia's Far East as well as greenhouse facilities in central Russia and make acquisitions by selling UK-listed shares.
The company is going to invest aggressively and grow,” said financial analyst Svyatoslav Arsenov as quoted by Bloomberg, stressing that the ruble devaluation had made the sector very attractive.
Russia, listed as the world’s ninth largest food manufacturer in 2013, reduced imports by nearly 40 percent to $26.5 billion two years ago, according to government data.
Smart move by Vietnam. We should be doing the same, but we haven't and we won't, and given the Russian agri-sector is fast becoming self-sufficient we wouldn't have much longer anyway all things considered. We should have jumped straight in there in 2014 when the sanctions first hit.sepheronx wrote:Ceremony of Laying the first stone for “TH True Milk” dairy complex was held in Moscow
Hig, this should make you happy. It is Vietnamese company that has invested in the production of dairy products in Russia.
Thailand's largest agribusiness Charoen Pokphand Group (CP) and China’s Banner Dairy are to spend $1 billion building a diary in the Russian city of Ryazan. The facility intends to produce 400 thousand tons of milk products annually.
The Russian Direct Investment Fund will reportedly seal the deal with the foreign investors on the sidelines of the Thai-Russian Business Dialogue forum in Saint Petersburg.
The plant will include dairy farms with 80,000 milking cows and 40,000–60,000 hectares of grain, as well as a feed factory, the head of the Russian Direct Investment Fund Kirill Dmitriev told Vedomosti daily.
The project is expected to be up and running within 3-5 years and would be the biggest raw milk producer in Russia with a capacity of 300,000–350,000 tons a year. The CP Group will run the enterprise.
Last year, the Thai conglomerate said it was looking to invest $600 million in meat and milk production in Russia, and was examining opportunities in several Russian regions.
Founded in 1921, CP Group is one of world's largest conglomerates with investments in over 20 countries. The corporation's Charoen Pokphand Foods is one of the biggest producers of animal feed with plants in Cambodia, China, India, Indonesia, Malaysia, Burma, Turkey, Singapore, Vietnam, Taiwan and US.
Another Asian company investing into the production of meat and milk in Russia is Vietnam’s TH True Milk. The groundbreaking for a livestock breeding complex and milk processing plant took place on Wednesday in the town of Volokolamsk, in the Moscow region. The company intends to spend $500 million and open its first facility with 45,000 head of livestock next year.
>Stavropol region resumed lentil farming
TPP-INFORM:
For last month found several kilometers of collectors installed lines for the future of commercial products, the press service of the company. The exact weight is not less than 500 tons per year.
Thus, the company entered the annual turnover of the oyster, equal to the total value of imports of this product to the Russian Federation. This makes it possible to talk about the full import substitution marketable oysters domestic manufacturer.
According to statistics for 2013 (before the introduction of sanctions banning) imports of oysters in Russia amounted to 5 million pieces. Thus, the company OOO Russian Black Sea Company “Crimean seafood” went on the speed at which the import of seafood is unfounded.
In the near future Russian Black Sea Ltd. The company “Crimean seafood” also plans to enter the high rates to ensure import substitution and in marketable mussels.
Property minister of the Amur Region in the Russian Far East has told reporters that the authorities had allocated 500,000 hectares of land for the free handover to anyone willing to start a business in agriculture or tourism.
“We have allocated 500,000 hectares of planted forests and 50,000 of agricultural lands for the program. Of the 50,000 hectares, about one third is tilled soil, the rest are pastures and hayfields,” Sergey Khovrat was quoted as saying by RIA Novosti.
The minister also told reporters that so far only 10 people had announced their interest in the free land handover program, all of them beekeepers who already owned some land in the region.
OminousSpudd wrote:Smart move by Vietnam. We should be doing the same, but we haven't and we won't, and given the Russian agri-sector is fast becoming self-sufficient we wouldn't have much longer anyway all things considered. We should have jumped straight in there in 2014 when the sanctions first hit.sepheronx wrote:Ceremony of Laying the first stone for “TH True Milk” dairy complex was held in Moscow
Hig, this should make you happy. It is Vietnamese company that has invested in the production of dairy products in Russia.
Heh, wishful thinking.
higurashihougi wrote:OminousSpudd wrote:Smart move by Vietnam. We should be doing the same, but we haven't and we won't, and given the Russian agri-sector is fast becoming self-sufficient we wouldn't have much longer anyway all things considered. We should have jumped straight in there in 2014 when the sanctions first hit.sepheronx wrote:Ceremony of Laying the first stone for “TH True Milk” dairy complex was held in Moscow
Hig, this should make you happy. It is Vietnamese company that has invested in the production of dairy products in Russia.
Heh, wishful thinking.
As far as I know, cold climate in Russia is a considerable obstacle for Russian or Russia-based dairy industry. TH True Milk claimed that they will implement high-techs to deal with the cold, and I am quite curious about how people do it.
sepheronx wrote:Russia doesn't know what to do with excess meat
Hilarious. So not only did Russia pretty much drop EU for meat imports, it's domestic production has been growing so much, that now they are in fear of oversupply. So expect to see cheap meat in Russia.
I guess all those who pushed the idea of Russia starving cause of Putin will b crying tonight.
sepheronx wrote:Russia doesn't know what to do with excess meat
Hilarious. So not only did Russia pretty much drop EU for meat imports, it's domestic production has been growing so much, that now they are in fear of oversupply. So expect to see cheap meat in Russia.
I guess all those who pushed the idea of Russia starving cause of Putin will b crying tonight.
Agro-Invest is an impressive turn-key greenhouse project (20 ha) in the Kaluga region, a special economic zone located 300 km from Moscow, Russia. This greenhouse complex will make a tangible contribution to the region’s goal of becoming self-sufficient in the production of vegetables in the longer term. This is the first stage of a project which will ultimately comprise a total of 100 hectares of greenhouse on 238 hectares of land. Partners Dalsem and Hoogendoorn have captured this inspiring project on video, where the creation of this turn-key project is outlined.
higurashihougi wrote:http://sustainablepulse.com/2016/06/25/russian-parliament-passes-total-ban-on-gmo-crops-and-animals/
Russian State Duma Passes Total Ban on GMO Crops and Animals
Russia’s State Duma adopted Friday the third and final reading of a government bill that introduces a total ban on the cultivation and breeding in Russia of genetically modified (GM) plants and animals, except for scientific research purposes.
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