Ukraine: wheat exports down in October 2016

Ukraine exported roughly 2058 KMT of wheat in October down from 2068.5 KMT in October 2015. For the first four months of 2016/2017, Ukrainian wheat exports increased by 9.1% YoY to 8235.8 KMT against 7548.8 KMT in July-October 2015/2016. The period under review saw substantially higher deliveries to the markets of Bangladesh, Indonesia, Philippines, Libya,…

Ukraine: over 4 MMT of soybeans harvested

Ukrainian farmers are completing sunseed harvesting. As of November 21, this crop was gathered from 5839.7 thousand ha or 99% of the intended area (5919.3 thousand ha), up by 16.3% YoY (5020 thousand ha). Farmers obtained 13283.7 KMT of sunseed with the average yield of 2.27 MT/ha, which is an all-time high for Ukraine. In…

Ukraine: seaports grain exports up in the third week of November 2016

On November 14-20, Ukraine exported 616.7 thousand tons of grains from the seaports, against 463.3 thousand tons on the previous week.

In particular, wheat shipments reached 158 thousand tons, corn – 408.2 thousand tons, and barley – 50.5 thousand tons. (APK-Inform/Business World Magazine)

Ukraine: groats production recovering

Groats production in Ukraine totaled 35.05 KMT in September, up by 13.5% YoY (30.87 KMT). In 2016 the production of all groats in Ukraine has increased by 2.2% to 233.12 KMT. This included a 46.4% hike in output of rice groats, to 13.51 KMT, 36.5% in oat groats (2.02 KMT), 33.1% in millet groats (11.77…

Ukraine: grain legumes output up in 2016

In 2016 Ukraine considerably increased grain legumes production. Although official figures are not available yet, it can be assumed that legumes crop is 70% higher than last year, mainly owing to significant expansion of peas planted area. Moreover, favorable weather in spring and early summer ensured all-time high peas productivity. In general, experts believe grain…

Ukraine: Fitch upgrades 7 banks on sovereign rating change

Fitch Ratings has upgraded the long-term foreign currency issuer default ratings (IDRs) of seven Ukrainian banks to ‘B-‘ from ‘CCC’, Fitch has said in a press release. The banks are State Export-Import Bank of Ukraine (Ukreximbank), State Savings Bank of Ukraine (Oschadbank), Alfa-Bank, Ukrsotsbank, ProCredit Bank (Ukraine), Credit Agricole Bank and Pravex-Bank. The outlooks on…

Ukraine: social food prices hovering

In September strong public interest was aroused by the Cabinet’s decision to cancel state regulation of prices and mark-ups for socially sensitive goods. This pilot project started on October 1, for a three-month period until the beginning of 2017. The project is aimed at proving the expediency of Ukraine’s current price regulation under which price…

Ukraine: over 0.7 million tons of sunflower oil exported in September-October 2016

According to the November balance sheets by NGO “Economic discussion club”, coordinated by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, in September-October of 2016/2017 MY the export volumes of sunflower oil from Ukraine totaled 706 thousand tons. The general export volumes of sunflower oil in the current season are forecast…