News

27.04.2010 17:22

UKRAINE: GRAIN TRADERS FORCED TO REDUCE PRICES DUE TO VAT DEBTS

27.04.2010 17:22

Grain traders in Ukraine have to reduce purchase prices UAH 200-250 (USD 1/UAH 7.925) due to the huge VAT debts owed them by the government of Ukraine for months, Leonid Kozachenko, president of the Ukrainian Agricultural Confederation (UAC) stated on Monday.

"Agriculture's share of Ukraine's exports has reached 25% and at the same time 56% of total VAT debts have not been returned to us in cash by the government. No single business sector should receive payment for debts in the form of commodities - by grain, spare parts, garments, metallurgists and chemists have no such possibility. It is distortion of a process of the debt return," Kozachenko noted.

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27.04.2010 16:34

World Agrinews

Canada's Projected Record Canola Acreage May Rise Further

27.04.2010 16:34

Canadian farmers are expected to plant record canola acres this spring, Statistics Canada said Monday in its planting intentions report.

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27.04.2010 16:24

World Agrinews

China Wheat Prices Stable To Lower On Weaker Seasonal Demand

27.04.2010 16:24

Wheat prices in China's major producing areas were mostly stable in the week to Monday, with prices in some areas drifting lower on weaker seasonal demand.

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27.04.2010 16:18

World Agrinews

Argentina Seen Planting More Wheat, But Many Doubts Remain

27.04.2010 16:18

Argentine wheat-planting prospects remain uncertain due to government policy and the weather, but most expect production to rise significantly from the amount grown from 2009-10's drought-stricken crop.

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27.04.2010 16:12

News From Agro-Industrial Complex

Ukraine Plants Spring Grains On 4.39M Hectares To April 23

27.04.2010 16:12

Ukraine planted spring grains on 4.39 million hectares, or 58% of the planned total area, in the year to April 23, the Agriculture Ministry reported Monday.

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27.04.2010 16:05

World Agrinews

U.S. Corn, Wheat, Cotton Planting Advance, USDA Says

27.04.2010 16:05

U.S. farmers accelerated planting of the corn crop last week ahead of weekend rain, government data show. Winter-wheat conditions held steady.

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27.04.2010 16:03

World Agrinews

Soybeans Fall From 3-Month High on Lower U.S. Exports

27.04.2010 16:03

Soybeans fell from a three-month high on signs that importers are slowing shipments from the U.S., the biggest exporter.

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27.04.2010 15:45

World Agrinews

Sugar Rises Most in Week on U.S. Quota Increase, China Drought

27.04.2010 15:45

Raw sugar rose the most in a week after the U.S. increased its import quota and on speculation that drought in China will curb production and tighten global supplies.

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27.04.2010 15:42

World Agrinews

Cattle Rise on Signs of Shrinking Feedlot Supplies; Hogs Drop

27.04.2010 15:42

Cattle rose for the fourth time in five sessions after a report showed that U.S. feedlots bought fewer animals than expected in March, signaling reduced supplies of fattened cattle in the future. Hogs declined.

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26.04.2010 11:57

UAC News

VAT “Automatic” Refund: Political Will Needed

26.04.2010 11:57

It takes political will to “automatize” the VAT refund. Also, it takes insignificant, but meaningful, changes in VAT administering which are to “strike the trump cards” from the hands of those who “dally” over refund referring to the interests of the state – deems Sergei Stoianov, Director General, Ukrainian Agrarian Confederation

This country has deviated too far away from the path of civilized countries. We already got used to various disgraceful practices surrounding our daily life. However notorious they might be, our “ways” and logics of our actions, our administering, our judicial proceedings, our daily life (read: “communal economy”) and many-many other aspects of our itsy-bitsy life are not understandable either to an ordinary foreigner, or to “weather-beaten” top-managers of transnational companies with their subsidiaries in many countries of the World.