Agriculture

International Internet Magazine. Baltic States news & analytics Thursday, 22.02.2018, 07:06

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State subsidies for Latvian farmers planned at EUR 8.7 mln

State subsidies for Latvian farmers planned at EUR 8.7 mln

21.02.2018

EUR 8,720,490 will be available to farmers in 2018 under the state budget program State Support for Agriculture and Rural Development, the government of Latvia decided on February 20th, cites LETA.

Keyword tags: Agriculture, Financial Services, Latvia, Markets and Companies



Overall loss to Latvian farmers from floods estimated at nearly EUR 100 mln

Overall loss to Latvian farmers from floods estimated at nearly EUR 100 mln

19.02.2018

Taking into account also the unreaped harvest due to the floods last year, overall loss to Latvian farmers is estimated at nearly EUR 100 million, said Agriculture Ministry’s representative Biruta Ingilavicute at the Saeima European affairs committee meeting on February 16th, cites LETA.

In 2017, second highest grain yield was reached in Latvia

In 2017, second highest grain yield was reached in Latvia

16.02.2018

Provisional data of the Central Statistical Bureau (CSB) show that, regardless the unfavourable weather conditions, in 2017 the highest average grain yield per one hectare was reached – 38.3 q. The highest yield was reached in 2015 – 44.9 q/ha.


Price of food-grade wheat in Latvia climbs 1% in December y-o-y

Price of food-grade wheat in Latvia climbs 1% in December y-o-y

08.02.2018

In December 2017, the price of food-grade wheat in Latvia was 1% higher than in December 2016 but still 17% below the average price in the past five years, writes LETA, according to the information from the Latvian Agriculture Ministry.

Agrosfera plans expansion in Latvia

Agrosfera plans expansion in Latvia

06.02.2018

Agrosfera, a Lithuania-based agricultural commodities trading company in which the Icor Group plans to buy a 60 percent stake, is planning to expand its operations in Latvia, informs LETA/BNS.


06.02.2018

Latvian farmers received more than 30% financing allocated for Rural Development Program 2014-2020

Latvian farmers since 2014 have received more than 30 percent or about EUR 560 million from the financing allocated for the Rural Development Program for 2014-2020, the Latvian Agricultural Ministry reported LETA.

02.02.2018

Dobeles Dzirnavnieks to invest over EUR 2 mln in new grain storage towers, equipment

Latvia's largest grain mill Dobeles Dzirnavnieks plans to invest more than EUR 2 million in new grain storage towers and their equipment, writes LETA, according to the website of the Procurement Monitoring Bureau.

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