Although the Latvian excise duty on strong alcoholic beverages has been cut by 15%, retailers haven’t yet lowered prices, as they are still selling the products purchased at the previous tax rate, Henriks Danusevics, president of the Latvian Traders Association, announced. Danusevics explained that retailers could start buying alcoholic beverages at the reduced tax rate…
A Ukrainian delegation will participate in the 46th Apimondia International Apicultural Congress, which will take place in Montreal from September 8 to September 12, Ukraine’s Embassy in Canada has reported. “For the first time, Ukraine will be represented by the National Stand where you will have a possibility to taste the honey products from leading…
Some 86.2% of Ukrainian agricultural enterprises were profitable in 2018, including all 22 large agricultural enterprises, Director of the Institute of Agrarian Economics Yuriy Lupenko has said. “Last year 86.2% of agricultural enterprises posted profits. At the same time, all 22 large agricultural enterprises were profitable, and they secured 11.9% of the industry’s profit,” the…
Economist from the Investment Center of the Food and Agriculture Organization (FAO) of the United Nations Andriy Yarmak said the profitability of milk production in Ukraine in July grew by 33.6% YoY. “The Ukrainian Milk Index (UMI, conditional profitability of milk production) at commercial enterprises was already 33.6% up in July against the figure reported…
Beer sales on Estonia’s northern border increased 2.2-fold YoY in July, according to the Estonian Breweries Association. Last month beer sales across Estonia increased approximately by 45%, while the sale of cider and other low-alcohol by volume (ABV) beverages rose by 37%, the association said. Beer producers’ July sales figures indicate that the Estonian market…
Ukraine exported 301 thousand tons of wheat flour in MY 2018-2019, down by 30% YoY (429.8 thousand tons). This is the lowest volume of exports in five years. Flour production also dropped in MY 2018-2019, to 1.7 million tons (by 13% from 1.9 million tons in MY 2017-2018). The key export destinations include Asia, Africa,…
The Research Institute of Vegetable Growing under the Azerbaijani Ministry of Agriculture conducts extensive research and practical work on the production of potato seeds. Seeds of national potato varieties are grown in the sown areas of the experimental Saritala station in Tovuz region, along with the base of the research institute in neighboring Shamkir. The…