News

05.11.2009 10:43

Ukraine: poor condition of rapeseed sowing

05.11.2009 10:43

Nearly 30% of winter rapeseed seedlings in Ukraine show weak and thinned condition, declared Ivan Demchak, the Deputy Minister of Agrarian Policy. According to him, only 75% of winter rapeseed sowing from 1.4 mln ha of initial sowing areas received rapeseed seedlings.

04.11.2009 12:52

Soybeans To See Best Demand Growth In Grains - Goldman

04.11.2009 12:52

Soybeans are expected to see the “lion’s share” of global demand growth for grain in the coming years due to increased meat demand, Jeffrey Currie, head of commodities research at Goldman Sachs, told Dow Jones Newswires Tuesday.

Speaking on the sidelines of the Food Security conference in London, Currie said annual demand growth for soybeans is expected to increase 3.5%, compared with 2.5% for corn and 1% for wheat. “Yields can’t keep up with demand anymore, we’ll have to expand acreage,” said Currie. Demand for grains used for animal feed will drive growing grain demand and soybeans are a key source of protein for meat production, said Currie.

04.11.2009 12:41

China Aims For 2010 Grain Output Capacity Of 500M Tons/Year

04.11.2009 12:41

China’s government said Tuesday it plans to attain grain production capacity of 500 million metric tons in 2010, raising it to 530 million metric tons in 2015 and 550 million metric tons or higher in 2020.

04.11.2009 12:27

India May Import 2M Tons Of Rice Over Next 12 Mos

04.11.2009 12:27

India may import a total of two million metric tons of rice over the next 12 months in phases to meet a possible shortfall after a drought. The imports will start only if a senior group of ministers approves the proposal, put forth by the food ministry, at a meeting scheduled Nov. 12, according to a food ministry document seen by Dow Jones Newswires Tuesday.

04.11.2009 11:40

Ukraine: state company “Zerno Ukrainy” to become the governmental operator of grain exports

04.11.2009 11:40

The Ministry of Agrarian Policy of Ukraine initiates the foundation of the company “Zerno Ukrainy”. To date, several Ministries and departments coordinate the law project, declared Yuri Melnik, the Minister of Agrarian Policy.

04.11.2009 11:05

Ukraine: large harvest of grains and decrease of sale prices lowered inflation in September

04.11.2009 11:05

The high harvest results of grains in the current year and continuation of the tendency of the decrease of sale prices of agricultural products became the factors, hindering inflation development in September, declared Bogdan Danilishin, the Minister of Economics of Ukraine.

03.11.2009 10:08

World Wheat Prices Seen Doubling In Next 3 Decades - IFPRI Exec

03.11.2009 10:08

World wheat prices are expected to double in the next three decades, with an increase of up to 20% in the next decade, Joachim von Braun, director general of the International Food Policy Research Institute, told Dow Jones Newswires Monday. Speaking on the sidelines of a Food Security conference in London, von Braun said wheat is the most “troubled” grain crop going forward due to an expected increased incidence of disease combined with a lack of yield increases.

03.11.2009 09:54

Russia Begins Grain Intervention Purchases

03.11.2009 09:54

Russia Monday began grain intervention purchases, the agriculture ministry said. Trading is being carried out by state-owned United Grain Company. The first trading session resulted in the purchase of 5,400 metric tons of wheat from a farmer at RUB3,300 ($113.6) a ton, which is considered to be a good market price, the ministry said.

03.11.2009 09:42

During four months of 2009/10 MY, Ukraine exported 9 mln tonnes of grains

03.11.2009 09:42

Ukrainian Agrarian Confederation forecasts the volumes of general grain production in Ukraine in 2009 at the level of over 47 mln tonnes, including over 10 mln tonnes of maize. Even the rates of grain exports exceeds the previous year export volumes, when grain harvest totaled 53 mln tonnes, declared Sergey Stoyanov, the general director of the organization.

02.11.2009 18:35

Ukraine decreased nitrogenous fertilizers production by 24%

02.11.2009 18:35

During January-September of 2009, enterprises of the chemical industry of Ukraine decreased production volumes of nitrogenous and mineral fertilizers by 24.4% compared to the same period of the previous year – to 1.6 mln tonnes, declared the State Committee of Statistics of Ukraine.


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