Job offersmore »
- Lead Grower - Clyde and Deavon Meadows in Victoria, Australia
- Greenhouse Technical Sales- USA & Western Canada
- Sales manager - Latin America
- Senior VP Operations – California
- Grower/ Farm Manager - Australia
- Senior Grower - Australia
- Quality and Compliance Manager - Cambridgeshire, UK
- Betriebsleiter - Switzerland
- Greenhouse Grower - Canada, Jordan (ON)
- Research Director - France
Top 5 - yesterday
Top 5 - last week
Top 5 - last month
Exchange ratesmore »
Russia’s 1-year ban on food products from the EU, US, Canada, and Norway will force Russia to increase food imports from Latin America, specifically Ecuador, Brazil, Uruguay, Chile and Argentina.
Russia's ban opens the door to Russia’s partners on the other side of the world. Russia will have to fill an 8 percent gap in its total agricultural imports that it sources from the EU, USA, Canada, Australia, and Norway. The Netherlands, Germany, and Poland are currently Russia’s biggest food suppliers in the EU.
On Wednesday the three countries confirmed they are ready to start supplying Russia with agricultural goods and Moscow will soon hold meetings with ambassadors from Brazil and Argentina.
Agricultural products dominate Argentina’s export. Russia imports Argentinian pears, grapes, apples, citrus fruits, and other food. In 2012 trade turnover exceeded $1 billion.
In 2013, Chile exported $567 million worth of agricultural products to Russia. Regionally, Chile exports an array of fruits, including grapes, avocadoes, berries, plums, and kiwis.
Even though Ecuador primarily sends exports to the US and EU, it still has the potential to cut into the Russian agriculture and raw materials market. At present, bananas, cut flower, and coffee and tea are sent eastward to Russia.
Publication date: 8/11/2014
Receive the daily newsletter in your email for free | Click here
Other news in this sector:
Italian greenhouse grower wants to grow in Russia
Turkey loses 11 billion dollars due to boycott
A Turkish research bureau estimates that the Turkish economy has lost 11 billion dollars this year due to the Russian boycott. An Italian greenhouse grower wants to set up a lettuce growing company in Krasnodar, Russia; this same company exported to Russia last year but has stopped because of the boycott......
Russia imports more Chinese fruit
Warning to Iran: illegal re-export will not be tolerated
The sanctions are stimulating a revival of the traditional Russian kitchen. Russian fruits and vegetables can count on an increasing interest from chefs. Russia and the OPEC are considering closing the oil tap a little to stabilise the market. The Russian inspection warn Iran that illegal re-export will not.....
Iran boycotts re-export of Turkish product to Russia
French minister: sanctions could end this summer
The French minister hopes that the sanctions against Russia can end before the summer. The American minister John Kerry also recently voiced this hope. Russia intercepted and destroyed various parties of fruits and vegetables from boycotted countries in recent weeks. Iran is boycotting the re-export of.....
Russian prices lower than last year
Turkish peppers dodge bullet
The impact on the Turkish sector is varied. Grape exporters saw their most important market drop out, as did tomato growers. Pepper growers, on the other hand, have not been hindered. Putin didn't close the borders for peppers. The Russian parliament is supporting the government's efforts to become self.....
Kiev angry at Russian opposition to transit
Russia profiting insufficiently from low rouble exchange rate
The Russian government faces a heavy task. The budget for this year has to be reviewed. Due to the low oil price, the income, which makes up around half of the budget, is under pressure. Departments have already been asked to save 10 percent. According to an American economist Russia is making insufficient.....
Spain compensates Russia loss
Sanctions after Crimea annex: "stupid and damaging"
In an extensive interview with the German newspaper Bild Putin went into detail about various developments. He called the sanctions the West placed after the annexing of the Crimea "stupid and damaging". Putin also stated that the Iron Curtain hasn't been brought down, but moved east. The decreasing oil.....
Russia has record harvest in 2015
Turkey - Russia conflict for WTO
Turkey wants the WTO to make a ruling on the Russian boycott. According to Ankara, Moscow is breaching international agreements by closing its borders. Russia is convinced that this is not the case. According to reports, the first exporters in Turkey have closed their doors. They are the first victims of the.....
Russia: no more high prices, smuggling from Turkey expected
Turkey's Plan B: markets in the Middle East and Africa
Neither Turkey not Russia have reported any adverse consequences from the boycott; although Turkish exporters have been shifting their gaze to new markets in the Middle East and Africa. Russia wants to increase import from Sudan and Ukraine closed its borders to Russian products.Ukraine boycotts RussiaThe.....
2015: A look back on the Russian boycott
Extending, destroying and anticipating
This past year has been full of news about Russia and the boycott. In this last edition of the year we take a look back, we separate the important from the unimportant, and we see that what is left over is continued political tension and possibly acquiescence, with an additional Russian blow to Turkey.Russia.....
France in talks with Russia
Russia boycotts Ukraine
The Russian government has expanded economic sanctions against Ukraine. Starting January 1st food from the Eastern European country is banned. The reason being Ukraine's rapprochement with the EU. France hinted at the intention to resume the export of agricultural products to Russia during talks with the.....
Critical businessmen an internet hit
EU extends Russian sanctions
Europe had extended the sanctions against Russia by another six months. The sanctions were supposed to end on January 1. A number of Russian businessmen criticised the Kremlin in public. Videos of these speeches have become internet hits. Israeli peppers were refused due to phytosanitary ecxeedances.EU.....
EU meets to extend sanctions
Citrus prices doubling in Russia?
The EU is meeting this week to discuss renewing the sanctions against Russia. Last summer the measures were extended by six months. This period ends in January. Russia introduced additional sanctions against Turkey without concern for the fresh produce sector. The free trade agreement between Russia and the.....
"Russian response more than boycotting tomatoes"
The political tensions between Turkey and Russia are running high. Last week president Putin hinted that a boycott will not be the only measure the country will take. Last weekend a Russian navy ship fired warning shots at a Turkish fishing boot. At Russian customer, multiple parties of mandarins and.....
Ruble down again
Turkish citrus sector calls for government action
The Turkish citrus sector has called on the government to take action to limit the loss the sector is now seeing. The sector is in a difficult situation now that Russia has closed its borders. Traders are looking for alternative solutions both within Turkey and abroad. And Ankara is considering its own set.....