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The vegetable oil export will increase to $ 8.6B by 2024

Fat-and-oil companies reported that they are ready to provide export volumes of products for $ 6.9B by 2024, which is about 80% of the industry targets. In relation to 2017, exports will increase by almost 2.7 times, to $ 8.6B.

Northern Kazakhstan: 5.3M tons of grain

Farmers of the North Kazakhstan region (Republic of Kazakhstan) completed harvesting grain, 5.3M tons of grain were milled. The average yield was 19 centners per hectare, which is higher than last year’s result (18.2 centners per hectare).

The price of compound feed for pigs in Russia reached a 2-year high

The average price of feed for pigs in September 2018 was 14700RUR / ton ($ 223.97), which is 2.9% more than in the previous month and 9.2% more than in September 2017. Since the beginning of the year, the price of this product has increased by 18.1%. This is the highest price for this product since September 2016, according to meatinfo.ru.

The Ministry of Finance agrees to add 8B RUR for agricultural equipment

The Ministry of Finance is ready to increase support for the production of agricultural machinery by 8B RUR ($ 121.92M) in 2018. This was announced on Wednesday by Finance Minister Anton Siluanov, speaking in the State Duma on the first reading of the budget bill, reports agrovesti.net.

Start'Up'Academia: business game in OmSAU

October 22, StartUpAcademia of Omsky Biocluster organized a business game in Omsk State Agrarian University (member of Omsky Biocluster), in which students from the group 103 of the Faculty of Economics participated. They were joined by the Director of Alliance LLC, Chairman of the Board of Trustees of StartUpAcademia Andrey Vizmintinov. The event was held by Managing Partner of Readium Investments LLC, Candidate of Economic Sciences, Deputy Chairman of the Board of Trustees of StartUpAcademia Anatoly Shastin.

RusAg will increase its share in the agroexport service to 35% by 2024

Today, every eighth company exporting agricultural products is a client of the Russian Agricultural Bank (Omsk branch is member of Omsky Biocluster). By 2024, RusAg plans to increase its share in export services to 35%, that is, every third exporter of agricultural products will be its customer. For these purposes, the bank has formed a vertical support for export activities. This was reported by the First Deputy Chairman of the Board of Russian Agricultural Bank Irina Zhachkina at the Agrarian…

The IASA Working Group supported the deep processing of cereals

October 25, a meeting of the IASA Working Group on the creation of the concept of the Strategy of the grain market of Siberia was held. The meeting participants supported the proposal made by Omsky Biocluster to include the deep processing of grain crops in the Strategy as one of the defining directions.

Imports of palm oil in Russia in January-August increased by 23.8%

The import of palm oil and its fractions into Russia from January to August 2018 amounted to 652K tons, which is 23.8% more than in the same period in 2017.