Agrarian news
04.11.2010
Ukraine: Ukrproduct profits fall despite increased sales
Ukrainian dairy group Ukrproduct has seen its first-half gross profits slip by 3% to GBP4.6m (US$8.55m), despite a 7.7% growth in sales.
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Ukraine, Syria Can Sign Agreement on Free Trade Area
An agreement establishing a free trade area between Ukraine and Syria could be signed during the visit to Ukraine of the President of Syria Bashar Al Asad, which is scheduled for the next month. The Head of the Syrian side of the Intergovernmental Ukrainian-Syrian commission on trade and economic cooperation, Minister of Finance of the Syrian Arab Republic Mohammed Hussein said that at a meeting with the Prime Minister of Ukraine Mykola Azarov.
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Canada blocks BHP's $39bn bid for PotashCorp
Canada has blocked BHP Billiton's $39bn bid for PotashCorp on grounds that the deal is not in the country's interest, appeasing provincial politicians but potentially at the expense of international standing.
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Doubts persist over Ukraine and Kazakh grain
Ukraine grain exports remain hamstrung by uncertainty over a quota system, while doubts have emerged over official Kazakh grain figures, as the fallout from depleted harvests continues to hang over the former Soviet Union.
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Ukraine's National Projects Will Attract 15 Billion USD Foreign Investments
The implementation of the ten national projects defined by the President of Ukraine Viktor Yanukovych will attract nearly 15 billion USD and thus will increase the national GDP by 4.7% during the next five years. This forecast was announced today by Vladyslav Kaskiv, Head of a working group of the Ukrainian committee on economic reforms at the meeting of the "National Projects."
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Ukraine's Mriya Agro Holding Rated; On Watch Positive; Proposed Bonds Rated B - S&P
On Tuesday, Standard & Poor's Ratings Services said that it had assigned its 'B-' long-term corporate credit rating to large Ukrainian farming company. The rating was placed on CreditWatch with positive implications, the agency said in a statement.
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Ukraine: average export price for 1-grade wheat on the exchange market to total 310 USD/t
During the period of October 25-29, 2010, the weighted average price of export contracts for 1-grade soft wheat of the new harvest on the terms of SPOT on the exchange markets of Ukraine totaled 310 USD/t, declared the Ministry of Agrarian Policy of Ukraine
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Sugar hits 29-year high, and may have more to gain
The prospect of a poor finish to Brazil's sugar season could drive prices of the sweetener higher still, even after they hit a 30-year high on Tuesday, Societe Generale has said.
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Ukraine may lift export quotas to sell grain to 12 countries: government
Ukraine's Economy Ministry has proposed to lift quotas for grain exports to deliver grain to Russia, nine other Commonwealth of Independent States (CIS) countries, Georgia and Macedonia, "as Ukraine is under free trade agreements with those countries," local press reported Tuesday.
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Ukraine. Verkhovna Rada to zero import duty on some products
The Ukrainian Parliament has refused to set a zero rate of duty on some products having failed to back the Cabinet bill on amending the law on Ukraine's customs tariff.
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