19.08.2014
Ukrainian parliament to ratify agreement with EU in near future
The Verkhovna Rada will ratify the Association Agreement with the European Union in the near future, NRCU reports quoting the Ukrainian Parliament Speaker Oleksandr Turchynov as speaking while sharing an interview with Baltic news agency BNS.
more19.08.2014
Transferring parts of the agricultural enterprises to the common tax system will reduce the harvest by a third
The Cabinet of Ministers of Ukraine initiated a revision of taxation system in the field of agriculture. The last suggestion implies to transfer those agricultural enterprises which have over 20 mln UAH of annual revenue and more than 3 ths hectares of farmlands to the common system of taxation. According to the calculations done by the Association "Ukrainian Agribusiness Club” (UCAB) adoption of this innovation in the long term perspective could lead to reduction of grain and legume crops harvest by 29.6% and put losses at more than 24 bln UAH.
more15.08.2014
Russian Federal Service for Veterinary and Phytosanitary Surveillance restricted imports of Ukrainian products almost for $1 billion
Russia has already prohibited imports of such Ukrainian commodity headings as confectionery products, milk and dairy products, live pigs, juices, fruit, canned fruit, vegetables and fish, maize grits, soybeans and soybean meal, sunflower seeds, potatoes and onions.
more14.08.2014
USDA improves forecast for Ukrainian 2014 grain harvest by 2.5%
The U. S. Department of Agriculture (USDA) in August improved its forecast for the grain harvest in Ukraine in 2014 by almost 2.5%, to 58.5 million MT.
more14.08.2014
20 Ukrainian sugar plants thermal stations are to be conversed to alternative energy sources
As to Government Portal, as of Aug 13, the Ukrainian Ministry of Agrarian Policy and Food held a meeting on conversion of the domestic sugar plants’ thermal stations to alternative energy sources’ usage; the meeting was chaired by the Minister of Agrarian Policy and Food of Ukraine Igor Shvaika.
more14.08.2014
Beef exports to the EU will be impossible without changes in legislation
To enter the EU market with agricultural agricultural products Ukraine should urgently amend legislation, having harmonized it with the European one. In particular, we are talking about adopting the bill “On amendments to some legislative acts of Ukraine regarding animals identification and registration» No.4987-1 of 16 June2014. Currently, it is extremely important for the livestock industry development and for searching new markets. After all, trade problems with the Russian Federation resulted in significant casualties and significant damage for producers.
more13.08.2014
President calls on government to simplify conditions for doing business
Ukrainian President Petro Poroshenko has called on the government to step up reform of regulatory policy and take immediate steps for this purpose, the presidential press service has reported.
more13.08.2014
Russian food ban a reminder that volatility is outside our control
The ban on food exports to Russia, which was announced last week, could not have happened at a better or worse time for the Irish dairy industry. If nothing else, it provides a very clear example of the potential volatility the dairy industry faces to anyone still thinking of expanding of getting into dairying. Volatility has been a key word, bandied about in recent months by all concerned and here it is.
more12.08.2014
Hryvnia falls to historical minimum
The National Bank of Ukraine lowered the official hryvnia rate to 13.1393 UAH/USD. According to InterBusinessConsulting, trading in the U.S. dollar opened with the following quotations 13.0000/13.3000 UAH/USD, by 12:00 a.m., prices grew to 13.2000/13.5000 UAH/USD. By the closure of trading, price levels reached their maximum 13.4500/13.6000 UAH/USD.
more12.08.2014
Iraq market takes the largest share of poultry exports - 28%.
According to Ministry of Revenue and Duties of Ukraine, Ukraine exported 85,7 thousand tons of poultry in the amount of $ 130,2 million during the first seven months of 2014. Major part of poultry was sold to the Iraq market, revenue from sales reached $ 36,7 million that represented 28 % of the total poultry exports. This was reported by the Association “Ukrainian Agribusiness Club” (UCAB).
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