Russia: vegoil production down

In May Russia produced 283 KMT of sunflower oil against 267 KMT in April 2016 and 283 KMT in May 2015. Since the beginning of the season (September-May) sunflower oil production equaled 3084 KMT, down by 10% YoY. Production share of processed sunflower products is more than 80% of the total vegoil production (3833 KMT).…

Russia: seaports of Krasnodar Krai export 9 million tons of grains in January-July 2016

In January-July the seaports Yeysk, Kavkaz, Novorossiysk, Temryuk, Taman and Tuapse shipped for exports 572 vessels with grains and by-products, at the volume of more than 8.9 million tons, the Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) declared. In particular, the share of wheat in the general structure of grain exports from the reporting…

Russia: quality of new crop wheat down

According to market participants, in the current season in the European part of Russia the qualitative characteristics of new crop of wheat became significantly lower compared with last year. In particular, rather insufficient volumes of high-quality 3-grade wheat are observed. Therefore, during two recent weeks the market often demonstrated high prices for the grain. Qualitative…

Ukraine to become a gas-exporting state

Ukraine soon will be able not only to buy gas, but also to produce it for sale, according to Ukrainian Vice Prime Minister, Housing and Utilities Economy Minister Hennadiy Zubko. The minister said that “Ukraine is interested in transferring from the state that imports to the state that exports gas”. According to him, this can…