In 2016 the profitability of agricultural production is expected to reach 41.8%, down by 3.8% YoY, the Director of the National Scientific Center “Institute of Agrarian Economics” Academician of the NAAS Yuri Lupenko declared. In particular, the level of profitability in plant growing commodities production will decline by 1.7% YoY, to 48.9%. The profitability of…
In January-September Kazakhstan exported 5.2 million tons of grains including flour in grain equivalent, the expert of the department of plant growing products growing and processing at the Ministry of Agriculture Sagintay Zhumazhanov declared. In 2015 Kazakhstan supplied 7 million tons of grains and flour to foreign countries. The list of traditional importers of Kazakh…
Sunmeal exports from Ukraine totaled 142.0 KMT in September against 85 KMT in August and 139 KMT in September 2015. Analysts expect Ukraine’s overall 2016/2017 sunmeal export to reach at least 4400 KMT. The range of export destinations did not change substantially in September. As before, the top buyers of Ukrainian sunmeal are European countries…
According to the November balance sheets by NGO “Economic discussion club”, coordinated by the Interdepartmental working group under the Ministry of Economic Development of Ukraine, in September-October of 2016/2017 MY the export volumes of sunflower oil from Ukraine totaled 706 thousand tons. The general export volumes of sunflower oil in the current season are forecast…
Industrial Milk Company (IMC) saw a 17.1% YoY fall in net profit in January-September 2016, to $16.69 million. According to a company report on the Warsaw Stock Exchange (WSE), its revenue fell by 19.9%, to $80.25 million. Taking into account the published data for H1 2016, the company saw $2.07 million of net loss in…
EU farmers will keep soft wheat area the same for the 2017 harvest despite the depressant of weak prices, Strategie Grains said, citing a limited switching of land to rapeseed instead. The influential analysis group in its first detailed forecast for EU cereals sowings for next year’s harvest pegged soft wheat area at 24.3 million…
Danosha company will invest next year in equipment that will enable producing soybean oil and cake right at the plant. Over the recent years, soybeans have been sown in the test mode to check out if the local conditions are suitable for this crop. In late October Danosha finished soybean harvesting with a yield of…