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20 July 2024

14.11.2014

UCAB forecasts increasing of gross harvest of soybean by 40% and exports – by 51%

UCAB forecasts increasing of gross harvest of soybean by 40% and exports – by 51%

Harvesting campaign of soy beans moves to its end, and the gross harvest of soybeans this marketing year will be about 3.8 mln t that is 40.1% more than in 2013/14 MR. The same time, it is forecasted that exports of this crop will increase by 42.8-50.7% up to 1.8-1.9 mln t. It was informed by the Association "Ukrainian Agribusiness Club” (UCAB).

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13.11.2014

Belarus to increase export of agricultural products by 13%

Belarus to increase export of agricultural products by 13%

While speaking at the meeting with members of the Belarus parliament, top officials of the Economy Ministry and the Finance Ministry as well as representatives of the National Bank of the Republic of Belarus, the Belarusian Prime Minister Mikhail Myasnikovich said in 2015 Belarus is to increase the export of agricultural products by 13% in comparison with 2014, with export to reach US$7 milliard, Belarus Radio says referring to BelTA.

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12.11.2014

In October cheese imports to Ukraine three times higher than its exports

In October cheese imports to Ukraine three times higher than its exports

According to the data of customs statistics, in October 2014 Ukraine exported about 300 tons of cheese. At the same time, its imports amounted to 940 tons, this was reported in the the Association “Ukrainian Agribusiness Club” (UCAB).

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24.10.2014

Ban of Federal Service for Veterinary and Phytosanitary Surveillance may cause losses of US $300 million by landowners

Ban of Federal Service for Veterinary and Phytosanitary Surveillance may cause losses of US $300 million by landowners

Since October 22, 2014, ban on crop production imported from Ukraine has entered into force in the Russian Federation. Whereas in the past restrictions used to be imposed on such plant products as onion, potatoe, sunflower seeds, soybeans and meal, currently Ukraine can not export to the Russian Federation the total list of goods included in the list of regulated products with high phytosanitary risk (complete products list can be found according to the reference). Thus, the Ukrainian exporters would suffer additional financial losses in the amount of US $57,5 million till the end of 2014 as a result of embargo on this products list. For the calendar year, the total amount of losses on this list could reach US $300 million.

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21.10.2014

Russia banning shipments of plant products from Ukraine starting Oct 22

Russia banning shipments of plant products from Ukraine starting Oct 22

Russian agricultural watchdog Rosselkhoznadzor is imposing a temporary ban on shipments of monitored plant products from Ukraine starting October 22, the watchdog said in a statement.

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17.10.2014

Yatseniuk: Ukrainian agricultural output went up by 16%

From the year’s start the volume of agricultural production has upped by 16% as compared to the similar period of last year, while an average yield capacity has increased by 14%, «In fact, our agriculture appears the only sector that demonstrates growth» Government Portal reports quoting the Ukrainian Prime Minister Arseniy Yatseniuk as saying at the Government session on Thursday, October 16.

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16.10.2014

Foreign direct investment in agriculture of Ukraine decreased by 13,4%

Foreign direct investment in agriculture of Ukraine decreased by 13,4%

At the end of the first half of 2014, foreign direct investment in agriculture, forestry and fisheries in Ukraine decreased by US$ 104,1 million or 13,4% to US$ 672,5 million, compared to the total investment at the beginning of the year. This was reported in the Association “Ukrainian Agribusiness Club” (UCAB).

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14.10.2014

While importers are dodging currency devaluation, Ukrainian pig farmers are turning a decent profit

While importers are dodging currency devaluation, Ukrainian pig farmers are turning a decent profit

Ukrainians have reduced consumption of foreign pork. Over nine months of 2014 pork imports to Ukraine dropped 4.2 times to 26.185 mn t (US $68.01 mn) compared to the same period in 2013, according to the State Fiscal Service. President of the Association of Pig Producers Artur Loza says the share of imports of pork in 2013 reached 25–30%.

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14.10.2014

Ukraine’s moribund economy hurting many

Ukraine’s moribund economy hurting many

At a protest outside the Central Bank in Kyiv, with ordinary Ukrainians finding it punishingly difficult to pay for basic goods, they have been demonstrating against monetary policy.

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10.10.2014

Ukraine should be given more money - IMF

Ukraine should be given more money - IMF

Ukraine will need additional external loans to support its economy, and they should come multiple sources, not just from the International Monetary Fund.

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