The company Nibulon plans to invest 1.5 billion UAH in construction of the terminal in Kherson region, the deputy at Kherson Regional State Administration Andrii Putilov declared. The new terminal will be completed in early 2017. The terminal is designed for grain and oil crops shipment on river and sea transport. The similar terminal in…
In September corn shipments from Ukraine were minimal over the last seven years due to harvesting delay and exporters’ focus on wheat exports. During the first month of season 2016/2017 Ukraine supplied 56.7 KMT of corn to foreign markets, down by 63% YoY (150.3 KMT). Egypt was the largest importer of Ukrainian corn in September…
According to the State Statistics Service, during the first 9 months of 2016 the general turnover of foreign trade of Ukraine in agricultural products (groups 1-24 of UKT VED) totaled $13.5 billion, up by 2.3% YoY, the Deputy Director on scientific work at the National scientific center “Institute of agrarian economy” Nikolai Pugachev declared. He…
The European Investment Bank (EIB) is considering the possibility of financing the projects of Ukrainian grain market operators to expand and modernize their logistics infrastructure, according to the website of this international financial institution. “The project is expected to remove existing bottlenecks related to transportation and storage of cereals, reduce the in-land transportation costs as…
According to the president of Bulgarian Association of Grain and Feed Traders (BAGFT) Martin Rusev, wheat exports are estimated at 3.9 MMT in the 2016/2017 MY, of which 2.1 MMT were shipped abroad in July-October. This part of grain was supplied to the European Union, and wheat was mainly forage (1.8 MMT). Rusev believes that…
In the current season, the prices for rye in Ukraine are comparable to the prices for feed wheat, which will possibly lead to increasing the planted areas of rye, the Commercial Director of Rivne-Boroshno PJSC Roman Tsaruk declared. According to Tsaruk, the composition of Ukrainian soils will contribute to increasing of rye planted areas, because…
In 2015/2016 MY, Ukraine increased the export shipment of vegetable oils by containers, the Associated Partner at Global Ocean Link Pavel Mirzak declared. In particular, container shipping of sunflower oil increased by 24% YoY, soybean oil – 4.8 times. In January-August the port of Odessa covered more than half of the container shipment of the…