Ukraine: quality of grains meeting importers requirements

Qualitative characteristics of Ukrainian grains supplied to foreign markets completely meet the international standards, the Head of the State Service on Food Safety and Consumers Protection Volodymyr Lapa said. According to him, the export trading continues developing, and Ukrainian grain products are in demand on the global market. Therefore, Ukrainian grains have the required qualitative…

Ukraine: corn conditions in Kherson region

Long-term hot and dry weather in Kherson region led to excessive accumulation of effective warmth. Evaporation from the water surface was 7-7.4 mm per day (norm 5.7 mm). As a result fast development of late spring crops was observed, which can lead to premature completion of vegetation, which can happen 1-2 weeks earlier. On the…

Ukraine: seaports grain exports down in August 2016

On August 22-28, Ukraine exported 552.7 thousand tons of grains from the seaports, against 647.7 thousand tons in the previous week.

In particular, wheat shipments reached 391.1 thousand tons, corn – 10.7 thousand tons, and barley – 150.9 thousand tons. (APK-Inform/Business World Magazine)

Ukraine: flour output down in January-July 2016

In January-July Ukrainian flour-milling enterprises produced 1.036 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 Ukraine…

Ukraine: Azovmash to ship 3,000 wagons to Iran

Public joint-stock company Azovobschemash (Mariupol, Donetsk region), the flagship company of the leader of Ukrainian heavy engineering Azovmash Group, will ship 3,000 wagons to Iran, the Ukrainian Embassy in Iran has reported. The cost of the agreement signed with the help of the embassy exceeded 100 million euro. “This is only the first agreement to…

Russia to lose billions from Ukraine’s association with EU

Trade consequences of regional agreements may be adverse for countries not participating in them, department director of Russian Ministry of Economic Development Maxim Medvedkov said. In particular, Russia’s losses from Ukraine’s associations with the EU may climb to billion values, he added. “These effects are related to surging trade inside the region, sometimes prejudicing turnovers…

Ukraine: flour exports to increase annually

Ukrainian flour exports will grow annually by 30-35%, the Chairman of the Board of Directors the agricultural holding KSG Agro Sergiy Kasianov said. According to him, high demand for wheat flour from foreign buyers forms the growth of the export volumes. Milling enterprises of KSG Agro do not have any alternative to find access to…

Ukraine: buckwheat groats output down in 2015

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: GDP growth forecast for 2017 improved

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…

Ukraine: Energoatom seeking to finance construction of spent nuclear fuel facility via issue of bonds in U.S.

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…

Ukraine: oilseed crops condition good

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…