Ukraine: mayonnaise output up in July 2016

In July Ukraine produced 9.7 KMT of mayonnaise against 8.3 KMT in June of the current year and 9.6 KMT in July 2015. In January-July total production equals 69

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Russia: Uralkali board decisions

Uralkali, one of the world’s largest potash producers, announces the key decisions taken by its Board of Directors at a meeting on September 1

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Russia: 2016 GDP decline outlook worsened

Russia’s Economic Development Ministry has worsened its forecast for Russia’s gross domestic product (GDP) decline in 2016 to 0.5-0

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Russia: sunflower oil to get cheaper

Harvesting of sunflower and soybean has started in the southern regions of the Russian Federation and starting prices for raw materials of the new crop were announced in these regions

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Russia: gas wholesale domestic price to go up in 2017

The wholesale domestic price of Russian gas can increase by 2.5-3% in 2017, Deputy Economic Development Minister Nikolai Podguzov reported. As regards the 2016 gas price increase, Podguzov said that the decision should be made by the Federal Antimonopoly Service

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Russia: broiler market leaders consolidate position as smaller farms close

Russia’s broiler meat production is expected to grow slightly in 2017, by 0.5% to 3.77 million metric tons (MMT, ready-to-cook weight), according to the latest report from the US Department of Agriculture’s Foreign Agricultural Service (FAS)

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Russia: rapeseed crushing capacities up

Small-sized farm “Domashenkov A.G.” launched the first rapeseed crushing plant in Nizhegorodsk region with the project capacity of 12 KMT of rapeseed per day

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Russia: over 92 million tons of grains harvested

As of September 1, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 32

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Russia to see record high harvest of grain in 2016-2017 year

Russia can have the highest grain harvest in its entire history in the 2016-2017 agricultural year, Prime Minister Dmitry Medvedev said. “We can expect quite decent results, maybe, I do not want to say too early but these will be the results of a really high level over the last decades, maybe over the entire history because the harvest which has been already collected in some regions, if we talk about the crop, the grains, it has been unparalleled, there has been nothing like it ever before”, Medvedev said

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Russia: export duty on wheat annulled

The Russian government has annulled the wheat export duty for two years, Prime Minister Dmitry Medvedev said. “We have decided to annul the wheat export duty for the next two years

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Russia: grain price behavior in late August – early September 2016

Export prices for Russian high-protein wheat fluctuated during the week, but showed a slight decrease. On the one hand, the pressure was caused by drop in wheat quotations on the global market (on the Chicago Board of Trade -10

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Russia: export duty cancellation to increase wheat exports

Cancellation of the export duties on Russian wheat will positively impact the grain supplies on foreign markets and increase the volumes by 5 million tons – to 30 million tons per year

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Russia: Abrau-Durso planning aggressive asset purchase

Russian winery Abrau-Durso plans to aggressively extend its asset volume through purchases, CEO Pavel Titov said. “We plan to show a quite aggressive behavior on the market

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Russia: Yamal LNG to get $400 million from JBIC

Yamal LNG liquefied natural gas plant project led by independent gas producer Novatek can receive a $400 million loan from the Japan Bank for International Cooperation (JBIC), Bloomberg reported citing JBIC CEO Tadashi Maeda

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Russia: Uralkali decisions of EGM

On August 29, Uralkali held its Extraordinary General Meeting of Shareholders (EGM) where following decision has been made. The EGM approved of interested-party major transaction (a number of interrelated transactions) – placement of the company’s exchange traded bonds in favor of JSC Uralkali-Technology with a total nominal value of $800 million and with a value of $1000 per bond

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Ukraine: gas production up in January-August 2016

Natural gas production in Ukraine in January through August grew by 1.6%, or 211.4 million cubic metersYoY, to 13.379 billion cubic meters. Gas production in August alone was 1

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Ukraine: wheat stocks down

According to Ukrainian office of statistics, as of August 1, stocks of grains and legumes were at 23.9 MMT, down by 2.5% YoY (24.5 MMT). Wheat stocks decreased by 5%, to 16

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Belarus: Polimir views EU as priority market for acrylic fiber export

Belarus’ petrochemicals plant Polimir considers the European Union a priority market for acrylic fiber export, a company official said

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Russia: Northeast Passage traffic at 65 million tons by 2020

The cargo traffic by the Northeast Passage can increase manifold to 65 million tons a year by 2020 because Russia’s foreign partners, in particular, China, are interested in the opportunities its use can offer, Nikolai Patrushev, secretary of the Security Council, declared

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Russia: Ministry of Agriculture changes structure

The Ministry of Agriculture of Russia has made changes to the structure of its central administration unit, abolishing the agricultural and food market regulation, food and processing industry and creating two separate divisions

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Kazakhstan: over 5 million tons of grains harvested

According to the regional agricultural departments, as of September 1, Kazakh agrarians harvested grains throughout 3.263 million ha, or 21.3% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared

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Ukraine: flour output down in July 2016

According to the official statistics figures, in July Ukraine produced 148.5 thousand tons of flour, down by 7% YoY. Ukraine dropped production volumes of all types of flour products

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Ukraine: SFGCU exports over 40 thousand tons of flour

In 2015/2016 MY PJSC State Food and Grain Corporation of Ukraine shipped more than 40 thousand tons of flour to foreign markets, up 2 times YoY, the press-service of the company declared

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China: EEC set to speed up collaboration with Silk Road

The Eurasian Economic Commission (EEC) is determined to speed up the process of associating the Eurasian Economic Union (EEU, includes Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan) with China’s Silk Road project, the EEC press-service said in a statement

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Belarus: pork imports from Ukraine banned

On September 1, Belarus has temporarily banned pork imports from Volyn and Vinnytsia regions of Ukraine due to African swine fever (ASF). The Veterinary and Food Control Department of the Ministry of Agriculture and Food of the Republic of Belarus has stated this on its website

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Belarus reports $1.9 billion commodity trade deficit in January-July 2016

Belarus’ foreign trade deficit stood at $1.934 billion in January-July against $1.457 billion in January-July 2015, according to the National Statistics Committee (Belstat)

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Belarus and Georgia to increase bilateral trade in 2017

Belarus and Georgia intend to increase their trade up to $200 million in 2017. Deputy Prime Minister of Belarus Mikhail Rusy made the statement after the national expo of Belarus in Georgia

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Belarus: crop conditions in September 2016

Conditions for soil preparation, winter rapeseed sowing and germination across most of Belarussian territory are favorable. In the fields sown with rapeseed in the first half of August, rapeseed germinated and leaf formation has started

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Belarus: electricity exports to Lithuania up in H1 2016

Belarus increased electricity exports to Lithuania by 11.8% YoY in January-June to 75.5 million kWh, according to official statistical reports

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Ukraine: Antonov not to reassign An-225 ‘Mriya’ intellectual property rights to China

Ukraine-China cooperation in the Antonov An-225 ‘Mriya’ heavy-lift transport aircraft project boasting a 250-ton payload rules out reassignment of intellectual property rights to China, Antonov State Company said

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