12.02.2010
Australian wheat stocks increased in January
The Australian Bureau of Agricultural and Resource Economics (ABARE) in its wheat stocks and use report released on Feb. 11 indicated an estimated 22.8 million tonnes of wheat was held in stock and the amount of feed grade wheat stored had increased by 985,000 tonnes at the start of January 2010.
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Wheat falls to minority crop in Southern Africa
Wheat growing is being reduced to a minority occupation in Southern Africa by low prices, which are deterring South African farmers and, in Zimbabwe, by the economic paralysis which has dried up farm credit.
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In January, production volumes in agricultural sector of Ukraine increased by 5%
In January 2010, the growth of production volumes of the agrarian complex totaled 5% compared to January 2009, declared Julia Timoshenko, the Prime Minister of Ukraine.
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Ministry Cabinet of Ukraine allowed to the Agrarian Fund to sell grains from the intervention fund
The Ministry Cabinet of Ukraine allowed to the Agrarian Fund to provide grain sales from the public intervention fund of grain harvests of 2006-2009 period in accordance with the established procedure till the end of 2009/10 MY, according to the corresponding decree dd. February 3, 2010, # 98.
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Ukraine: Crimean agrarians to increase oilseed production by 60%
In the current year, agricultural economies of the Autonomous Republic of Crimea (Ukraine) plan to produce 122.2 thsd tonnes of oilseeds, an increase of 45.5 thsd tonnes (or up 60%) compared to the level of 2009.
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Ukraine and IMF preparing the implementation of 9 projects to an amount of $4.7 Bl
Ukraine together with international financial organizations is preparing the implementation of 9 projects in 2010-2012 to an amount у $4.7 Bl, informed the press-service of Ukraine’s Economy Ministry.
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Agrarian fund gets permission to purchase grain pledged as collateral
The government permitted the Agrarian Fund to purchase grain in 2009/2010 marketing year that was pledged as collateral for extended budgetary loans within the frames of the regime of state purchases of grain pledged as collateral.
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Sandora launches own electric power station
The Sandora Ltd., one of the largest producers of juices and soft drinks in Ukraine, invested USD 5 million to launch an electric power station in the southern part of Ukraine, the company press service informed.
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Ukraine’s export of sunoil dropped by 42%
Ukraine’s export of sunoil dropped by 42% to 156 KMT (269 KMT in December). This is 20% less than in January 2009, when 195 KMT was exported.
more10.02.2010
Jan 1 buckwheat stocks totaled 21,460 MT
As to State Statistics Committee, experts estimate this year Jan 1 buckwheat reserves (stored on grains processing/storage companies) as much as 21,460 MT.
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