The current 2016/2017 soybean season is completely different from the past one, except for the fact that Ukraine is unlikely to obtain soybean crop higher than 4 MMT again. Each marketing year has its own characteristic features. The 2016/2017 soybean season can be characterized by the following: Planted area reduction due to low production profitability…
Last week milling wheat prices strengthened both on export and domestic markets supported by strong demand. Export prices of Ukrainian milling wheat with 12.5% and 11.5% protein were still equal. They increased by another $3. (UkrAgroConsult/Business World Magazine)
A number of documents were signed in Ljubljana on November 8, in the presence of presidents of Ukraine and Slovenia, Petro Poroshenko and Borut Pahor, press secretary of the Ukrainian president Sviatoslav Tseholko has said. “Ukraine and Slovenia have signed a memorandum of understanding in energy efficiency and alternative fuels”, Tseholko wrote on Twitter. In…
Using Silk Road infrastructure will allow Ukrainian agricultural producers to enter the Chinese market. Advisor to Ukrainian Agrarian Policy and Food Minister Vladyslava Rutytska said this at the 2016 Ukraine Silk Road Forum in Kyiv. “Our companies obtained the right to export dairy products. These products have a very limited shelf life. So, the possibility…
On November 4, Ukraine International Airlines and Amadeus signed a partnership agreement, enabling UIA to drive revenue generation and growth. The parties were represented by Yuri Miroshnikov, UIA President, and Julia Sattel, Global Head of Airline IT, Amadeus. UIA has chosen the Amadeus Altea Suite, which provides the carrier with a complete Passenger Service System…
In January-October Russian coal exports climbed by 20.2% YoY, to 135,772,130 tons, the Ministry of Energy statistics said. In October, coal exports totaled 14,683,100 tons. Coal production in October totaled 33,186,500 tons (27,907,900 tons supplied). (Portnews/Business World Magazine)
A member of Russian food retailer Magnit’s board of directors, former director of its operating unit Tander Vladimir Gordeichuk is selling a 1.3% stake in the company. The price of the shares will be set during an accelerated collection of bids. UBS will act as the organizer of the deal. According to Magnit, Gordeichuk holds…