Trade mission of Kazakh producers was held in Teheran during which negotiations with potential Iranian customers were conducted. The countries signed the Road map on trade, economical and investment cooperation in different spheres of industry and agriculture. It should be noted that currently 160 joint Kazakh – Iranian companies are already working in Kazakhstan. Iranian…
In July Kazakhstan exported 11% more flour than in July 2015 (141.3 KMT against 126.8 KMT). Over 11 months of 2015/2016 Kazakhstan increased flour exports by 29% YoY. Afghanistan imported record high volume of Kazakh flour during the period in view – 1096 KMT. Last time Afghanistan imported such large volumes of flour in 2009/2010.…
In 2015/2016 MY the processing volumes of sunflower seed in Ukraine broke a record and reached 11.7 million tons, up by 11% YoY. Taking into account the fact that last season the general processing capacities in the country totaled 16 million tons per year, in 2015/2016 MY the average loading rate of oilseed processing enterprises…
In 2015/2016 MY, Ukraine received 48 notifications about qualitative characteristics of exported grains, which break a record, the chief specialist of the Phytosanitary security department at the State Service of Ukraine on Food Safety and Consumer Protection Elena Shakina declared. According to her, 35 notifications came from the quarantine service in Indonesia. At the same…
Heineken United Breweries will suspend production at PIT Company, its affiliate in the Russian city of Kaliningrad, from January 1, 2017 to maintain efficiency, the company said in a statement. PIT Company’s production will be redistributed among other Heineken companies, but some of its area will be used as storage. “The company has made the…
On October 4, Egypt purchased 240 KMT of milling wheat from Russia for shipment during November 1-10, at the average price of $187.11/MT C&F. The price at the previous tender equaled $187.03/MT C&F. The purchase included: 60 KMT of Russian wheat from Union at $186.32/MT C&F ($177.77/MT FOB with a freight rate of $8.55/MT); 120…
On September 22-29, CBOT corn prices declined by 2.2%. Last week heavy rains delayed corn harvesting in the USA. Farmers threshed corn from 15% of the intended area (16% in 2015), which was 4% below the five-year average. However, favorable weather conditions established in many producing regions, which allowed increasing the harvesting pace, and pressured…