Expected prerequisites for a sag in wheat and barley prices were seen in late November and early December. This was contributed to mostly by an increasing number of grain offers from growers who had to settle their liabilities due in the year’s end (loans, taxes etc.). To prevent a price drop and support growers, in…Details
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Kazakhstan supplied 7.9 MMT of grain to foreign markets in 2016 as of December 20, said the nation’s vice ag minister. This is 12% more than last year. The Agriculture Ministry of Kazakhstan forecasts grain exports to total 8.5-9 MMT in the current marketing year (July 2016 – June 2017). This year’s total grain harvest…Details
Ukraine’s Health Ministry has published a draft resolution amending government resolution No. 333 dated March 25, 2009 that would approve of the new national list of key medicines. The document was posted on the ministry’s website on December 27. According to it, the list includes high-quality effective and safe medicines, taking into account the sickness…Details
The Competition Authority of Estonia released a conclusion that the cost of electricity distribution services of electric grid operator Elektrilevi was not adjusted to their current costs and should be lowered by 6.7%. Because network charges make up 50-55% of the consumer price of electricity, the price of electricity for the average consumer should drop…Details
Pobeda Airlines, Russia, left the Georgian civil aviation market with dumping prices, says Givi Davitashvili, Director General, Georgian Airways. According to him, Georgian Airways has repeatedly made statements about operating with Russian and Turkish air companies at dumping prices, but the authorities do not take any retaliatory steps. “The same thing is with Turkey, there…Details
According to official information, Ukraine exported roughly 2231.6 KMT of corn in November, up by 19% YoY (1878.8 KMT). Ukrainian corn exports picked up pace by 9% in Q1 2016/2017 against the same period a year ago. Ukraine supplied 3643.5 KMT of corn to foreign markets in September-November (3344 KMT at the same time in…Details
Export of Ukrainian goods and services to the European Union countries amounted to 35.7% in January-September, Deputy Economic Development and Trade Minister of Ukraine Natalia Mykolska said. “We see a trend that the EU actually remains our main trading partner, and our exports to the European Union grow. The goods constitute the bulk of exports…Details