Ukraine. Agriculture Ministry: 89% of winter crops in good, satisfactory condition as of June 24

Winter grain crops in Ukraine were in a good condition on an area of almost 3.7 million hectares as of June 24, 2010, or 47% of the area under crops, while 3.27 million hectares sown with winter crops, or 41.5%, were in a satisfactory condition, according to a statement posted on the website of the Ukrainian Agriculture Ministry.

Ukraine : Ukraine plans to export 21mn tons of grain in 2010

Ukraine will export more than 21 million tons of grain in 2010, Minister of Agrarian Policy Mykola Prysiazhniuk predicts.

Ukraine: Agrarian Fund to start grain purchases

The Agrarian Fund plans to start grain purchases beginning from July 1, 2010, declared Nikolay Prysiaghniuk, the Minister of Agrarian Policy of Ukraine.

Ministry of Agrarian Policy of Ukraine to found the State Agrarian Bank, Agrarian Exchange, and the national grain market operator

On June 23, Nikolay Prysiaghniuk, the Minister of Agrarian Policy of Ukraine, announced that the Ministry of Agrarian Policy is working-up the law decrees regarding the further foundation of the State Agrarian Bank, the Agrarian Exchange, and also the national grain market operator.

United States hopes for quicker resumption of cooperation between Ukraine and IMF

The United States hopes that Ukraine will more quickly restart its cooperation with the International Monetary Fund (IMF), U.S. Ambassador to Ukraine John Tefft said at a meeting with journalists and experts in Kyiv on Thursday.

Ukraine and Germany to develop East-West grain transportation

Ukraine and Germany will jointly develop cargo transportation in the East-West direction, Deputy Director General of Ukrzaliznytsia (Ukrainian Railways) Viktor Chorny and Director of Region East at DB Shenker Hans Georg Werner said.

Ukraine threshes over 460,000 tons of grain

Ukraine : Ukraine expects loans from World Bank to stabilize finances - vice-premier

Ukraine expects to receive loans from the World Bank to cut its budget deficit and stabilize finances, Ukrainian Deputy Prime Minister Sergei Tigipko told the BBC Ukrainian Service on Sunday.

Ukraine: Ag Ministry proposes to change its approach to distributing agricultural subsidies

According to the Minister, the way agricultural subsidies and loans are distributed will change.The Cabinet of Ministers is going to cancel the subsidies and interest rate compensations. Instead, it will introduce a system of lending through the Agrarian Fund and UkrTransLeasing, which will receive 50% government agricultural support funds.

Ukraine: Viktor Slauta suggests raising prices for export grain

Ukraine’s Vice-Premier Viktor Slauta said this at a briefing for the Odesa media. According to him, a major task of the Ukrainian agro-industrial sector is ensuring a high price for export grain. However, as he noted, certain fears arise about this because ample grain stocks from the previous harvests remain in the world market.