The restoration pace of the Ukrainian economy is predictable and insufficient, IMF Resident Representative Jerome Vacher has said. The economy has achieved macroeconomic stabilization, the IMF sees a gradual improvement of the economy – an increase of 1.5%, as the IMF predicts for 2016. But it’s a moderate recovery and the IMF would like to…
On September 15, Agroprodservice launched a new soybean crushing plant, which it had been building since March. Crushing capacity is 40 KMT soybeans a year. Finished products will be soybean cake and non-refined soybean oil. Previously, company’s soybean cake production capacities equaled 1400 tons a month. (UkrAgroConsult/Business World Magazine)
In the 2015/2016 season Ukrainian farmers obtained all-time high soybean crop – 3927 KMT. Firstly, this result was achieved owing to acreage expansion to record 2200 thousand ha. According to UkrAgroConsult, over the past ten years Ukrainian soybean exports increased significantly, while markets were diversified. Export geography already included 33 countries. Given the persisting demand…
Precipitations have been observed in the Southern and Eastern parts of Ukraine since September 20. Abundant rains were seen in Odessa region and in the western regions. According to meteorologists it will be raining this week as well and precipitations will replenish soil moisture stocks in the key winter wheat producing regions. Dry weather conditions…
According to forecasts of Russian experts, in 2016/2017 will be the first time that Russia can have excess in sugar stocks and likely will lead to sharp export increase. According to preliminary forecasts, export may be 100-200 KMT (in 2015/2016 exports stood at 6 KMT). The main rival to Russian sugar will be sugar of…
As of September 26, Ukrainian agrarians harvested 41.955 million tons of grains throughout the areas of 10.603 million ha, or 74% of the plan. The average yield totaled 3.96 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year production volumes reached 40.9 million…
UkrAgroConsult indicates the following tendencies: – during 3 months of the season Ukraine shipped abroad over 57% of total rapeseed export capacity; – Ukrainian rapeseed stocks will be enough for only 1-2 months of trade; – soybean productivity is significantly higher than last year; – sunflower seed export forecast for 2016/2017 was raised; – sunflower…