Insights and Stories on Russia

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New Russian wheat tax puts exporters, traders on edge

May. 29, 2015 at 6:08 pm CDT

Moscow | Reuters –– Russia approved the launch of a new wheat export tax from July 1, which traders say could threaten profits on advance contracts for the new crop if the rouble weakens in coming months. Russia’s government said Friday that the new tax was intended to stop exports […]

Russian ag ministry proposes new wheat export duty formula

May. 26, 2015 at 4:50 pm CDT

By Reuters

Russian wheat prices follow global benchmarks higher

May. 25, 2015 at 2:44 pm CDT

By Reuters

Russia may allow food imports from three EU states

May. 19, 2015 at 6:26 pm CDT

By Reuters

Russia lifts wheat export duty, exports seen rising

May. 15, 2015 at 5:04 pm CDT

By Vladimir Soldatkin

Russian wheat price may rise when tax removed

Apr. 30, 2015 at 7:28 pm CDT

Moscow | Reuters — Russian wheat prices may rise in coming weeks when the government removes an export tax, set earlier this year to cool food inflation, SovEcon agriculture analysts said Thursday. Russia will take a decision by mid-May on removing the tax ahead of schedule and will set up […]

By Reuters

Crop tour in Russia, Ukraine finds mid-sized farms under pressure

Apr. 30, 2015 at 12:31 pm CDT

Conflict in Ukraine has left the country’s farmers in a tight spot, as they’ve told agronomist Mike Lee. Lee, who grew up in the U.K. but has managed large farms in Ukraine and worked in Kazakhstan, Uzbekistan and Russia, traveled 5,000 km through Ukraine and Russia in late March, evaluating winter […]

By Lisa Guenther

Russia looks set to extend import ban on Western food

Apr. 30, 2015 at 11:49 am CDT

Moscow | Reuters –– Russia looks likely to extend a ban on Western food imports beyond an Aug. 7 deadline, with a lack of incentive to lift its embargo due to the prospect of extended European sanctions. With President Vladimir Putin supporting moves to boost Russia’s “food security,” officials have […]

By Polina Devitt

Russia’s ag ministry proposes to cancel wheat export tax

Apr. 17, 2015 at 11:41 am CDT

Moscow | Reuters — Russia’s agriculture ministry has proposed to the government to cancel a tax on wheat exports from July 1 when the 2015-16 marketing year starts, a source at the ministry told Reuters. Russia imposed the duty on wheat exports between Feb. 1 and June 30 in an […]

By Reuters

Russia may consider lifting food ban from Greece, Hungary, Cyprus

Apr. 7, 2015 at 6:31 pm CDT

Moscow | Reuters — The Russian government could consider removing Greece, Hungary and Cyprus from its ban on most Western food imports, Russian Agriculture Minister Nikolai Fyodorov was quoted as saying Tuesday. Russia’s ban, which should run until early August, was imposed in retaliation to Western sanctions on Russia over […]

By Reuters