Kerneloil

Tuesday, January 26

Climate change poses an increasing challenge to Ukraine’s ambitions to become an agricultural superpower,

Climate change poses an increasing challenge to Ukraine’s ambitions to become an agricultural superpower, Climate change poses an increasing challenge to Ukraine’s ambitions to become an agricultural superpower, Anna Ackerman writes in an Atlantic Council Ukraine Blog. “The single most striking and alarmi...

Due droughts and “unusually intense spring frosts,” Ukraine lost almost 800,000 hectares of crops this year, Ackerman writes.

Due droughts and “unusually intense spring frosts,” Ukraine lost almost 800,000 hectares of crops this year, Ackerman writes. Due droughts and “unusually intense spring frosts,” Ukraine lost almost 800,000 hectares of crops this year, Ackerman writes. She warns: “While southern regions of the country slowly adapt to the lack...

Drought, frosts and poorly timed rains caused Ukraine to suffer the biggest drop in farm production in a quarter century – 11.5% yoy,

Drought, frosts and poorly timed rains caused Ukraine to suffer the biggest drop in farm production in a quarter century – 11.5% yoy, Drought, frosts and poorly timed rains caused Ukraine to suffer the biggest drop in farm production in a quarter century – 11.5% yoy, reports the State Statistics Service. Crop farming was down 13.9%....

Oleh Bakhmatyuk, owner of Ukrlandfarming, reported last week that he has shut down 37 companies and let go 13,000 employees

Oleh Bakhmatyuk, owner of Ukrlandfarming, reported last week that he has shut down 37 companies and let go 13,000 employees Oleh Bakhmatyuk, owner of Ukrlandfarming, reported last week that he has shut down 37 companies and let go 13,000 employees. He blamed “unprecedented legal pressure” from Artem Sytnyk, director of the...

Dragon Capital writes: “

Dragon Capital writes: “ Dragon Capital writes: “The drop in agricultural production in 2020, which became the sharpest since 1994, was mainly caused by a lower harvest, as late-crop yields were hit by poor precipitation.”...

Concorde Capital writes:

Concorde Capital writes: Concorde Capital writes: Bakhmatyuk’s “scapegoating approach can only partially explain all the business troubles that Ukrlandfarming and its related Avangardco (AVINPU, AVGR LI) have had since late 2...

The USDA forecasts that Ukraine’s grain harvest will be down 8% this year, to 64.2 million tons

The USDA forecasts that Ukraine’s grain harvest will be down 8% this year, to 64.2 million tons The USDA forecasts that Ukraine’s grain harvest will be down 8% this year, to 64.2 million tons. This will lead to an 8.5% yoy drop in total grain exports to 45.8 million tons, predicts the U.S. Depar...

Ukrainian dairy producers charge that imported milk, butter and cheese are driving them out of business.

Ukrainian dairy producers charge that imported milk, butter and cheese are driving them out of business. Ukrainian dairy producers charge that imported milk, butter and cheese are driving them out of business. Facing competition, largely from the EU, only 160 dairy producers survive – about one quarter t...

According to the State Statistics Service, animal farming fell by only 2.6%.

According to the State Statistics Service, animal farming fell by only 2.6%. According to the State Statistics Service, animal farming fell by only 2.6%. Chicken were down 9.3%. Cows were down 6.2%. While pigs were up 2%, largely on the strength of investments in industrial pi...

With the declines in animals and birds,

With the declines in animals and birds, With the declines in animals and birds, egg production was down 2.9% and milk production fell by 4.2%. Beef production was down by 17% and poultry was up 4%.

With the corn harvest down 15% yoy and prices at seven-year highs,

With the corn harvest down 15% yoy and prices at seven-year highs, With the corn harvest down 15% yoy and prices at seven-year highs, Ukraine’s government decides this week on a request by pig and poultry producers to limit corn exports to 22 million tons – three tim...

China nearly tripled its purchases of Ukrainian corn last fall

China nearly tripled its purchases of Ukrainian corn last fall China nearly tripled its purchases of Ukrainian corn last fall, to 3.6 million tons, according to APK-Inform. Compared to the same October-December period, the EU cuts its purchases by 39%, to 2.7 mil...

Bangladesh will step up wheat purchases from Ukraine on the news that Russia imposing an export tax on wheat

Bangladesh will step up wheat purchases from Ukraine on the news that Russia imposing an export tax on wheat Bangladesh will step up wheat purchases from Ukraine on the news that Russia imposing an export tax on wheat, Mosammat Nazmanara Khanum, the top civil servant at Bangladesh’s food ministry, tells Reut...

Vietnam nearly doubled its imports of grain from Ukraine last year

Vietnam nearly doubled its imports of grain from Ukraine last year Vietnam nearly doubled its imports of grain from Ukraine last year, Taras Kachka, Ukraine’s deputy minister of Economic Development, Trade and Agriculture, writes on Facebook. With two-way trade...

With Russia and Argentina imposing export restrictions on wheat, the export price of Ukrainian wheat has hit a six year high

With Russia and Argentina imposing export restrictions on wheat, the export price of Ukrainian wheat has hit a six year high With Russia and Argentina imposing export restrictions on wheat, the export price of Ukrainian wheat has hit a six year high, reports APK-Inform. Deputy Economy Minister Kachka writes on Facebook: “Al...

Fueling purchases of Ukrainian food, weather irregularities and Covid-19 supply chain disruptions pushed world food prices in December to the highest level in six years

Fueling purchases of Ukrainian food, weather irregularities and Covid-19 supply chain disruptions pushed world food prices in December to the highest level in six years Fueling purchases of Ukrainian food, weather irregularities and Covid-19 supply chain disruptions pushed world food prices in December to the highest level in six years, according to the FAO Food Pric...

Ukraine’s Kernel, the world’s largest producer and exporter of sunflower oil, crushed a record 1 million tons of oil seeds Oct-Dec, boosting oil sales by 23% yoy

Ukraine’s Kernel, the world’s largest producer and exporter of sunflower oil, crushed a record 1 million tons of oil seeds Oct-Dec, boosting oil sales by 23% yoy Ukraine’s Kernel, the world’s largest producer and exporter of sunflower oil, crushed a record 1 million tons of oil seeds Oct-Dec, boosting oil sales by 23% yoy, to 425,340 tons. During the second ha...

The EBRD is considering approving next month an $80 million loan to Kernel

The EBRD is considering approving next month an $80 million loan to Kernel The EBRD is considering approving next month an $80 million loan to Kernel for the purchase, storage, processing, transportation and export of agricultural goods. As of last June, Kernel’s net debt wa...

Ukraine’s overall exports of vegetables oils were up 5%

Ukraine’s overall exports of vegetables oils were up 5% Ukraine’s overall exports of vegetables oils were up 5% to a record 6.6 million tons in the marketing year that ended last August. Vegetable oils accounted for 5% of Ukraine’s sea-borne exports, accor...

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