In the six-week runup to the market, the Rada should pass partial loan guarantees for small farmers and anti-corruption regulations , Kristina A. Kvien, US Embassy Chargé d’Affaires, told the forum. Kvien and Matti Maasikas, EU Ambassador to Ukraine, both stressed the need for Ukraine’s media to inform the public about the n... #EUgrantsforUkraineFarmLand #GrantsforFarmLand
The EU is allocating €50 million in grants to help Ukrainian small farmers buy land over the next two years, Katarina Maternova, deputy director general of the European Commission’s Directorate for Neighborhood and Enlargement, told the government’s Ukraine 30 forum on Monday. #EUGrantsforLandpurchase #FarmLandforSale #Landreformukraine #UkraineLandforUkrainians
China’s Ambassador to Ukraine Fan Xianrong said that Chinese companies should invest in farming and processing food in Ukraine, Xinhua reports from an online forum held Tuesday: “Ukraine-China: The Future of Trade, Pulses, Grains, Oilseeds.” Fan notes that Ukraine’s food exports to China jumped 84% yoy, accounting for 45% of U... #AgroInvestments #chinaukraine #UKraineFarming
Ukrainian food exporters should take advantage of a projected 24% jump in Chinese food consumption by 2024 , Oleh Sytnyk, the President of the Ukrainian-Chinese Friendship Society, said yesterday at another China-Ukraine food conference. Due to urbanization and growing incomes, “more and more Chinese famil... #foodexport #FoodExporttoChina #UkraineExport
Auctions of state or communal farm land will now take place openly through electronic auctions conducted on the Internet, under a bill adopted yesterday by the Rada. “Anyone with a computer and Internet access will be able to take part in the auction,” (Interfax-Ukraine). “According to the ministry, the winners of the bi... #FarmLandAuction #FarmLandforSaleinUkraine #FarmLandSale #UkraineFarmLandforSale
Opposition to allowing foreigners to buy farm land remains strong in Ukraine, according to a new poll by the Rating Sociological Group. Of the 2,000 respondents, 79% oppose allowing foreigners to buy farmland and 77% say the issue should be decided by a national referendum. Of ... #FarmLandLaw #FarmLandUkraine #OpositonofFarmLandSale
In 2020, Agroton increased its net profit by 2.3 when compared to 2019 to $11.76 million, and its EBITDA increased by 14.6 times to $33.04 million, the company has revealed. Its revenue increased to $67.55 million, while gross profit was up 3.2 times, to $ 32.91 million. The assets of “Agroton” last year increased by 5.1% – up t... #Agroton #AgrotonProfits
Over the past six months, eight new international export markets have been opened for Ukrainian enterprises. This included 63 commodity items were registered in eleven countries and several international economic organizations, Interfax-Ukraine reports citing the State Service for Food Safety and Consumer Protection. #exportMarkets #exportofGoods #Ukraineexports
Markets outside the existing EU region have opened up including Japan, Libya, Argentina and Lebanon for Ukrainian exporters of milk and other dairy products . Domestic producers were able to supply eggs to Ethiopia, animal protein to Serbia, and cattle to the UAE. The Lithuanian market is now open for the export of insects used in crop protection. #ExportfromUkraine #ExportofMilk
“In addition these new markets, Ukraine now exporting 63 commodity items to 11 states and international economic organizations. The first being exports to CIS countries which are now subject to new trade rules that come in force from April 13, 2021 in the field of veterinary medicine. This has replaced an agreement between CIS... #ExportfromUkraine #exportofGoods #UkrainianExport
The most promising markets for exports from Ukraine are the European Union, China, Singapore, India, Vietnam, South Africa and Indonesia, said the State Consumer Service in a recent announcement of the continuation of work to expand existing markets across continents. #exportofGoods #ExportofUkrainianGoods #UkrainianExport
