Ahead of talks between the EU institutions on the EU’s renewable energy Directive, Copa and Cogeca sent a joint letter today urging the EU to follow the Council’s general approach to have true targets for renewable energy sources to decarbonise the transport sector. Copa and Cogeca believe that the EU should have a a binding blending obligation on fuel suppliers of at least 14%, without technological restrictions.
The United States Department of Agriculture (USDA) forecasts grain harvest in Ukraine in the 2017/2018 marketing year (MY, July-June) in the amount of 61.79 million tonnes, while exports could reach 38.31 million tonnes.
Expecting record foodgrain production this crop year (July, 2016-June, 2017), the Centre imposed 10% import duty on wheat and tur or arhar dal (pigeon pea) with immediate effect — a move which is aimed at protecting interest of farmers as prices of pulses fell below the minimum support price (MSP) across key producing states.
Egypt, the world's largest buyer of wheat, has issued preliminary rejections on seven cargoes of the grain since introducing new import rules in January, prompting many traders to raise prices at state tenders, five traders told Reuters.
Poland was the largest exporter of beef from the European Union between January and March of this year, according to figures from the AHDB (the organisation for English beef and lamb). In the first quarter of 2016, Poland accounted for approximately 8,320t or 20% of the beef shipped from the EU to outside markets.
Interview By Natalia BILOUSOVA, The Day, Kyiv, Ukraine, Morgan Williams, Director, Government Relations, Washington office, SigmaBleyzer and President of the U.S.-Ukraine Business Council (USUBC):
The US government has almost finished the certification of Ukrainian grain. What volume of grain will Ukraine be able to export to the US market after this procedure is finished? When, according to your estimations, might it happen?
AgroGeneration's Ordinary and Extraordinary Shareholders' Meeting was held on 11 October 2013. All the resolutions submitted, strictly related to the merger, were passed by a very large majority. Only the resolution related to the increase of capital reserved to employees has been rejected*.
Russia's grain harvest this year is likely to be 3 million-6 million metric tons lower than the earlier estimates of 90 million-93 million tons because of drought in the country's Southern and Central regions.
Argentina's soybean crush from January through April was down sharply on the year despite the bumper crop grown this season as more of the crop is being shipped as beans.
The U.S. Department of Agriculture on Wednesday lowered its forecast for corn planting this year to 87.9 million acres. That's down from the 88.8 million acres in USDA's previous prediction, but still a 2% increase from 2009.