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By John Helmer, Moscow A fleet of between 200 and 1,000 vessels will be required to carry newly released Russian wheat and other grains to markets in the Mediterranean and East Asia, grain traders and port sources have told Fairplay, in the wake of the May 28 order from Prime Minister Vladimir Putin. Putin stole […]

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By John Helmer, Moscow Gennady Onishchenko, the Russian government’s chief food inspector and head of the federal inspection agency Rospotrebnadzor, has ordered a ban on imports of vegetables, announcing: “we urge the population not to buy fresh vegetables from Germany and Spain. Buy Russian production.” But this time the notorious protectionist of Russian farm, food […]

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By John Helmer, Moscow Despite the enormous publicity for Glencore’s initial public offering (IPO) on the London Stock Exchange this month, and participation in the underwriting and book-running of the Russian state savings bank Sberbank, the massive Glencore prospectus says almost nothing about the trading company’s Russian business. And on the key question grain traders […]

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By John Helmer, Moscow On Wednesday, the Russian Grain Union, representing most of the country’s grain traders and exporters, said that if the export embargo on grain is extended from July 1 to the year’s end, the expanding surpluses of grain in the southwestern growing regions will force domestic prices down to the Rb3,000 ($107) […]

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By John Helmer, Moscow Vadim Moshkovich – Senator from Belgorod, owner of Rusagro (aka Ros Agro Plc), which sold its shares in London last week — has been singing this golden oldie from The Searchers (1963). Don’t miss the last chorus line: “I’ll never ever let you go…Oooooo, Oooooo, Ooooo” Rusagro was 94% owned by […]

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By John Helmer, Moscow Russia’s grain traders have applied to Mother Nature (image centre) for help in deciding whether Russia’s weather this spring and summer will be so mild, sunny and also wet as to produce a bumper harvest , allowing exports to resume and Russia to retake its place as the third largest grain […]

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By John Helmer, Moscow Want to throw rice at the bride and groom — Krasnodar will be glad to fill your order. For starting this January, Russia has become a net rice exporter for the first time in its history. According to Alexander Korbut, spokesman for the Russian Grain Council, about 100,000 tonnes of short-grain […]

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By John Helmer, Moscow Moscow commercial court documents, filed on December 29 and 30, reveal that Franco-Swiss bank BNP Paribas is suing leading Russian grain trader RosInterAgroservis (RIAS) for $20.1 million. The claim, formally lodged against the RIAS subsidiary ZAO Kubankhleboprodukt, as well as its parent OOO RosAgroInterservis, refers to loans made earlier which remain […]

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By John Helmer, Moscow Until today, milk, fruit pulp, and flavoured water (aka juice) have not been known to be strategic resources in the Russian Federation. But clever lobbying, or incredible stupidity, has arranged to make them seem so, and thereby create the appearance of compliance with Russia’s competition and anti-monopoly laws – without the […]

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By John Helmer, Moscow Russian poultry producers hope to reduce next year’s poultry import quota to as little as 300,000 tonnes, with just 50,000 tonnes of US chicken legs for direct consumption. Before too long, the domestic growers are also hoping to start exporting Russian poultry abroad.