News

Ukraine #1 in barley exports in the world

Ukraine continues to maintain the leadership position in the world for exports of barley, with volumes nearly double those of its nearest competitor, Australia. Russia is third, coming in between Australia and the European Union.

Ukraine could export 16 million t of grain this year

Ukraine’s Agricultural Policy Minister Mykola Prysiazhniuk says that exports of grain in the current marketing year could add up to around 16 million tonnes.

AIC breakthrough predicted in Ukraine

According to a report from the UN and OECD, in the next 10 years, Ukraine’s farm sector will begin to develop rapidly, growing 29%.

Ukraine increases commodity exports

Ukraine’s negative balance of trade in goods amounted to US $2.1 billion over January–May 2010, which is an 8.3% improvement over the same period in 2009, when it was US $2.29bn.

Sunseed prices in Ukraine jump 25% over 2009

The average purchase price for sunflower seed in Ukraine was UAH 2,680/tonne as of July 8, 2010, which was 25% higher than prices during the same period of the previous year, UAH 2,139/t.

IMF offers Ukraine credit worth $14.9 billion

The IMF has announced that it is prepared to issue Ukraine a new credit worth US $14.9bn.

Analysts expect 2010 soy crop to break records in Ukraine

Ukraine should see a record soy crop in 2010, more than 1.5 million tonnes, compared to 1.04mn t in the 2009/2010 year.

June inflation 0.5%

Deputy Minister of Economy Mykhailo Rusynskiy announced at a press conference that June inflation was 0.5%.

Grain harvest expected to be only 45-45.5 million tonnes

The Agricultural Policy Ministry of Ukraine has downgraded its forecast for the grain harvest from 46-47 million tonnes to 45-45.5mn t.