Agrarian news
14.01.2010
USDA projects record corn, soybean crop
In its World Agricultural Supply and Demand Report issued Jan. 12, the U.S. Department of Agriculture (USDA) projected U.S. corn (maize) production at a record 13.2 billion bushels. This is up from 12.9 billion bushels projected in USDA’s December forecast and 1% above the previous record of 13 billion bushels set in 2007.
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Palm oil weakness 'may prove short lived'
The weakness in palm oil prices, which have slid 8% in the past week, may prove short-lived thanks to the global squeeze on vegetable oil supplies, influential analysis group Oil World has said.
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Prices of mineral fertilizers to increase by 10-15% in March-April
In March-April of 2010, prices for mineral fertilizers on the world markets will grew by 10-15%, then in two months, after the ending of the season of fertilizers introduction, the prices will reduce to the level of 2009, forecasted Alexei Kunchenko, the president of CJSC Severodonetsk association AZOT (Lugansk oblast)
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Ukraine sees negative balance of trade in goods at USD 4.815bn in January-November
The import of goods to Ukraine exceeded exports by USD 4.815 billion in January-November 2009, the State Statistics Committee has reported.
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Sugar Output Decreased in Ukraine in 2009
January 13, 2010. In 2009, sugar output decreased by 19%, y/y to 1.27mnt, which is 33% below an average domestic consumption level (1.9mnt).
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Russia's Rollton to build instant food factory in Ukraine
Russia's largest fast-food producer Mareven Food (Rollton trademark) is entering the Ukrainian market, UKRINFORM has reported citing Kommersant-Ukraine.
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Ukraine slightly ups barley export
In December, Ukraine exported 382,100 tons of barley against 354,300 tons in November, the Ukragroconsulting analytical center informs.
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Agrarians of Ukraine not to invest in agricultural technical equipment
According to the current data of the polling of agricultural producers of Ukraine concerning their investment plans, realized by APK-Inform two times per year, the majority of agricultural producers of Ukraine does not plan to purchase agricultural technical equipment in the nearest half a year.
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As of Nov, non-aerated mineral waters output grew by 0.4%, up to 1.6 mn dl
Within Nov 2009 non-aerated mineral waters output has risen to 1.6 mn dl, up 0.4% against Oct 2009, reported Agrarika Ltd referring to Nov 2009 companies outputs preliminary data.
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Oil World sees slowdown
US soyabean exports are likely to slow down in the next three months as new crop supplies from South America enter global markets faster than normal but US soyaoil exports will remain high, Hamburg-based oilseeds analysts Oil World forecast on Tuesday. "US soyabean exports are likely to slow down notably in the January-March 2010 quarter due to increasing South American supplies," it said.
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