The downward trend in Ukrainian export market changed to some price growth. Last week wheat export prices strengthened. The prices for 2nd grade wheat (12.5% protein) grew by $1 to $168-170/MT FOB, while 3rd grade wheat prices (11.5% protein) reached $161-164/MT FOB for October delivery. Some recovery of importers’ demand for October-November was observed on…Details
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Ukrainian broiler meat production is growing even faster than thought, thanks to record exports and steady consumer demand, US officials said. The improving economic situation in Ukraine is allowing producer to up their output, and the bumper grain harvest this year will help margins next year, the US Department of Agriculture’s Kiev bureau said. The…Details
Russia’s Natural Resource and Environment Ministry and the U.N. have approved the first document that will bring the country’s classification of oil and gas resources closer to the U.N. classification, the ministry said in a statement. This document has become the first document that has tied the U.N. framework classification with a national system. The…Details
Ukraine is waiting for the fourth tranche of the U.S. government-secured $1 billion. “Along with the proposal on technical assistance we hope to continue cooperation in getting the new U.S. government-secured $1 billion. The credit guarantees are used to settle urgent needs of the budget and they are provided at very low rates after the…Details
The government is making all necessary steps to ensure that over the next 4-5 years Ukraine could become a country with a strong national economy, Prime Minister of Ukraine Volodymyr Groysman announced during the opening ceremony of electrical equipment and automotive parts plant of the Fujikura company in the Lviv region. The Prime Minister stressed…Details
In August large and medium-sized enterprises produced 11.5 KMT of margarine against 15.7 KMT in the previous month. August volume was almost in line with production in August 2015 (11.6 KMT). The lag is only 0.1 KMT, which is minimal in January-August. Since the beginning of 2016 (January-August) Ukrainian enterprises produced 108.2 KMT against 128.8…Details
The last week of September has come to the end with moderately warm weather conditions and low amount of precipitations. Average air temperature was within +9.5 ..+13.9 C, down by 1-6 C from the norm. In the northern regions temperature of upper soil layer lowered to -2 C in some places. Precipitations did not replenish…Details