Ukraine: grain production revised

Ukraine’s grain output will increase to 64 million metric tons in the 2016-2017 season, the largest grain harvest since the country gained independence in 1991, Agriculture Minister Taras Kutoviy said. Ukraine produced 60.3 million metric tons of grain in the 2015-2016 marketing season, according to the ministry. The latest forecast is a revision of the…

Ukraine: NBU relaxes access to currency loans with participation of export-credit agencies

The National Bank of Ukraine (NBU) has made an exception of the general rules of controlling the rates of foreign credits of loans if resident borrowers (both companies and financial institutions) raise funds from nonresident creditors with the participation of export-credit agencies. “This step would expand opportunities for residents’ access to foreign credit resources provided…

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,…