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Below you'll find a list of all posts that have been tagged as “Russia”
Soybeans were one of the first major casualties in the ever-escalating trade war between the U.S. and China. Russia is hoping to take advantage of the situation and cut deals with Chinese agribusinesses to make up for lost supply. The Washington Post says the Kremlin will offer roughly 2.5 million acres of arable land to foreign investors. Analysts are describing …
The World Trade Organization says Japan, Russia, and Turkey have all warned the United States about possible trade retaliation for U.S. tariffs on steel and aluminum imports. An Agriculture Dot Com article says those tariffs would up the total U.S. tariff bill around the world to $3.5 billion annually. The three countries recently notified the World Trade Organization of their …
The world’s biggest importer of soybeans, China, almost tripled soybean purchases from Russia amid a growing trade dispute with the U.S. A Bloomberg report says Russia sold approximately 850,000 metric tons over the most recent twelve-month season. That compares to 340,000 tons sold during the previous period. China has already canceled several soybean purchases from the U.S. in anticipation of …
Bayer announced another country has given its approval of the company’s purchase of Monsanto. A Dow Jones report says Russia has given conditional approval of Bayer’s $57 billion acquisition of Monsanto if the German company agrees to transfer certain technologies to Russian recipients. Under the approval terms, Bayer agreed to transfer molecular breeding assets in several crops for a period …
Russia has extended its ban on produce from the U.S. and the European Union through the end of 2018. The ban was first put in place in 2014 and includes the U.S., E.U., Norway, Ukraine, and several other countries. The ban was going to expire on January 1st but Russia extended its sanctions after the E.U. extended its own trade …
by Nicholas Rada, William Liefert, and Olga Liefert, USDA Economic Research Service What Is the Issue? Russia’s agricultural output fell during the country’s transition from a planned to a market economy in the early 1990s but has rebounded strongly since the late 1990s. The production increase contributed to Russia reducing its large imports of meat and other livestock products and …
