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…
According to the Ministry of Agriculture, as of November 10, 759.9 thousand ha of sunflower had been threshed, or 99.9% of the plan. 1699.7 KMT had been threshed with an average yield of 2.24 MT/ha. Soybean had been threshed from 14.4 thousand ha, or 99.3% of the harvested area (14.5 thousand ha). 18.6 KMT of…
Azerbaijan will supply 500,000 bottles of wine to China, the Economy Ministry said. The ministry said that the agreement on the supply was reached during the visit of an export mission of Azerbaijani entrepreneurs to Hong Kong and Guangzhou on November 9-15. During the visit, the Azerbaijani entrepreneurs took part in two international exhibitions of…
As of November 14, winter crops were planted on 6911 thousand ha, or 94% of the forecast area of 7374 thousand ha. This included 5888 thousand ha of winter wheat and triticale – 95% of the projected area (5597 thousand ha in 2015), 157 thousand ha of rye – 107% (145 thousand ha in 2015),…
Belarus and Venezuela are discussing the launch of supplies of Belarusian food. This issue was addressed during a meeting between Belarusian Ambassador to Venezuela Oleg Paferov and Venezuela’s Food Minister Rodolfo Marco Torres, the press service of the Ministry of Foreign Affairs of Belarus reported. “The parties discussed the development of bilateral cooperation in the…