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,…
The market of the European Union is one of the top-priority ones for products of Ukrainian agrarians, the Head of the State Service on Food Safety and Consumers Protection Volodymyr Lapa declared. According to him, the consumer demand on the domestic market will continue growing in rather slow rates, taking into account the current economic…
In 2016 Ukraine exported 4.8 million tons of barley, up by 170 thousand tons YoY, the State Fiscal Service of Ukraine reported. Barley export declined in monetary terms to $665.94 million against $768.77 million in 2015. Saudi Arabia imported the grain at the sum of $279.68 million, Libya – $110.68 million, and China – $41.55…
After a long period of low milk purchase prices in Estonia, milk retail prices in the Baltic country have increased twice, reaching the point where farmers received just enough to cover milk production costs. In 2016 Estonian consumers were paying an average of 35 cents per liter for milk in stores, while milk producers were…
Belarus satisfies a considerable part of Russia’s demand for milk, Member of the Board (Minister) for Industry and Agribusiness of the Eurasian Economic Commission (EEC) Sergei Sidorsky said. He noted that Russia was able to meet as much as 82% of its domestic demand for milk. “This is the lowest among the members of the…
The implementation of numerous measures on agriculture development for the period 2016-2020, aimed at ensuring increased yields and productivity of agricultural products, the expansion of cultivated lands for growing fruit and vegetables, resulted in increased volumes of products (services) in agriculture, forestry and fishing at 6.6% YoY. Meanwhile, growth in crop sector, animal production and…