In January-August the average selling prices of agricultural enterprises for agricultural products increased by 7.4% YoY, the press-service of the State Statistics Service of Ukraine declared. In particular, in the reporting period the average prices for plant growing commodities grew by 19.4%, and the prices for livestock commodities dropped by 0.9%. Also, in August the…
Another vegoil extracting plant has been opened in Ukraine. In Lvov region on the basis of D-Mix ltd a new plant on oilseed crushing was launched. Planned crushing volume is 50 KMT of oilseeds and the expected turnover is 550 million UAH a year. (UkrAgroConsult/Business World Magazine)
Ukrainian farmers continue harvesting sunflower. As of September 19, 2362.2 thousand ha or 40% of the intended area had been threshed (5905 thousand ha), down by 8% YoY (2183 thousand ha). 4963.1 KMT of sunseed had been obtained with the average yield of 2.1 MT/ha. Last year on the same date 4374 KMT had been…
Ukraine’s State Fish Agency expects that under a EUR 400 million agreement with the European Investment Bank (EIB) some EUR 130 million would be provided for projects in aquaculture and fishing industry. According to a press release of the agency, parliament has ratified the agreement between the EIB and Ukraine to raise EUR 400 million…
Russian oil giant Rosneft has deactivated its Lisichansk refinery in east Ukraine, Rosneft CEO Igor Sechin said. “We are deactivating this plant for the time being. We have admitted part of the refinery’s personnel for work at Rosneft. Over 60 people have come to us”, Sechin said. “Our decision is to preserve all assets”, Sechin…
Ukrainian Foreign Minister Pavlo Klimkin has discussed with his Kazakh counterpart Erlan Idrissov prospects for development of transport connection between the two countries, the Ukrainian foreign ministry’s press service reports. “The ministers stressed that one of the top priority tasks for the further development of the Ukrainian-Kazakh cooperation was an increase in transport capacity, in…
The national association of sugar producers Ukrtsukor has assessed sugar exports from Ukraine for 2015/2016 agricultural year (September-August) at 113,000 tons, up by 3% YoY. According to the association, in money terms sugar exports in 2015/2016 agri-year totaled $52.6 million, not taking into account white sugar made from imported cane raw sugar on a tolling…