“An important priority for us is to work on opening new markets for the export of Ukrainian products. After all, these are new jobs and income to the state budget from taxes, “ said the Export Chief, Vladislava Magaletskaya. #exportofGoods #UkraineExport
This spring’s cool, wet weather will boost grain harvests by 14.5% and exports by 28%, the Ukrainian Grain Association predicted yesterday. In reality, this would return Ukraine to the bumper year of 2019/2020. Looking ahead, corn exports are to jump 27% in the coming marketing year, to... #agroUkraine #GrainfromUkraine #GrainHarvest
Ukraine increased its exports to China during the first two months of this year by 44% yoy, Taras Kachka, Ukraine’s Trade Representative, said after meeting with China’s ambassador Fan Xiangong. Overall, Ukraine’s trade rose 18%, to $2.5 billion, with China, the nation’s largest trading part... #chinaukraine #ExporttoChina #foodexport
The snow and frost that hit central Ukraine during the night of Sunday to Monday will not harm harvests , said Tetyana Adamanko, the Head of Agrometeorology at the Hydrometeorological Center at a farm associations meeting yesterday. Due to the late spring, seedlings can easily withstand the air temperat... #GrainHarvestUkraine #Harvest2021 #HarvestofGrains
The first of seven state-owned flour mills is to be privatized through auction on May 7 , the State Property Fund reports. Often called ‘bakeries’ these Soviet-era complexes mill wheat and corn into flour and animal feed. Located alongside railroad tracks, the seven ‘kombinats’ have elev... #BigPrivatization #FlourMills #StatePropertyFund
Ukraine could double and even triple grain exports to China, said Mykola Gorbachev, the President of the Ukrainian Grain Association after signing a cooperation agreement with China’s Association of Small and Medium Enterprises. Noting that Ukraine already has ... #ExporttoChina #grainexport #GrainforChina
The US will displace Ukraine as China’s top source of corn this year as predicted on the China’s Global Times news website. In the first two months of this year, China’s corn imports increased by 414% yoy, to 4.8 million tons. The US pulled ahead of Ukraine, largely du... #agroUkraine #CornExport #UkrainianCorn
Ukraine’s grain exports are down 35% yoy as of last Friday, according to data provided by the Economy Ministry. Drought depressed harvests, lead to the export drop. High food prices worldwide have ensured that Ukraine’s agricultural earnings have taken a small... #GrainExport2020 #GrainExportUkraine
Ukraine’s grain exports could rebound by 19% in the upcoming marketing year, reaching 54 million tons, predicted APK-Inform, the agriculture consultancy. Ukraine could export: 29.50 million tons of corn; 20 million tons of wheat; and 4.3 million tons of barley. In the last decade, Ukraine more than qua... #agroUkraine #grainexport #GrainExport2021
April’s soaking rains and a good start to the spring sowing campaign lead Economy Ministry analysts to predict a bumper grain crop of 75 million tons in 2021. This would be 15% over last year’s output. State weather forecasters said last month around 98% of Ukrainian winter wheat crops and 100% of winter barley were in good condition. #agroUkraine #GrainHarvest2021 #GrainUkraine #Harvest2021
Soybeans, a footnote to Ukraine’s grain story, are expected to see a 36% jump in production in the upcoming marketing year, 3.8 million tons. The USDA attributes this to a change in tax laws that make soybean production more profitable. Exports in the upcoming marketing year are expected to reach 2 million tons, up 20% over last year. This ... #agroUkraine #Soybeans #Soybeansexport
Ukraine, the world’s largest sunflower oil exporter, is expected to increase sun oil exports by 17% in the upcoming marketing year, to 6.5 million tons. With cooking oil price hikes pushing up Ukraine’s March inflation, the Economy Ministry and the Ukroliyaprom Trade Association agreed Monday to limit sunflower oil exports to 5.38 million tons in the ... #AgricultureUkraine #agroUkraine #SunflowerOil #Sunfloweroilexport
