Ukraine: flour output down in January-August 2016

In January-August Ukrainian flour milling enterprises produced 1.212 million tons of flour, down by 5.9% YoY, the State Statistics Service of Ukraine declared. In particular, the production volumes in August totaled 176 thousand tons, up by 18.4% MoM and by 1.1% YoY. In January-August the production volumes of crude sunflower oil in Ukraine totaled 2.4…

Ukraine: Ministry of Agrarian Policy supports cancellation of the price controls for grain by-products

The Ministry of Agrarian Policy and Food of Ukraine supports cancellation of price controls for food products, including grain by-products, the Director of the food products department at the Ministry of Agrarian Policy and Food Mykola Moroz declared. According to him, the Ministry provides the reporting cancellation of price regulation as an experiment. If in…

Ukraine: real GDP up in Q2 2016

Ukraine’s real gross domestic product (GDP) in the second quarter of 2016 increased by 1.4% YoY. This information has been posted on the website of the National Bank of Ukraine (NBU) with a reference to the State Statistics Service. “The Ukrainian economic growth has been accelerated. In the second quarter of 2016, the real GDP…

Ukraine: Malaysian palm oil dominates imports

In August Ukraine imported 16 KMT of palm oil against 12.3 KMT in July 2016 and 12.8 KMT in August 2015. Total volume imported in 2015/2016 (September-August) was 24% higher than over the last season. Thus, total imports equaled 181.2 KMT against 145.7 KMT in 2015/2016. Malaysia and Indonesia traditionally remained the main suppliers of…

Ukraine: wheat exports still going up

In August Ukraine exported 2851.2 KMT of wheat, up by 50% YoY (1892.8 KMT). Over the first two months of the current season Ukrainian exporters shipped 34% more wheat than over the same period of last season (3575.5 KMT against 2662.4 KMT in July-August 2015/2016). Thailand became the key importer of Ukrainian wheat with purchases…

Ukraine: agricultural associations sign memorandum of cooperation with Brazil

The Ukrainian Agribusiness Club (UCAB) and the Brazilian Rural Society (Sociedade Rural Brasileira, SRB) have signed a memorandum of cooperation during the VII International Conference ‘Large Farm Management’. “Ukraine and Brazil are very similar countries in terms of a starting point in agriculture development. Prior to becoming a strong agricultural country, Brazil had the same…

Ukraine: oilseed crusher number growing

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)

Ukraine: 40% of sunflower harvested

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: Silk Road development discussed with Kazakhstan

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…

Ukraine: sugar exports up in 2015/2016

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…

Ukraine to expand agricultural exports to Palestine

Ukraine is ready to expand a range of agricultural products exported to Palestine and increase the volume of such deliveries, Ukrainian Agrarian Policy and Food Minister Taras Kutovyi has stated at a meeting with Palestinian Agriculture Minister Soufian Sultan, the press service of the Ukrainian Agrarian Policy and Food Ministry reports. “Ukraine is ready to…

Ukraine: 40.5 MMT of grain harvested

As of September 19, grains and pulses had been harvested from 10329 thousand ha (72% of the intended area) compared with 10832 thousand ha as of September 21, 2015. Farmers obtained 40.537 MMT with the average yields at 3.92 MT/ha (on the same date in 2015 – 39.295 MMT with the average productivity of 3.63…

Ukraine to launch ferry services with Greece

The first technical expert meeting related to developing relations between Ukraine and the Hellenic Republic in the marine industry has been held in Athens, where the parties defined the specific areas of cooperation, the Ukrainian Sea Ports Authority (USPA) reports. “On September 13-14, the meeting was held in the Greek Shipping and Island Policy Ministry…

Ukraine: NBU supports development of financial technology

The National Bank of Ukraine is interested in further development of high-tech financial market in Ukraine, as it will positively influence the implementation of Cashless Economy project. That was reported by Serhii Shatskyi, Director of Payment Systems and Innovative Development Department. “NBU is committed to assist the Ukrainian payment market to become mainly cashless; for…