Industrial processing of grain in Ukraine has demonstrated a downward trend over the last three years. Production of basic processed products has declined on average by 20% compared with 2013. For instance, beer production has fallen by 29%, vodka – by 43%, malt – by 19%. Only compound fodder production, which has decreased by only…
In January-July the joint index of costs for production of agricultural commodities in Ukraine (without the Crimea) increased by 12.4% YoY, the State Statistics Service of Ukraine informed. In particular, the costs for plant growing commodities production increased by 9% YoY, and animal commodities – by 21.4%. According to the statistics data, in July the…
In January-June agricultural products formed 40.8% in money terms in the general volume of commodity exports from Ukraine, the Ministry of Agrarian Policy and Food of Ukraine reported. According to the announcement, the supplies of plant growing commodities to foreign markets provided every fifth export US dollar coming to Ukraine, which in absolute terms totaled…
Last week the weather was warm with lack of precipitations. Heavy rains were observed only in Kharkov, Zhitomir, Kiev and Dniepropetrovsk regions with lightning. Average daily temperature fluctuated within 18.2-29.4 C and was 1-7 C higher than the norm. Maximum air temperature in the warmest days increased in the South to + 38 C and…
Since the beginning of 2016/2017 MY, and as of August 24, the volume of grain exports from Russia totaled 4.48 million tons, down by 0.6% YoY (4.506 million tons), the Ministry of Agriculture of the Russian Federation declared, referring to the data of the Federal Customs Service of Russia. According to the announcement, the wheat…
Russian power holding Inter RAO has raised the forecast for earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2016 to 85 billion rubles from 79-80 billion rubles, Dmitry Palunin, a member of the management board, said. The forecast is under International Financial Reporting Standards (IFRS). In May, Inter RAO already raised its EBITDA outlook…
Russian shipyard Krasnye Barrikady has signed a $1 billion contract with Iranian company Tasdid to build offshore drilling rigs for work in the Persian Gulf. The Russian side undertook to finance 85% of the contract amount. The rigs designed to explore and develop oil and gas will be built within the next two years in…