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.
Soybeans rose to the highest level in more than two weeks on speculation that China will boost imports of U.S. crops after ending the yuan’s linkage to the dollar.
Sugar futures gained the most in almost two weeks on speculation that importers will increase purchases.
The U.S. is producing more ethanol than expected and, as a result, the industry is buying up more corn to make the fuel, the U.S. Department of Agriculture said Thursday.
Corn futures are little changed, set for the first weekly gain in three weeks, after the U.S. pared its forecast for the nation’s inventory of the grain to the smallest since 2007 on higher demand from ethanol producers.
The United Nation's incoming chief on climate change cautioned Wednesday it could take until 2050 to build the machinery that will ultimately tame greenhouse gases.