In the current season of 2016/2017 Kazakh exporters continued building up wheat bran shipments to foreign markets. Kazakhstan exported 60.6 KMT of wheat bran in the first three months of the season (September-November 2016), up by 66% YoY (36.5 KMT). Uzbekistan remains the key importer of Kazakh wheat bran – the country absorbed over 78%…
Both export and domestic grain prices showed growth last week. Export wheat prices gained $1-2 supported by global trends and seasonal complications in seaports. An announcement of ice campaign usually causes some increase in grain handling costs (although insignificant). Moreover, Ukrainian hryvnia fluctuated and traders continued buying grain actively last week. The prices for 2nd…
In 2016 Ukrainian flour milling enterprises produced 1.939 million tons of flour, down by 4.8% YoY, the State Statistics Service declared. In particular, the production volumes in December 2016 totaled 180 thousand tons, up by 1.9% MoM and down by 5% YoY. In 2016 the production volumes of crude sunflower oil in Ukraine totaled 4.401…
On January 20, Egypt purchased 60 KMT of milling wheat from Ukraine with shipment during January 22 – February 3, at the price of $201.04/ MT C&F. The price at the previous tender equaled $199.81/MT C&F. The purchase included 60 KMT of Ukrainian wheat from Louis Dreyfus at $201.04/MT C&F ($188.74/MT FOB with a freight…
During 11 months of 2016 the exports of Ukrainian agricultural products increased by 4.1% YoY, or by $537.4 million, the First Vice Prime Minister – Minister of Economic Development and Trade of Ukraine Stepan Kubiv declared. In January-November 2016 Ukrainian agricultural exports reached $13.567 billion. The share of agricultural products in the general national exports…
Ovostar Union, a leading egg producer in Ukraine, produced 1.479 billion eggs in 2016, up by 24% YoY. The company said on its website that egg sales last year rose by 22%, to 1.054 billion. Exports grew by 34%, from 229 million in 2015 to 307 million in 2016. The company processed 407 million eggs…
Milkiland, a dairy group with assets in Ukraine, Russia and Poland, expects to finish the negotiations with a syndicate of banks consisting of Austria’s UniCredit Bank Austria AG and Russia’s Raiffeisenbank and find a mutually acceptable solution on resolving the indebtedness. The group said in a financial report for the first nine months of 2016,…