Last week weather pattern changed and air temperature dropped by 7-10 C after a hot and dry period. Rains were observed everywhere, though their distribution was uneven. In the North, East and Center of Ukraine there were 5-15 mm of precipitations. In the West and South rains were seen locally and their quantity was no…
The estimated volume of Ukrainian grain exports in the new marketing year can break the record of the previous year and reach about 41 million tons. President of the Ukrainian Grain Association Volodymyr Klymenko said this at a briefing. “The overall grain production is 63.5 million tons now. 41 million tons will be exported. We…
As of August 15, early grains and pulses were harvested from 9590 thousand ha (99% of the intended area) compared with 10105 thousand ha on August 14, 2015. Farmers obtained 37.756 MMT with average yields at 3.94 MT/ha (36.501 MMT with average productivity at 3.61 MT/ha). Wheat was harvested from 6160 thousand ha – 99%…
On August 5, authorized representatives of Ukraine and Indonesia signed a memorandum on cooperation between the agricultural ministries of the two countries. At this stage, a free trade zone is being discussed. Mutual interest in cooperation is expected to trigger increase in export-import flows of crop products. In this segment Asian countries are traditionally considered…
In 2015/2016 Ukraine exported 344.2 KMT of flour, up by 32% YoY. China remained the key market for Ukrainian flour. In 2015/2016 Ukraine increased exports to China by 35%, to 83.3 KMT. Higher volumes were purchased by Indonesia, Palestine, Panama and Moldova. In 2015/2016 Ukrainian exporters opened such markets as Libya and Angola. Decrease in…
In 2016 the general harvest of grains in Ukraine will reach 63 million tons, up by 5% YoY, the deputy director of the department of farming and technical policy in the agro-industrial complex at the Ministry of Agrarian Policy and Food Leonid Suhomlyn declared. He noted that the harvesting campaign of early grains and pulses…
Myronivsky Hliboproduct (MHP) saw a 29% fall in net profit in April-June YoY, to $165 million. According to a report of the holding posted on the London Stock Exchange (LSE) on Wednesday, its revenue in Q2 2016 fell by 7%, to $286 million, gross profit grew by 4%, to $142 million, operating profit decreased by…