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…
In 2015/2016, corn exports from Ukraine were down by 11.4% YoY, at 16.76 MMT. The corn harvest decrease was the main factor that slashed deliveries to all the key destinations except for the EU – on the contrary, Ukraine managed to boost exports to Europe by 44.4% to 8484 KMT. The situation may change in…
The Cabinet of Ministers passed a resolution permitting to make up export parcels from grain of different grades at elevators. First Deputy Economy Minister Maxim Nefedov says a weird regulation is in effect in Ukraine: when you are exporting grain of different grades, they must be kept separately according to the Ukrainian quality standards while…
As of November 28, winter crops had been sown on 6950 thousand ha, or 94% of the forecast area of 7374 thousand ha. This included 5909 thousand ha of winter wheat and triticale, or 95% of their projected area (5644 thousand ha in 2015), 158 thousand ha of rye (107%, 145 thousand ha in 2015),…
According to the Ministry of Agriculture, as of November 17, 416.7 thousand ha of corn were threshed, which was 98.6% of the plan (423 thousand ha). 2201 KMT were harvested with the average yield of 5.28 MT/ha. Pace of harvesting is 2.5% higher than in 2015. On the reporting date, average corn yield is 3.7%…
It is projected to build a plant for refining and deodorization of vegetable oils. The project will be implemented by Oil Partner on the premises of a complex of nonresidential buildings. The municipal authorities of Vinnytsya have already issued relevant permit to design the reconstruction. Design documentation will shortly be worked out and approved in…