News

Sugar prices will extend a slump, following the biggest quarterly plunge since 1985, as Brazil and India, the world’s largest producers, harvest bumper crops next season, analysts and traders said.

As of March 29, agrarians of Ukraine sowed spring crops, grains and leguminous plants throughout 640 thsd ha, which totaled 15% of the general forecasted areas, as opposed to 700 thsd ha on the same date of the last year, declared Nikholay Prisyashnuk, the Minister of Agrarian Policy of Ukraine.

In 2009, the general production of grains and leguminous plants in Ukraine totaled 46.03 mln tonnes in clean weight, a decrease of 13.6% compared to the same index of 2008, declared the State Statistics Committee of Ukraine, on March 26.

Russia is interested in additional supplies of maize, soybean and barley from Ukraine, declared Viktor Slauta, the Vice-Prime-Minister of Ukraine, on March 26.