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GOR approved Resolution #1495, “On introduction changes into export customs tariff rates for commodities, exported from the Russian Federation outside of the boundaries of states..."
The Russian Ministry of Agriculture increased the price level for purchases of wheat of 2014 crop for the State Intervention Fund by approximately fifty percent.
The high number of rainy days and unusually cool November slowed the corn harvest; about 10%-20% of corn was estimated to be still in the fields at the end of November.
During the past decade, Turkey has emerged as a major exporter of agricultural products, both to the Middle East and other markets.
Based on the officially reported data on the progress of the Russian grain harvest, FAS/Moscow increased its forecast of Russia’s total grain crop in MY 2014/15 by 1 million metric tons to 102 MMT.
Romanian farmers have witnessed another good crop year. Harvested crops are estimated to grow for both winter and spring crops this season.
On Friday, October 31, 2014 the Turkish Grain Board (TMO) announced that they would make 2 million metric tons of wheat stocks available for domestic purchase.
Unusually rainy weather along with cooler temperatures this year made the season challenging for the farmers.
Ukraine’s grain exports are growing at moderate pace. In the new marketing year 2014/15, by mid-October, Ukraine has exported over 6 million metric tons of wheat and over one million tons of barley.
Based on the officially reported data on grain harvest progress, FAS/Moscow increased its forecast of Russia’s total grain crop in MY 2014/15 by 2 million metric tons (MMT) to 101 MMT.
In recent years, India’s exports have demonstrated phenomenal growth – especially to developing countries, which now account for nearly 80 percent of Indian exports.
The Ministry of Agrarian Policy and Food of Ukraine and the local production and milling industry once again came to an agreement on grain export management for the new marketing year.