In the next three years, EUR 20 million will be invested in the new Laima manufacturing plant in Adazi, as reported by representatives of Orkla Confectionery & Snacks Latvija. The total area of the new manufacturing plant will be approximately 6,500 square meters. “The location chosen for the new plant will secure Orkla Confectionery &…
According to the Ministry of Agrarian Policy and Food, since the beginning of the new season-2017-2018 and as of July 12 Ukraine supplied 575 thousand tons of grain crops to foreign markets. In particular, the exports of wheat totaled 150 thousand tons, barley – 75 thousand tons, and corn – 350 thousand tons. In addition,…
Ukraine has fully used its annual quotas for the European Union’s duty-free exports for nine commodity groups in 2017, according to the press service of the Ukrainian Agribusiness Club Association (UCAB). In particular, the quotas for honey, sugar, cereals, flour, processed tomatoes, grape and apple juice, chicken meat, and grain, namely wheat, maize, and barley…
According to preliminary estimates, Ukraine exported 43.8 MMT of grains in MY 2016-2017 that closed on June 30. This is an all-time high for the country, the Ag Ministry reports. “Last year’s bumper crop of 66 MMT translated into exportable stocks of 43.8 MMT, an all-time high for Ukraine. The upward trend also manifested itself…
As of July 3, Tajikistan harvested 432.7 thousand tons of grain crops throughout the areas of 303.9 thousand ha, the Ministry of Agriculture of the Republic of Tajikistan declared. According to the announcement, in January-May Tajikistan imported 360 thousand tons of wheat (at the average price of $224 per ton), down by 23.8 thousand tons…
Kazakhstan has seen a 7% growth of food staples prices since the beginning of this year, Minister of National Economy Timur Suleimenov said at the session of the government on July 11. “According to official statistics, food staples prices have increased by 7% since the beginning of 2017,” said Minister Suleimenov adding that inflation made…
Ukraine’s large and medium-sized crushers produced 16.2 KMT of margarine in May. Although its May output shrank by 17.3% MoM, the margarine market continues to persistently recover this year. Production increased by more than 22% YoY (13.2 KMT). Margarine output grew to over 90 KMT in the first five months of MY 2017. Thereby it…