In 2016 agricultural commodities production in Ukraine will increase by 3%, the Ministry of Economic Development and Trade of Ukraine declared. In the current year Ukraine will face a record grain harvest of 64.2 million tons, so the Ministry forecasts a positive dynamics in the plant growing industry at the level of 6%. At the…
On December 8-15, CBOT corn prices strengthened by 0.8%. Last week US corn export prices (January delivery) strengthened by $2/MT, while Argentinean and Ukrainian corn supply prices remained unchanged. Ethanol market still supported CBOT prices, particularly the data on record ethanol exports in October, as well as high US corn contracting pace, which exceeded market…
Bunge Company intends to increase its presence in Turkey’s vegoils market, having bought shares of the producing company called Ana Gida Ihtiyac Maddeleri ve Sanayi Ticaret. 55.25% of the shares will be bought out from Ana Gida, and the remainder – 44.75% – from Seef Foods. As of today, Ana Gida owns the Komili trademark,…
In January-November the average selling prices of agricultural enterprises for agrarian products increased by 9.3% YoY, the press-service of the State Statistics Service of Ukraine declared. In particular, in the reporting period the average prices for plant growing commodities grew by 19.2%, and the prices for livestock commodities – by 0.7%. In November the average…
Latvia’s alcohol market will be affected by changes in legislative regulations and import prices in neighboring countries next year, spokesperson of Liviko alcoholic beverages importer and wholesale trade company and Latvian Alcohol Industry Association Gennady Klepikov reported. According to him, it is hard to predict next year’s prices of imported products in Latvia, as much…
Over the ten months of 2016 turnover in the agriculture sector between Ukraine and Egypt has reached $1 billion. Deputy Agrarian Policy and Food Minister of Ukraine on European Integration Olha Trofimtseva stated this during the Ukrainian-Egyptian Business Forum and a sitting of the Ukrainian-Egyptian Business Council with participation of Ambassador of Egypt to Ukraine…
ADM Company is planning to significantly expand capacity of its corn processing facilities in Turkey and Bulgaria by the end of the first half of 2018. Pierre Duprat, ADM’s president for Europe, Middle East and Africa, stressed that there was significant potential for expanding production of starch-based ingredients in Europe and the Near East due…