International Internet Magazine. Baltic States news & analytics
Friday, 29.04.2016, 04:54
Data of the Central Statistical Bureau show that, as compared to 2014, in 2015, due to 15.8% decrease in price indices of livestock products, especially decline in milk prices, price indices of agricultural output decreased by 7.5%. Price indices of crop products grew by 2.3%.
Keyword tags: Agriculture, Analytics, Latvia, Markets and Companies
The Estonian government plans to pay to farmers 4.6 million euros in extraordinary support in 2017, as well as conduct at the end of this year a review of the state's financial situation and examine possibilities for further aid, reports LETA/BNS.
Estonia's Rural Affairs Minister Urmas Kruuse and the vice minister of the General Administration of Quality Supervision, Inspection and Quarantine of China (AQSIQ), Mei Kebao, have signed a food safety protocol allowing the import of sprats and Baltic herring and products made thereof from Estonia to China, informs LETA/BNS.
Commission expands the global fight against illegal fishing by warning several countries in the Pacific, the Atlantic Ocean and the Caribbean. Such states as Kiribati, Sierra Leone, Trinidad and Tobago risk being listed as uncooperative in the fight against illegal, unreported and unregulated (IUU) fishing. The estimated global value of IUU fishing is approximately €10 billion per year.
The land area under organic management in Estonia expanded to 170,800 hectares by the end of 2015, making up 17% of the country's total agricultural land, informs LETA/BNS.
The US Department of Agriculture (USDA) estimates that Lithuania's grain production this year will amount to 5.316 million tons, lower than last year's record level, and Lithuanian grain growers' forecast is somewhat more modest, the business daily Verslo Zinios reported on April 26th, cites LETA/BNS.
Lithuania's agricultural investment group Linas Agro Group is buying a fertilizer trade business in Latvia. Linas Agro Group intends to purchase Paleo for nearly 4.6 million euros and take over a fertilizer trade business and trademark from Latfert, with the 4.59 million euro deal to be closed in October of 2017, reports LETA/BNS.