Press releases
03.09.2014
For the last six months agricultural companies have become cheaper more than by 20%
One of the indicators, which most clearly reflects the current situation with investment, political and economic climate, is capitalization of public companies. As informed Association "Ukrainian Agribusiness Club” (UCAB), 15 Ukrainian public agricultural companies are currently represented on the world exchanges. For the last 6 months, this index has decreased on more than 1.1 bln USD (-22.2%), since October 2013 – on 2.5 bln USD (-39.1%), and at the end of August it totaled 3.9 bln USD.
more21.08.2014
Offer for imported dairy products on the market has decreased
According to the Mìnistry of Incomes, for the first seven months of the year Ukraine has imported dairy products totaling 114 mln USD. Although it is only 2% less than the analogous period of the previous year, but in natural expression this reduction in imports was quite significant. Such estimation has been done by the Association "Ukrainian Agribusiness Club” (UCAB).
more19.08.2014
Transferring parts of the agricultural enterprises to the common tax system will reduce the harvest by a third
The Cabinet of Ministers of Ukraine initiated a revision of taxation system in the field of agriculture. The last suggestion implies to transfer those agricultural enterprises which have over 20 mln UAH of annual revenue and more than 3 ths hectares of farmlands to the common system of taxation. According to the calculations done by the Association "Ukrainian Agribusiness Club” (UCAB) adoption of this innovation in the long term perspective could lead to reduction of grain and legume crops harvest by 29.6% and put losses at more than 24 bln UAH.
more15.08.2014
Russian Federal Service for Veterinary and Phytosanitary Surveillance restricted imports of Ukrainian products almost for $1 billion
Russia has already prohibited imports of such Ukrainian commodity headings as confectionery products, milk and dairy products, live pigs, juices, fruit, canned fruit, vegetables and fish, maize grits, soybeans and soybean meal, sunflower seeds, potatoes and onions.
more14.08.2014
Beef exports to the EU will be impossible without changes in legislation
To enter the EU market with agricultural agricultural products Ukraine should urgently amend legislation, having harmonized it with the European one. In particular, we are talking about adopting the bill “On amendments to some legislative acts of Ukraine regarding animals identification and registration» No.4987-1 of 16 June2014. Currently, it is extremely important for the livestock industry development and for searching new markets. After all, trade problems with the Russian Federation resulted in significant casualties and significant damage for producers.
more12.08.2014
Iraq market takes the largest share of poultry exports - 28%.
According to Ministry of Revenue and Duties of Ukraine, Ukraine exported 85,7 thousand tons of poultry in the amount of $ 130,2 million during the first seven months of 2014. Major part of poultry was sold to the Iraq market, revenue from sales reached $ 36,7 million that represented 28 % of the total poultry exports. This was reported by the Association “Ukrainian Agribusiness Club” (UCAB).
more04.08.2014
Production of skimmed milk increases by 52%
According to the State Statistics Service, in Ukraine the production of skimmed milk powder reached over 27 thousand tons in the first half of 2014, showing a rise of 52% as compared to the corresponding figure in the previous year. This was reported by the Association “Ukrainian Agribusiness Club” (UCAB).
more01.08.2014
Mineral fertilizers price increase could cost more than 105.3 mln USD to Ukrainian farmers
The Interdepartmental Commission on International Trade of the Ministry of Economic Development and Trade of Ukraine approved two resolutions concerning imports of mineral fertilizers to Ukraine from Russian Federation and Belarus Republic. This decision applies for ammonium nitrate and complex three-component fertilizers respectively. Due to insufficient level of production at the domestic market that could not fully cover the demand, Ukrainian farmers will have to pay additional 105.3 mln USD due to price increase. This was reported by the association Ukrainian Agribusiness Club (UCAB).
more21.07.2014
Draft law No. 4309 to prevent further development of agriculture sector
Setting a transfer of the large and medium agricultural producers to a common system of VAT taxation beginning from January 1, 2015, and prolongation of VAT’s tax exempt regime for transactions with export of grain and industrial crops up to January 1, 2015, are proposed by the government bill No. 4309 registered in the Parliament of Ukraine on 21.07.2014.
more01.07.2014
Gross yield of grain crops and grain legumes in 2014/15 MY is expected to reach 55-56 million tonnes
According to estimations of the Association “Ukrainian agribusiness club” (UCAB), gross yield of grain and oil crops in 2014/15 MY is forecast to 55-56 million tonnes (excluding currently occupied territory of Crimea), which is 6,5 -7,5 million tons (11,9-12,1%) less than previous year. Export is expected to reach 26-27 million tons which is 6,3-7,3 million tons (18,8-21,8%) less than expectations of 2013/14 MY.
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