13.07.2012
UCAB: Export perspectives of Ukrainian grain reducing day by day due to heat
The export potential of grain crops with each day of bad weather is reducing. In the 2012/2013 marketing year, it will decrease by almost 5 million tons as compared with the previous season due to lower harvest of early crops. Moreover, the experts have the fear of further decline in exports due to record material losses of farmers this year, the Ukrainian Agribusiness Club (UCAB) said in a statement.
more13.07.2012
New law on agricultural insurance guarantees compensation of half the policy cost - official
Ukrainian farmers could well insure their crops before, but the new law on insurance guarantees that the state will reimburse half the cost of insurance policies.
more13.07.2012
2012 grain harvest may fall to 40 million tons with lasting drought - expert
Dry weather conditions in June, which were observed over almost the entire territory of Ukraine, had a negative impact on early crops. Experts predict a decrease in Ukraine's grain harvest by 3 million tons to 44 million tons.
more13.07.2012
USDA cuts forecasts for corn, soybean production
Global production in 2012/13 is cut 6.7 million tons, mostly in China, Russia, and Kazakhstan.
more12.07.2012
Prospects for the harvest of sunflower in 2012 worsened – Ukrainian Hydrometeorological Center
The prospects for the harvest of sunflower seed in Ukraine in 2012 significantly worsened. The market already received information about charging-off of certain low-developed oilseed areas, declared Tatyana Adamenko, Head of the agricultural meteorology department of the Ukrainian Hydrometeorological Center, on July 11.
more11.07.2012
Ukraine, Russia can sell 300-350 thousand tons of sunflower oil on global market - Oil World
In July-September, sunflower oil will not lose its price attractiveness, especially because of a shortage of competing oils and fats in the market, and the worsening prospects for soybean production in the U.S.
more11.07.2012
UCAB: Next year Ukraine may run out of bread grain
Next year Ukraine may lose milling wheat, if the situation with the unprofitability of grain production is not changed in the near future, President of the Ukrainian Agribusiness Club (UCAB) Alex Lissitsa told reporters on Tuesday.
more11.07.2012
Agriculture ministry downgrades grain export forecast for 2012/13 from Ukraine to 20 m t
The Agricultural Policy and Food Ministry of Ukraine has downgraded its forecast for exports of grain from the country in the current agricultural year (July 2012 – June 2013) from early anticipated 22-23 million tonnes to 20 million tonnes.
more11.07.2012
Grain producers lose 10 billion UAH this year
As a result of the drought, the yield of early grain crops in the most affected steppe zone of Ukraine decreased from 22 centner/ha to 16 centner/ha, leading to loss of production at the level of 15-20%. In addition to losses from bad weather, the standardized monetary value of land has increased by 75.6% and became an additional financial burden for farmers this year. As a consequence, according to the calculations of the Association "Ukrainian Agribusiness Club" (UCAB), this year farmers may suffer record losses - about 10 billion UAH. The President of the Association "Ukrainian Agribusiness Club" Alex Lissitsa informed bout this during a press conference yesterday.
more10.07.2012
Ukraine can make itself known on world food market - expert
Ukraine has a unique opportunity to make itself really known on the world food market. And as Russia lives thanks to oil and gas exports, Ukraine could live off food exports.
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