10.02.2010
Grains companies Jan 1 wheat reserves were 7.634 mn MT
As to State Statistics Committee, experts estimate grains processing/storage companies Jan 01/10 wheat reserves 7.634 mn MT (incl. agricultural companies - 3.173 mn MT and grains processing/storage companies - 4.461 mn MT).
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Run of upgrades for Brazil crops comes to a halt
US foreign staff have left their forecast for Brazil's corn production unchanged, ending a run of upward revisions by analysts to their forecasts for South American crop production.
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Ukraine seaports’ net gain almost doubled in 2009, up to 1.8 billion hryvnia
Last year, according to provisional data, Ukrainian commercial sea ports’ net profit increased by 97.1% in comparison with 2008, up to 1.834.137 hryvnia. In 2009, the ports’ revenues rose 44.1%, up to 10.293.632 hryvnia, while costs at the same time were up 36 percent, at 8.459.495 hryvnia. The ports’ payments to the state budget grew by 2.22 times, up to 1.633.372.4 hryvnia, UNIAN reports citing the Ministry of Transport of Ukraine.
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Jan 1 millet stocks were 7,049 MT
As to State Statistics Committee, experts estimate Jan 01/10 grains processing/storage companies millet stocks as much as 7,049 MT.
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Grain exports equaled 1,693.4 KMT in January 2010 against 2557.8 KMT in December 2009
Grain exports equaled 1,693.4 KMT in January 2010 against 2557.8 KMT in December 2009. In total, Ukraine has already exported 15.75 MMT of grain and processed grain products since the season started.
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Strong frosts damaged winter crops in Ukraine
On January 21-31, winter crops were in full winter dormancy.Cold weather with an average air temperature of 6-80 below the norm was reported in all Ukrainian regions from January 21 to 31. During this time on some days the air temperature reached -24-280, even down to -30-340 in parts of Western Ukraine.
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Bulgaria's Potential Is Larger in Environmentally Preferable than in Genetically Modified Products
Bulgaria has a potential to develop and market environmentally preferable and healthy food products. As part of Europe, this country is more interested in producing such type of products than in staking on the production of genetically modified foods, Divil Kulev, Research and Analyses Manager at the NOEMA Market Research Agency, said in a BTA interview.
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$100m class action launched against AWB
A CLASS action against agribusiness company AWB Ltd involving more than 1000 shareholders seeking compensation for its failure to disclose Iraqi kickbacks begins in the Federal Court on Wednesday.
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China Oct-Jan sugar output rises to 6.12 mln tons
China produced 6.12 million metric tons of sugar in the crop year to January 31.
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Sunflower oil export regulations may change
According to the Ministry of Economy, sunflower oil exports from Ukraine exceed acceptable levels. The Ministry estimates, that monthly sunoil export should not exceed 159 KMT. At present, monthly exports average 200 KMT. The Ministry of Economy intends to set export quotas to prevent domestic sunflower oil shortages and limit price inflation.
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