13.10.2009
France cuts wheat crop estimate
France's farm ministry slashed on Monday its estimate for the 2009 soft wheat crop by one million tonnes to 36.30 million tonnes, as it cut its projection of the area sown, an unusual move for this time of year. The Ministry cut the area sown for wheat by a hefty 126,000 hectares on the previous month, but the ministry did not give any explanation for this.
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Australia. CBH secures A$1.5 billion in funding for harvest
The CBH Group announced on Oct. 12 that the company has secured roughly A$1.5 billion in funding to finance payments to growers for the coming harvest.
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Cabinet of Ministers increased prices on vodka and cognac
The Cabinet of Ministers of Ukraine by its resolution increased minimal retail prices on some strong drinks of domestic manufacture, particularly on vodka and cognac.
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Ukrainian sunflower producers prefer keeping crop rotation
According to the polling data of farmers for the study “Sunflower triangle: Russia, Ukraine and Argentina”, the majority of agricultural producers of Ukraine keep own crop rotation procedures.
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Ukraine by October 8 exports 7.1 million tonnes of grain
Ukraine since the start of the current marketing year (MY, July 2009 to June 2010) up until October 8 had exported 7.1 million tonnes of grain, which is 3.2% up year-over-year, according to a report of by Ukraine's Agriculture Ministry.
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Agroton plans IPO in Warsaw in 2010
Agroton holding is planning to conduct an IPO on the Warsaw Stock Exchange in 2010, Interfax reported yesterday. Agroton would become the third Ukrainian agricultural company to list in Warsaw after Astarta (AST PW) and Kernel (KER PW).
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Beef production in Russia to decline
The current situation in the Russian beef market remains difficult, according to the results of the last six months.
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Ukraine harvests almost 41mln tons of grain
By the beginning of the October second ten-day period Ukraine threshed almost 41 million tons of grain with the average crop capacity of 28.8 centners/ha, the Agricultural Policy Ministry press service informed.
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Ukrprominvest to expand raw materials base in 2010
In 2010, the company Ukrprominvest intends to raise the area under sugar in the Vinnitsa region, including the Gaisin district (from 8,500 hectares to 13,000-14,000 hectares), the Kryzhopol district (from 10,800 hectares to 13,000 hectares).
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Brazil Sugar Deliveries May Be Delayed by Above-Average Rains
Sugar deliveries from Brazil, the world’s biggest maker of the sweetener, may face delays next year after above-average rains pared cane yields and slowed the harvest, producer Grupo Jose Pessoa SA said.
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