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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..."
Production of all three types of citrus in MY 2014/2015 is estimated to rebound, as a result of good weather conditions and the recuperation of plants that had been previously affected by frosts.
Post forecast Argentina’s milk production for calendar year (CY) 2015 at 11.7 million tons, a three percent decrease from CY2014 USDA’s estimates.
Russia’s Federal Veterinary and Phytosanitary Surveillance Service effectively banned the transit of goodsthat are subject to Russia’s August 2014 import ban, through the Republic of Belarus.
Robust soybean planting in Cordoba province and smooth planting in the rest of the country are trending national production area towards the 2014/15 soybean forecast of 21 million hectares.
Post forecasts production at above normal levels as production rebounds following 2014 series of bad weather and to the natural lifecycle of plants.
Wheat production for 2014-15 is forecast at 12.5 million tons, 500,000 tons higher than USDA.
Post raises Argentine 2015 sugar production estimate to 2.05 million tons, a small increase from USDA’s number due to beneficial weather during harvest time.
The Eurasian Economic Commission (EEC), the regulatory body of the Russia-Kazakhstan-Belarus Customs Union (CU), published a new draft document amending the CU veterinary requirements
2014/15 soybean production area is forecast at 21 million hectares, with production forecast at 57 million metric tons (mmt), based on commodity prices and currency hedging.
Argentina continues to be the third largest producer of biotech crops after the United States and Brazil, producing 14 percent of the world´s total biotech crops.
Argentine beef exports in 2015 are forecast at 210,000 tons carcass wt equivalent, an increase from the 2014 estimate, but still an insignificant volume for what Argentina has historically exported.