The EBRD is lending the hryvnia equivalent of $65 million to Datagroup, a fast growing telecommunications company, to buy Volia , Ukraine’s leading pay-TV and cable broadband service, the bank announced yesterday in a press release. With a majority of shares owned by the fund, Horizon Capital, Datagroup calls itself a leading ... #Datagroup #ebrd
The EBRD is also lending $57 million to the Kernel Group to improve the storage, transportation and export of agricultural commodities , the bank reported in a press release. The loan is part of a $200 million syndication arranged by French investment bank Natixis for Kernel, the world’s leading producer and exporter of sunflow... #agroUkraine #ebrd #Kernel #KernelGroup
UMG Investments plans to build a $150 million grain terminal at the Pivdennyi port, Ukraine’s busiest port on the Black Sea. The terminal will be capable of handling 9 million tons of grain a year, which equates to 20% of Ukraine’s current exports. The terminal is expected to be completed by 2024, said UMG CEO, Andrey Gorok... #GrainTerminal #pivdennyiport #UMG #UMGInvestments
Ukraine’s exports of goods hit $8.5 billion, up 4.5% in January-February, compared to the same period in 2020. Imports only increased by 0.5% to $8.73 billion. As a result, the $256 million trade deficit was slightly less than half the level of last year, reports the State ... #exportofGoods #UkraineExport
Agroholding Astarta, Ukraine’s largest sugar producer, increased its EBITDA by 45.6% to €113.4 million. The company increased its sugar EBITDA 9-fold, to €80.2 million, by selling one unprofitable sugar mill and by cutting sugar exports by 29%. Sugar prices were higher in Ukraine, where the company has ... #AgroholdingAstarta #agroUkraine #SugarfromUkraine
Concorde Capital’s Alexander Paraschiy wrote: “The company’s EBITDA and net leverage are the best in the last three years, making it one of the least risky farming and food companies in the Ukrainian universe.” #agroUkraine #SugarProduction
Driving up egg prices, Oleg Bakhmatyuk, owner of Avangard, the nation’s largest egg producer, has halved egg production over the last 18 months, to 170 million eggs a month. He has blamed the criminal prosecution by the National Anti-Corruption Bureau, saying it has cut him off from bank loans... #agroUkraine #Eggfarming #EggProduction
Beyond “ensuring Qatar’s food security,” Ukraine is discussing using Qatar as a logistics hub to supply food to the region, said Ihor Zhovkva, Deputy Presidential Chief of staff, (Ukrinform). Reviewing President Zelenskiy’s one day visit to Doha Monday, Zhovkva said: “During the talks, the leaders discussed the possibility... #FoodforQatar #QatarLogisticHub #UkraineandQatar #ZeinQatar
Corn exports are down 25% yoy in the first half of the October-September 2020 marketing season, reported APK-Inform. Of the 15.9 million tons exported so far, the top markets were: China – 6 million tons; EU – 5 million tons; and Egypt – 1.7 million tons. This year, Ukraine is expected to export... #agroUkraine #CornExport #CornfromUkraine #UkrainianCorn
Food exports and investment in food processing, irrigation and port logistics will be the topics for discussion today with Qatar’s Emir, Tamim bin Hamad Al Thani, and Prime Minister, Khalid bin Khalifa Al Thani, Agriculture Minister Roman Leshchenko told Ukrinform. In advance, talks have already taken place with Hass... #foodexport #FoodProcessing #QatarandUkraine
“In the food & agriculture segment, higher prices have been offset by lower volumes, resulting in a 3.3% yoy total decrease in exports,” writes Oleksiy Blinov, Alfa’s research head. “Sunflower volume exports are up only 1.5% yoy in March, but the export price has more than doubled.” Similarly, higher grain export prices have compensate... #agroUkraine #foodexport #FoodPrices
With food accounting for most of Ukraine’s exports to China, Ukraine is negotiating to open China to 15 new farm products from Ukraine, Vladyslava Magaletskaya, Ukraine’s Food Safety and Consumer Protection Service, wrote on Facebook after meeting with China’s Ambassador Fan Xiangzhong. The list includes: honey, cherries, apple, peas,... #Chinabuysfood #ExporttoChina #foodexport
