Agrarian news
12.11.2009
Economy ministry proposes to set quotas for sugar beet, molasses export
The Economy Ministry proposes to set quotas for sugar beet and molasses export till the year end, a draft resolution of the Cabinet reads posted on the ministry's official website.
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Noble Group sees third-quarter gains, record tonnage
Noble Group announced on Nov. 11 that third-quarter revenues were up 17%, while the company's year-to-date revenues for 2009 were down 26% and gross profits were down 30%.
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Slow start to grain harvest hits Western Australia
WA's harvest has been slow and frustrating for farmers as rain has hampered attempts to get crops off quickly, causing delays of at least two weeks in most areas of the State.
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Malaysian palm oil extends losses
Malaysian crude palm oil futures dropped 0.4 percent on Wednesday, extending recent losses, on high stock levels. But expectations for exports to gather steam in November boosted support at the lower levels and traders said palm oil holding a $120-$130 discount to rival soyoil should keep orders flowing in.
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U.S. 2010 wheat, soybean carryover raised
The U.S. Department of Agriculture (USDA) on Nov. 10 projected larger 2010 U.S. carryover stocks of wheat and soybeans but a smaller carryover of corn compared with October projections in its Nov. 10 World Agricultural Supply and Demand Estimates report. World wheat and soybean carryover also was raised for 2010 while world corn was lowered.
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Economy ministry proposes setting limit level of profitability for grain storage
The Ukrainian Economy Ministry has proposed setting the limit level of profitability for the reception, storage and loading of grain for economic entities at no more than 20% from January 1 to December 31, 2010.
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Agricultural establishments sell 1.555mn tons of milk
According to the agency UkrAgroConsult, Ukraine-based agricultural establishments have sold 1.555mn tons of milk since the beginning of 2009.
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State of winter sowing - hydrometeocenter
The state of winter grain culture sowings is good and satisfactory, on separate areas in Luhansk region and Crimea they are unsatisfactory. In some places, sowings are damaged by agricultural pests, the Hydrometeocenter informs.
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Sunflower yield to amount to 6.5-6.6mn tons
The Ministry of Agrarian Policy has upgraded the sunflower yield to 6.5mn - 6.6mn tons. According to the ministry, nearly 99% of sunflower has already been harvested.
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EU buys US soyabeans after GMO decision: Oil World
European Union oilseed crushers are resuming purchases of US soyabeans after the EU approved imports of maize with genetically-modified organisms (GMOs), Hamburg-based oilseeds analysts Oil World said on Tuesday.
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