Agrarian news
03.03.2010
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Kernel gets approval to acquire Allseeds
The Antimonopoly Committee of Ukraine agreed to allow Kernel Group (WSE: KER PW) to acquire Allseeds, according to reports on Friday.
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In February grain exports decreased by 26%
Ukraine shipped abroad 324.9 KMT of wheat in comparison with 611 KMT in January 2010. Total wheat exports reached 7 815 KMT since the beginning of the current season (July 2009-February 2010).
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Poor fertilizer use to take toll on Ukraine grain
Imbalanced fertilizer regimes, prompted by a dearth of farm finance, and a rising rate of winterkill will help cut Ukraine's grain production this year despite a rise in sowings, UkrAgroConsult has said.
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Winter weather promotes the 2010 grain production being at least stable
In December / February, intensive rains and snowfalls were registered all over the country, including arid Southern areas. In these areas we see substantially replenished soil moisture reserves, which were at a minimum in the fall.
more02.03.2010
16% of areas sown in Crimea
As of March 1, 19,300 ha of areas are sown in Crimea by early spring cultures (including for grain - 15,900 ha) that makes up 16% of the forecasted areas, the Crimean Cabinet of Ministers press service informed.
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Ukraine land market offers 'great opportunity'
The collapse in Ukraine's land prices presents a "great opportunity" for buyers, Landkom's chief executive said, as he revealed an acquisition plan aimed at part into getting the group into biofuels refining.
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GDP down by 15% in 2009
In 2009, the real gross domestic product decreased by 15% over 2008.
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China allocates 28.6b yuan to support farmers
China's central government has allocated 28.6 billion yuan ($4.2 billion) to support farmers, the Ministry of Finance said in a statement Monday.
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EC rate subsidy harms farmers: Burke
Moves to withdraw interest rate assistance from drought-stricken farmers shows the federal government is out of touch with rural Australia, opposition agriculture spokesman John Cobb says. Agriculture Minister Tony Burke on Tuesday said the Exceptional Circumstance Interest Rate Subsidy (ECIRS) payments would not be part of the government's future drought policy.
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Ukrainian hydrometeorological center forecasts resowing of 13% of winter crops areas
Ukrainian hydrometeorological center forecasts the resowing of nearly 1 mln ha, or 13%of winter crops sowing areas, declared Tatyana Adamanko, the head of the agricultural meteorology department of Ukrainian hydrometeorological center.
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