Decrease in prices for milling wheat was seen at the export market of Kazakhstan. Last week export prices for 12.5% wheat decreased by $20-22 on average in the Aktau port to $163-170/MT FOB. New wheat crop, which is expected to be the highest in Kazakhstan over the past five years, puts pressure on prices. Export…Details
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Investment interest in Ukraine is restrained by the unfavorable business environment in the country, according to participants of the Kyiv International Economic Forum. According to Ambassador of Canada to Ukraine Roman Waschuk, Canadian investors are interested in entering or expanding activities in Ukraine. At the same time, they are interested in certain guarantees of investment…Details
In the following 15-20 years, Russia will cover nearly 15% of the global food market, and increase the sum of agricultural exports to $150 billion, specialists of the International Independent Institute of Agricultural Policy (MNIAP) forecast. According to the head of MNIAP Elena Skrynnik, globalization of the Russian agricultural exports is one of the main…Details
On October 3-9, export volumes of grains from the Russian seaports reached 325.8 thousand tons against 425.8 thousand tons shipped on the previous week. In particular, wheat shipments totaled 238.3 thousand tons, barley – 14.2 thousand tons, corn – 70.4 thousand tons, and peas – 3 thousand tons. (APK-Inform/Business World Magazine)Details
In January-July Azerbaijan imported wheat from Kazakhstan valued at $3.2 million, or 73% of the general volume of Kazakh exports to the country, the Minister of Industry and Energy of Azerbaijan Natig Aliyev declared. Kazakhstan is the strategic partner of Azerbaijan in the issue of food security. Azerbaijan is a regular customer of Kazakh wheat,…Details
According to the results of the second review of implementation of the IMF program by Ukraine, the fund is “impressed” by the government’s efforts to carry out reforms and renew its economy. Director of the IMF’s European Department Poul M. Thomsen said this during a press conference in Washington. “We see that (economic) policy is…Details
Ukrainian Foreign Minister Pavlo Klimkin says that trade turnover between Ukraine and Russia will not exceed 4-5%. “We cannot retain previous economic ties with Russia. We will never return to a large volume of trade turnover with Russia. Earlier, the trade turnover reached 37%. Now it can total 4-5%”, Klimkin said. (Ukrinform/Business World Magazine)Details