To date almost 60% out of planned 47 thousand hectares have been sown with sugar beet and 30% out of 32 thousand hectares with sunflower. The company plans to complete sowing of these crops in a few days and begin corn and soy sowing campaign. As of the beginning of the spring sowing campaign, ASTARTA…
Compared with December 2016, prices of most food products in Latvia increased in March. Prices declined only for imported strawberries, oranges and smoked ham in the first quarter of 2017, according to information from the Agricultural Market Promotion Center. The biggest price increase was noted for imported cucumbers (91%) – from 2.08 EUR/kg to 3.98…
Retail trade networks plan to adopt an honest reduced VAT rate for fresh vegetables, fruit and berries, as agreed upon by Agriculture Ministry, Latvian Traders Association and Latvian Federation of Food Enterprises. The ministry plans to submit a report to the government on the reduction of VAT to 5% on fresh vegetables, fruit and berries,…
The turnover of Orkla Foods Latvia reached EUR 29.9 million in 2016. 78% of the company’s turnover consisted of sales in Latvia and 22% of sales in export markets, the company reports. Last year, Orkla Foods Lativa invested EUR 1 million in production. The company also paid EUR 5.3 million in taxes in 2016. “In…
In Belarus agrarians planted early grains and pulses throughout the areas of 340.1 thousand ha, or 36.3% of the forecast, the Ministry of Agriculture and Food reported on April 4. It is noted that agrarians of all regions have already started the fieldworks. In particular, Gomel region planted early crops throughout 79.9%, Brest region –…
Ukrainian flour exports hit a 20-year high of over 340 KMT in the 2015/2016 season. As expected, the upward trend in flour supplies from the country continued into MY 2016/2017. Global trends also contribute to growth of flour exports. The world’s demand for flour has increased by 15-20% over the last 4-5 years. Noteworthy is…
This year Kazakhstan will export 60,000 tons of wheat bran to China, Vice Minister of Agriculture Gulmira Issayeva reported during a briefing in Kazakh government on April 3. “Signing of the protocol means that our countries’ border checkpoints will receive a certificate that authorizes delivery start. In fact, we can start delivery already today. The…