Media
Russian Wheat Exporter OZK Aims to Send 500k Tons a Year to UAE
Russian wheat exporter OZK sees potential shipments of about 500,000 tons to the United Arab Emirates a year, company says in statement to Bloomberg News.
Russian Wheat Trader OZK Considers Setting Up UAE Business: IFX
OZK is considering setting up a trading house in the UAE, Interfax reports, citing comments from deputy general director Ksenia Bolomatova at an event in Dubai.
Russia May Buy 1.2m Tons of Grains for State Fund This Year: OZK
Russia may buy 1.2m tons of grain for its state grains fund, Ksenia Bolomatova, deputy general director at state-backed OZK, says at a conference in Moscow.
Russia's UGC sets up a joint venture to supply grain to Egypt - Reuters News
Russia’s United Grain Co (UGC) has set up a joint venture with Egypt’s Astra Ltd to supply Russian grain to the Egyptian market, according to a statement by the company.
Russia Eyes Wheat Sales to Japan and China After Algeria
After making inroads into Algeria, wheat giant Russia is looking to open up more sales markets in places like Asia, according to one of its top shippers.
United Grain Co., Rosselkhozbank Offer New Grain Forward
United Grain Co. and Rosselkhozbank signed accord to offer hedge instrument for grain traders, United Grain Co. says on website.
Russia’s United Grain Says 2019-20 Wheat Exports Were 2.6m tons
Government-controlled United Grain Co. shipped out 2.6m tons of wheat last season, a spokesman said by phone.
Beyond COVID, Russia's state grain trader UGC eyes Algeria and Iraq - Reuters News
UGC to make rare supply of Russian wheat to Jordan. Hopes for progress in talks with Algeria, Iraq after COVID-19.
Russia Mulls Boosting Grain Reserves to 6m Tons: United Grain
A proposal is in place to increase state grain stockpiles to 6m tons, according to a statement from United Grain Co., a government-controlled trader that’s in charge of storing the inventories.