News

U.S. stocks rallied, sending the Dow Jones Industrial Average above 10,000 for the first time in a year, on better-than-estimated earnings at JPMorgan Chase & Co. and Intel Corp. Oil climbed, while the Dollar Index slid to the lowest level since August 2008 and Treasuries fell.

In 2009, the general production volumes of oilseeds in Ukraine are expected at the level of nearly 9 mln tonnes, including 6.1 mln tonnes of sunflower, 1.89 mln tonnes of rapeseed, 950 thsd tonnes of soybean, declared Stepan Kapshuk, the general director of the association "Ukroliyaprom", during the International conference of oilseeds, vegetable oils and by-products ("Oilseeds & Oils 2009"), taking place in Istanbul (Turkey) on October 12-14.

Ukraine, Russia and Argentina take 53%of the world market of sunflower production (18%, 22% and 13% respectively), declared Vadim Litvinenko, the analyst of the market of oilseeds and by-products of APK-Inform Agency, reporting at the international conference “Oilseeds & Oils 2009” (Turkey). These three countries export nearly 32% of the world exports of sunflower seed.

As the International Monetary Fund(IMF) and the World Bank annual meetings approach as another arena for policy makers to discuss ways to resume and sustain growth, the world economy is scrabbling on the way out of the deepest recession since the 1930s.