Belarus: government extends loan repayment schedule for farms and agribusiness companies

Belarus’ farms and agribusiness enterprises, which received Br455.4 million ($232.255 million) in credits in 2016 to pay for mineral fertilizers, engine fuel and lubricants, will have their credit repayment schedule extended by one year, in accordance with President Lukashenko’s ordinance No. 328 of September 2. The document was made public on September 6. The credits…

Ukraine: Antonov to start practical cooperation with China on An-225 program by yearend

Antonov state enterprise (Kyiv) plans to start practical cooperation with China on the completion of modernized An-225 Mriya aircraft with a carrying capacity of 250 tons under the Aerospace Industry Corporation of China (AICC), however, the concern emphasizes the timing depends on the Chinese side. Deputy chief designer of Antonov state enterprise Hennadiy Habruk said…

Ukraine: rapeseed harvest to decrease

According to preliminary estimations of the Association Ukroliyaprom, in 2016 rapeseed production in Ukraine will total 1.1 million tons, against 1.6 million tons last year, the press-service of the Association declared. According to the announcement, last marketing year 10 oilseed plants processed rapeseed raw materials. In 2015/2016 MY Ukraine processed 300 thousand tons of rapeseed…

Ukraine: corn condition in early September 2016

Last week weather conditions were favorable for ripening and harvesting of late spring crops. Cornfield research in Dniepropetrovsk region showed that corn varieties of ultra-early, early-optimal and late sowing terms were 250-271 cm, 257-282 cm and 242-270 cm high, respectively. In the corn plants of all sowing terms grain in the head reached the stage…

Ukraine: 38.35 MMT of grains harvested

As of September 1, grains and pulses have been harvested from 9832 thousand ha (69% of the intended area) compared with 10343 thousand ha as of September 1, 2015. Farmers obtained 38.353 MMT with average yields at 3.9 MT/ha (on the same date in 2015 – 37.106 MMT with average productivity at 3.59 MT/ha). Buckwheat…

World: Russia supporting China as G20 president

The volatility of the currency and commodity markets, as well as high debt in developed countries are constraints for the growth of the world economy, Russian President Vladimir Putin said at an informal meeting of the leaders of BRICS (Brazil, Russia, India, China, South Africa) on the sidelines of G20 summit. He said that “unfortunately,…