Retail turnover falls 15.2%

Retail turnover in Ukraine in H1/09 reduced 15.2% compared to the same period of 2008, the State Statistics Committee reported.

Sugar to rise in price to USD 685.72 per ton until end of 2009

Sugar has risen in price from UAH 2,950 (EUR 259.85 USD 374.61) to UAH 5,000-5,060 per ton in Ukraine since the beginning of 2009.

Harvesting campaign pace in Ukraine faster than last year

As of July 30, Ukraine threshed 9.5 million of early grain crops (72% of forecast), 2.1 million tons more than last year. A total of 26.5 million tons of new grain yield (after 24.7mn tons in 2008) received with average yield capacity of 27.9 centner/ha.

Canadian wheat exports the largest in nearly a decade

The Canadian Wheat Board (CWB) announced on July 30 that wheat exports are the largest in nine years bringing in the second-highest revenues in history for Western Canadian farmers.

Grain crops exports to decrease by 11% to 17mn tons

In 2009, Ukraine will export 17mn tons of grain crops (down 11% against 2008), according to experts of the Russia-based representative office of the Netherlands's bank Rabobank, which specializes in lending to agricultural establishments.

Pork output up

The production of fresh and chilled pork in June rose by 32.3% to 8,600 tons against May, the Agrarika company told UKRINFORM.

IMF approves third tranche of $16.4 bln loan for Ukraine

IFC to boost agricultural lending by 30%

The International Finance Corporation , the World Bank’s private sector arm, will boost lending to agribusiness by up to 30 per cent in the next three years, as it promotes the role of the private sector in the fight against hunger.

EU moves to ease dairy crisis

The European Commission on Tuesday proposed expanding its programme to stockpile butter and skim milk powder in its latest bid to ease a dairy crisis that has sown unrest among farmers across Europe.

EU wheat falls with US; harvest pressure grows

European Union wheat prices mostly eased on Monday, pressured by a drop in Chicago, weakness in oil and financial markets and the advancing winter grains harvest in the United States and Europe. Milling wheat futures in Paris fell in line with Chicago wheat, although they remained underpinned by a support zone plus worries about possible heat stress to later-developing winter wheat in northern France.