News

Last week the domestic market of sunseed and soybeans followed an upward trend again. It looks quite predictable in view of aggravating competition among buyers and the desire of growers to get as high profit as possible, reports UkrAgroConsult.

Today the 15th Anniversary International Conference "Black Sea Grain: Moving Up the Value Chain" have started its work in Kyiv. This leading conference of the grain sector of Ukraine and the Black Sea region, organized by the UkrAgroConsult, has gathered more than 700 delegates from 50 countries of the world.

In Europe, Ukrainian rapeseed, corn, soybean and wheat is used at E.U. processing plants for the production of biofuel and bioethanol. According to Nibulon, the demand for these Ukrainian grains are continually rising. Using bioethanol as a fuel can reduce carbon dioxide, a greenhouse gas, emissions into the atmosphere.

Ukraine as of Friday, April 6, had sowed 138,000 hectares with grain and leguminous crops, or 6% of the forecast, the Ministry of Agrarian Policy and Food has said.