AgWeb Radio: Opening Commentary 10-10-13
Craig VanDyke of Top Third Ag Marketing says the outside markets are positive waiting on a meeting in Washington. No export numbers but sales seem to be growing. Wheat is supported because Russia hasn't planted as much. AgWeb Radio: Opening Commentary 10-10-13
Russia Strikes Back at Belarus: Targets Dairy & Pork Imports
taken in Moscow and 30% of the Belorussian dairy products tested did not meet Russian quality standards. In the first half of 2013, dairy exports from Belarus into Russia totaled more than USD $1 billion, roughly 95% of Belarus' total dairy exports. Dairy products make up 38% of all agricultural exports from Belarus and Russia has targeted the dairy revenue stream before. In 2009, Russia blacklisted 1,300 Belorussian dairy products causing a rift...
Putin Clamps Down on Ukraine Exports to Sway Kiev into Venture
the thinly veiled tyranny that rules the FSU, Ukraine appears anxious to more closely align itself with the European Union. Russia is Ukraine's number two export destination behind the E.U., and in a heavy-handed effort to prevent Ukraine from joining the E.U., Putin has recently imposed a punitive export inspection process for goods crossing the border into Russia. The move is intended to twist Ukraine's arm into joining Putin's venture. But these heavy-handed...
House Approves Bill on U.S.-Russia Trade Relations
U.S. Senate must still act. Source: National Milk Producers Federation, U.S. Dairy Export Council The National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC) praised the House of Representatives’ approval this week of H.R. 6156, which would establish permanent normal trade relations (PNTR) with Russia. NMPF and USDEC have actively supported approval of PNTR with Russia as part of work necessary to reopen that market to U.S....
Pro Farmer's Monday Morning Wake Up Call
News Ukraine will ban grain exports sparks speculation Russia will, too. Soybean and soybean meal futures are leading gains this morning, with corn and wheat also enjoying solid moves to the upside. After Ukraine announced it would ban grain exports starting Nov. 15, there has been speculation Russia will follow suit. Click here to here to learn what else is in play this week by listening to the "Monday Morning Wake Up Call." Pro Farmer's Monday Morning...
Dairy Organizations Applaud Senate Step Forward on U.S.-Russia Trade Relations
Bipartisan legislation would enable U.S. companies to expand exports to Russia when it joins the World Trade Organization this year. Bipartisan legislation would enable U.S. companies to expand exports to Russia when it joins the World Trade Organization this year. The National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC) applauded this week’s introduction of legislation to extend Permanent Normal Trade Relations (PNTR) to...
Jim Bower and Al Pell Discuss using the insurance method of puts and calls to make money in the market. And as U.S. agriculture heads for record export sales in 2011, Russia seeks to join the World Trade Organization. We'' tell you how it could impact American ag coming up. AgDay: 01/03/2011
Seedstock Sales Opportunities Expand Overseas
While the industry focuses on beef exports, Angus producer Bill Davis sees growing opportunities for selling breeding stock to countries like Russia. Seedstock Sales Opportunities Expand Overseas
Russia Goes for World Dominance - in Wheat!
Russia is striving to become the number 1 wheat exporter Russia Goes for World Dominance - in Wheat! I had a post from about two weeks ago about the USDA predicting that Russia would become a larger exporter of wheat than the US by about 2019. Bloomberg Businessweek just wrote an article on how Russia is fighting for World Dominance - in Wheat!. The article recaps that Russia is able to sell their wheat to Egypt for about 7% cheaper than...
USDA Confirms Pork Trade Deal Reached With Russia
talks led to the development of a new veterinary certificate to ensure that pork exports from the United States meet specific Russian microbiological and tetracycline-group antibiotic residue requirements. Now, it's up to U.S. meat plants that want to export to Russia to apply for approval with USDA's Agricultural Marketing Service (AMS). AMS, in collaboration with the Food Safety and Inspection Service (FSIS), has developed an Export Verification (EV) program for...