As of August 19, wheat and barley harvesting was almost complete. Farmers obtained 26.37 MMT of wheat and 9.77 MMT of barley in bunker weight. The weather was favorable during grain harvesting. Therefore, losses are expected to be minimal while grain finishing is 1.5-3%. UkrAgroConsult has raised the estimate of wheat gross crop by 1…
KSG Agro (Luxembourg) with assets in Ukraine saw $1.95 million of net profit in January-June compared to net loss of $3.825 million a year ago. According to a company report on the Warsaw Stock Exchange (WSE), its revenue over the period grew by 40%, to $7.14 million. KSG Agro saw a 22.5% rise in operating…
In January-July Ukrainian flour milling enterprises produced 1.03 million tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared. At the same time, the production volumes in July totaled 149 thousand tons, up by 12.5% MoM, and down by 7.2% YoY. In January-July the production volumes of crude sunflower oil in…
According to the State Statistics Service, in 2015 Ukraine produced slightly more than 347 thousand tons of groats, down by 1% YoY (350 thousand tons). At the same time, some segments demonstrated significant decline of production volumes. In 2015 the production volumes of buckwheat groats decreased by 25%, to 68.3 thousand tons, against 90.9 thousand…
Ukraine’s GDP growth in 2017 is expected to be 2.9% with inflation of 9% (December on December), according to a consensus forecast published by the Ukrainian Economic Development and Trade Ministry. Experts anticipate that this year the country’s GDP will grow by 1% with 13.1% inflation. The ministry said four months ago the economy restoration…
National Nuclear Generating Company Energoatom seeks to finance building of the centralized spent nuclear fuel storage facility via the issue of securities on the U.S. stock market with the help of Bank of America Merrill Lynch. Energoatom announced the start of negotiations with Bank of America Merrill Lynch regarding coordination of due diligence, drafting preliminary…
Last week the weather was favorable for late crops formation due to lower air temperatures and higher amount of precipitations. Sunflower sown in the optimal and early terms is at the stage of maturation – technical ripeness and at later sown plants – flowering stage. Some regions have started harvesting works. Sunflower condition is mainly…