Russians are turning to turkey as a cheap alternative to other forms of meat, with year-on-year turkey production up 34.9 % last year, according to figures released by the Ministry of Agriculture this week. The Perekrestok retail chain reported turkey sales up by 20% over the same period, while overall consumption of meat dropped by 3% .
China’s chemicals group ChemChina has offered more than $43bn to take over Swiss agribusiness giant Syngenta. The Swiss company said it was ‘unanimously recommending the offer to shareholders’ and that the deal would help it further expand in China.
“The transaction (more…)