News

HIGHLIGHTS IN THE AIC OVER THE WEEKEND

Alcoholic Beverage
Russia
Regulation & Compliances
Market & Price Trends
Innovation & Technology
Published Apr 15, 2024

Tridge summary

The Russian Ministry of Agriculture has responded to a 40% decline in EU wine supplies over the past two years by introducing preferential loans with increased amounts compared to the previous year. In addition, the country has experienced a 4% rise in greenhouse vegetable production. The Ministry is considering a ban on free-range poultry, a proposal that has elicited mixed reactions from industry stakeholders. Moreover, the Russian intervention fund has significantly bolstered its grain storage through the acquisition of two batches of grain of the same class and harvest, highlighting a notable event in the country's agricultural sector.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Russian Ministry of Agriculture has approved the issuance of new preferential loans. Their amount will be even higher than last year. Over the past two years, wine supplies from the EU to Russia have decreased by 40%. Most countries have reduced exports. Since the beginning of this year, the production of greenhouse vegetables in Russia has increased by 4% from the same period last year. The Ministry of Agriculture proposed banning the free range of poultry. Market participants reacted differently to this innovation. ...
Source: Rosng
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