Bearish price trends persisted on the Ukrainian milling wheat market last week. Average export prices for 12.5%- protein milling wheat closed the week down by another $1-2/MT FOB for September-October delivery. Prices for wheat with 11.5% protein content remained within the last week’s range for September-October delivery. Export prices for feed wheat closed the week…
As of September 4, Ukraine harvested 37.537 million tons of grains (including corn) throughout the areas of 9.794 million ha (67% of the plan). The average yield totaled 3.83 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, agrarians harvested buckwheat throughout 59 thousand ha (32%), and produced 67 thousand tons…
Belarus plans to crop nearly 10 million tons of grain in 2017, Belarus’ Agriculture and Food Minister Leonid Zayats said. “It will be some 10 million tons of bread,” Leonid Zayats said about the 2017 harvest. The minister added that it was a difficult year for the agrarians and there was no confidence in such…
KazMeat, the Kazakh brand, has been exhibited for the second time at the ANUFOOD China-2017 international food exhibition held in Beijing. “In 2016, three umbrella brands were created in Kazakhstan: KazMeat, Qazaq Organic Food, and Halal Kazakhstan. Now, our major goal is to promote these brands abroad. Today, we are promoting the umbrella brand of…
Turkey earned $204 million from exports of ice cream to 68 countries and 4 Free Trade Zones over the past five and half years. The Turkish Statistical Institute (TUIK) reported that nearly 88.400 tons of ice cream were exported in the aforementioned time period, with Iraq, Kosovo, Albania, Northern Cyprus, the United Arab Emirates and…
Ovostar Union, a leading shell egg producer in Ukraine, saw $3.9 million of net profit in January-June, down by 56.5% YoY. According to a company report published on August 30, revenue over the period grew by 6%, to $36.5 million, while gross profit narrowed by 28%, to $8.5 million, and operating profit declined by 40%,…
This year’s September may turn out rather good for gardening and fruit harvest, predicts Latvian Rural Advisory and Training Centre’s senior gardening specialist Maris Narvils. He says there are currently no concerns for any sudden weather changes to impact fruit growers in the coming weeks. September may be rather beneficial to gardening work and fruit…