The Ministry of Economic Development and Trade of Ukraine has increased its forecast of growth of agricultural production in Ukraine in 2016 to 2.2%, as opposed to 0.7% in the previous forecast. According to the announcement, in 2016 the country witnessed rather high volumes of agricultural crops production, especially spring crops, compared with the expected…
The effect for Ukraine from additional trade preferences, the draft regulation of was presented in September, in terms of product exports to the European Union will reach nearly $100-150 million, the Deputy Minister of Economic Development and Trade of Ukraine – Trade Representative of Ukraine Nataliya Mykolska declared. According to her, it is not the…
10.4 KMT of rapeseed oil was shipped to foreign markets in October against 15.4 KMT in September and 16.4 KMT in October 2015. In total 41.7 KMT was supplied to foreign market in the first four months of 2016/2017 (July-October), down by 63.2 KMT (60%) YoY (104.9 KMT). The rapeseed oil export trends are similar…
According to the official customs figures, in July-October the exports of Kazakh wheat increased by 22% YoY and totaled 1.1 million tons. Uzbekistan became the largest country-importer of Kazakh wheat and purchased nearly 50% of the reporting grain volumes. During the first four months of the current season Kazakhstan exported 0.7 million tons of wheat…
Kazakhstan can become a country-producer of organic products for the entire world, the President of Kazakhstan Nursultan Nazarbayev declared. According to him, Kazakhstan has a very rich land, 40 million ha of cultivated lands, and 290 million ha of pasture land. Nazarbayev noted that due to the constant growth of population the demand for food…
Purchase prices for grains continued strengthening on Bulgaria’s domestic market last week. The Bulgarian national currency strengthened against the U.S. dollar over the week, though its growth was slight. The domestic grain market is propped up by reviving demand not only from millers but also from traders. The market purchasing operations are assessed as active.…
According to the information of the State Statistics Service, Ukraine’s reserves of grains and pulses totaled 27.11 MMT as of November 1, down by 12% YoY (31.71 MMT). Wheat stocks decreased by 16% to 12.13 MMT against 14.44 MMT as of November 1, 2015. Corn stocks shrank by 18% to 10.54 MMT, as harvesting in…