News

29.10.2009 17:29

EU Ticks Off French Govt Over Announcing State Aid For Farms

29.10.2009 17:29

European competition watchdogs Wednesday gave French President Nicolas Sarkozy a ticking-off for announcing a flood of money for its farmers without first informing Brussels.

29.10.2009 17:22

U.S. Economy Started to Grow Again in the Third Quarter

29.10.2009 17:22

Ending a year of contraction, the United States economy grew in the third quarter, the Commerce Department said on Thursday. But even if a recovery is technically in the offing, job seekers likely will not begin to feel the benefits for months to come. The nation’s gross domestic product expanded at an annual rate of 3.5 percent in the three months ending in September, a significant spike from a somewhat shrunken base. The economy had contracted at annual rates of 0.7 percent and 6.4 percent in the second and first quarters of this year, respectively.

28.10.2009 11:43

Ukraine sowed winter grains throughout 7.6 mln ha

28.10.2009 11:43

As of October 23 of the current year, Ukraine sowed winter grains throughout 7.6 mln ha (97% from the forecasted areas), which nearly corresponds to the previous year level, declared the Ministry of Agrarian Policy of Ukraine.

28.10.2009 11:36

Ukraine harvested 43.3 mln tonnes of grains as of October 23

28.10.2009 11:36

As of October 23, Ukraine harvested 43.3 mln tonnes of grains, a decrease of 12.3% compared to the same date of previous year, declared the Ministry of Agrarian Policy. According to information of the Ministry, agrarians harvested grains throughout 14.6 mln ha, or 96% from the forecast.

27.10.2009 07:32

Russian Banks Count Pigs, Lingerie as Collateral

27.10.2009 07:32

When Russian billionaire Alexander Lebedev’sOAO National Reserve Bank seized collateral offered against a loan from a cash-strapped borrower, a health quarantine was slapped on the security: 40,450 pigs. “We had a court decision to take away the collateral, which is the pigs,” Lebedev, 49, said in an interview in Moscow. The borrower, a farm near Samara on the Volga river, agreed “with the local authorities to establish a quarantine” against African swine fever. The former KGB officer is still waiting to collect the pigs offered against a loan of 100 million rubles ($3.5 million). A kilogram of live pig costs an average of 78.4 rubles, the National Meat Association says.

26.10.2009 15:11

Ukraine exported 8.2 mln tonnes of grains

26.10.2009 15:11

From the beginning of the current marketing year (MY, July 2009 – June 2010), and as of October 22, Ukraine exported 8.2 mln tonnes of grains, an increase of 2.5% compared to the same period of 2008/09 MY, according to the information of the Ministry of Agrarian Policy.

26.10.2009 15:05

Russia to start grain interventions on November 2

26.10.2009 15:05

In the current year, governmental purchasing interventions on the market of grains will start on November 2, declared Elena Skrynnik, the Minister of Agriculture, on October 23.

26.10.2009 12:04

In September, Ukraine produced nearly 31 thsd tonnes of groats products

26.10.2009 12:04

According to the data of operative statistics, in September 2009, Ukrainian enterprises produced 31.4 thsd tonnes of groats products as opposed to 23.4 thsd tonnes in August. Ukraine also increased the production volumes by 8% compared to September 2008.

23.10.2009 10:32

Futures Demand Exceeds Corn Demand In CBOT Rally

23.10.2009 10:32

“The real negative point of this is that nearly all corn sold was to fill out soymeal cargos,” said MaxYield commodity trade adviser Karl Setzer. “Nobody really wanted our corn, but took it anyway.”

Traders and analysts differ on the significance of the weak sales, whether they have been caused by higher prices and to what extent the poor sales would weigh on the market.

22.10.2009 10:46

President of Ukraine stands for lifting the moratorium

22.10.2009 10:46

President of Ukraine Victor Yushchenko is calling to lift the moratorium on trade in agriocultural land. This prohibition is hindering investments into agriculture, into development of the sector's infrastructure.


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