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Russian food machine building: record growth

The total volume of production of Russian food machine-building companies in 2017 will exceed 15 billion rubles ($ 261.19 million), which will be a record for the last 10-15 years. For seven months of 2017 the share of domestic producers in the domestic market has reached 21%, which is also a record.

RusAg financed agrarians for 5.4 trillion rubles

Since the launch in 2006 of the priority national project Development of the Agro-Industrial Complex, as well as through programs for the development of agriculture, Russian Agricultural Bank has allocated 5.4 trillion rubles ($ 93.87 billion) for the development of the domestic agro-industrial complex. This was stated by the Chairman of the Board of the Bank Dmitry Patrushev during the XIX Russian agro-industrial exhibition Golden Autumn.

Russians began to eat more sweets

In the second half of 2017, the Russian Federation expects an increase in the average per capita consumption of all types of confectionery products to 24.2-24.5 kg per year. This is written by Agroinvestor with reference to the forecast of the Confectionery Market Research Center.

Sales of dairy organic products are growing in the UK

Over the past year, the volume of organic products market in the UK increased by 4% and currently stands at more than 2 billion pounds sterling, reports The DairyNews with reference to the County Gazette.

Natural meat will be replaced by artificial meat by 2035

California startup Impossible Foods has promised to completely replace animal products with artificial analogs in the near future.

Russia plans to compensate the grain transit by rail from October

In October 2017, the Russian Federation will begin to compensate for the costs of transporting grain by rail from the Urals, from Siberia and the Volga region to the ports of the south of the country. This is written by RNS with reference to the head of the Ministry of Agriculture Alexander Tkachev.

Volume of subsidizing capex in the agro-industrial complex in 2017 corrected

September 28, 2017 Minister of Agriculture of the Russian Federation Alexander Tkachev at a meeting of the Government of Russia presented the draft of the decree prepared by the Ministry of Agriculture according to which the order of distribution of subsidies between regions for 2017 on compensation of a part of direct incurred expenses for creation and modernization of agro objects is approved.

RusAg (Omsk branch): more than 3 billion rubles for seasonal work

As of September 20 from the beginning of the current year, the Russian Agricultural Bank, Omsk branch (member of Omsky Biocluster) allocated over 3 billion rubles for the sowing campaign and harvesting campaign in Omsk region. The Bank's credit resources were used by 150 agricultural enterprises, including both large agro-farms of the region, and representatives of small and micro-business. More than 100 of them used a preferential loan program at a rate of no more than 5% per annum.