France’s wheat stocks at the end of the current season will be higher than previously forecast on falling exports and as livestock breeders switch to cheaper barley to feed their animals, crops office FranceAgriMer said.
In January-November of 2009, commodity exports from Ukraine totaled 35.6 bln USD, imports – 40.4 bln USD, which totaled 56.6% and 50.1% compared to January-November of 2008 respectively.
According to the current data of the polling of agricultural producers of Ukraine concerning their investment plans, realized by APK-Inform two times per year, the majority of agricultural producers of Ukraine does not plan to purchase agricultural technical equipment in the nearest half a year. According to market participants, the limited access to bank credits, and the absence of financial support from the government became the main reason of such decision.
In March-April of 2010, prices for mineral fertilizers on the world markets will grew by 10-15%, then in two months, after the ending of the season of fertilizers introduction, the prices will reduce to the level of 2009, forecasted Alexei Kunchenko, the president of CJSC Severodonetsk association AZOT (Lugansk oblast).
For the first time, in 2009, Kazakhstan supplied 2.2 mln tonnes of flour on foreign markets, which totaled over 3.1 mln tonnes in grain equivalent. The country takes the first place in the world rate of flour exporters for the third time, declared the press-cutting service of the Ministry of Agriculture of the Republic of Kazakhstan.
Soybean farmers in Brazil, the world’s biggest producer after the U.S., may harvest about 5 percent more than previously forecast in the current season as rain boosts yields, a government official said.
What follows are opening calls for U.S. grain and oilseed markets.
White sugar rose for a fifth day in London to the highest level in at least two decades on speculation a global supply shortfall will buoy demand and sustain prices.
The economic court of Odessa oblast (Ukraine) issued the decree and started the procedure for liquidation of recognition the bankruptcy of Vector Oil Trade Ltd. and Vector Oil Agroinvestments Ltd. (Odessa).
During eleven months of 2009, the volumes of agriculture products output in the Autonomous Republic of Crimea (Ukraine) increased by 5.6% compared to the same period of 2008, including plant growing products – by 7.2%.