In 2016 Ukraine will keep the trend of increasing of the profitability of soybeans and rapeseed production, the Director of the National Scientific Center “Institute of Agrarian Economics”, Academician of the NAAS Yuri Lupenko declared. According to scientists of the Institute of Agrarian Economics, in the current year the profitability of soybean production will increase…
Latvia’s Dobeles Dzirnavnieks grain processing company plans to increase exports to Scandinavia, the company’s board chairman Kristaps Amsils. “This year and next year we will continue focusing on our new products with higher added value. At present we are already exporting to the Nordic countries – Denmark, Sweden and Finland. Our sales volumes are growing…
Kazakhstan started the new flour season of 2016/2017 with brisk exports. 177 KMT of flour was supplied to foreign markets in September, up by 18.6% YoY (149.2 KMT in September 2015). In addition, the September export volume is the largest for this month since 2010. The top importers of Kazakh flour remain the same neighboring…
According to the Agency of Statistics of the Republic of Kazakhstan, in October the production volumes of vegetable oils reached the record figures – 33.6 thousand tons. During two months of 2016/2017 MY the figure exceeded the production of vegetable oils in the same period last season by 30%. A significant increase in the production…
On November 14-20, it was cooler than usual and insignificant precipitation was registered. The average weekly air temperature in the country was +1.1-3.7 degrees C, or 1.0-1.5 C below normal. Minimum air temperatures reached 6 degrees C below zero. Almost no precipitation was observed during the week, just at most 1-3 mm (5-35% of normal)…
The export market of Kazakhstan saw growth of milling wheat prices last week. It was fueled by the following factors: reviving demand from key importers; consequent growth of Kazakh wheat exports by a third against 2015 early in the season; rising domestic prices for milling wheat in Kazakhstan against the background of volatility of the…
Purchase prices for grain in Bulgaria’s domestic market closed the week with an increase following their downturn a week ago. At the same time, the Bulgarian lev has devalued by almost 5% over the two weeks. Market purchases of milling wheat remain quite brisk. Growth of prices was reported both in the domestic and export…