In the 2015/2016 season Ukrainian farmers obtained all-time high soybean crop – 3927 KMT. Firstly, this result was achieved owing to acreage expansion to record 2200 thousand ha. According to UkrAgroConsult, over the past ten years Ukrainian soybean exports increased significantly, while markets were diversified. Export geography already included 33 countries. Given the persisting demand…
Precipitations have been observed in the Southern and Eastern parts of Ukraine since September 20. Abundant rains were seen in Odessa region and in the western regions. According to meteorologists it will be raining this week as well and precipitations will replenish soil moisture stocks in the key winter wheat producing regions. Dry weather conditions…
According to forecasts of Russian experts, in 2016/2017 will be the first time that Russia can have excess in sugar stocks and likely will lead to sharp export increase. According to preliminary forecasts, export may be 100-200 KMT (in 2015/2016 exports stood at 6 KMT). The main rival to Russian sugar will be sugar of…
As of September 26, Ukrainian agrarians harvested 41.955 million tons of grains throughout the areas of 10.603 million ha, or 74% of the plan. The average yield totaled 3.96 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year production volumes reached 40.9 million…
UkrAgroConsult indicates the following tendencies: – during 3 months of the season Ukraine shipped abroad over 57% of total rapeseed export capacity; – Ukrainian rapeseed stocks will be enough for only 1-2 months of trade; – soybean productivity is significantly higher than last year; – sunflower seed export forecast for 2016/2017 was raised; – sunflower…
Issuing of bonds of Azerbaijan’s state oil company SOCAR within the country will make it possible to diversify the company’s portfolio, SOCAR vice-president for economic issues Suleyman Gasimov said. “Additional financing within the country creates an opportunity to attract funds on more favorable conditions. SOCAR will earn money from issuing these bonds, probably not directly,…
Azerbaijan’s state oil company SOCAR will produce over 5,800 tons of oil annually through commissioning a new well at the offshore Oil Rocks field, SOCAR said in a message. Oil is extracted from a wellbore within the range of 1,617-1,612 meters, according to the message. SOCAR is implementing a program to stabilize and increase the…