Ukraine: soybean complex conquers new markets

In the 2015/2016 season Ukrainian farmers obtained all-time high soybean crop – 3927 KMT. Firstly, this result was achieved owing to acreage expansion to record 2200 thousand ha

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Ukraine not to sow winter grains in the optimal terms

Precipitations have been observed in the Southern and Eastern parts of Ukraine since September 20. Abundant rains were seen in Odessa region and in the western regions

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Ukraine competing with Russia on sugar market

According to forecasts of Russian experts, in 2016/2017 will be the first time that Russia can have excess in sugar stocks and likely will lead to sharp export increase

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Ukraine: nearly 42 million tons of grains harvested

As of September 26, Ukrainian agrarians harvested 41.955 million tons of grains throughout the areas of 10.603 million ha, or 74% of the plan

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Ukraine: oilseeds supply and demand balance in September 2016

UkrAgroConsult indicates the following tendencies: – during 3 months of the season Ukraine shipped abroad over 57% of total rapeseed export capacity; – Ukrainian rapeseed stocks will be enough for only 1-2 months of trade; – soybean productivity is significantly higher than last year; – sunflower seed export forecast for 2016/2017 was raised; – sunflower seed crushing will set a new record

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Azerbaijan: SOCAR to diversify portfolio by issuing bonds

Issuing of bonds of Azerbaijan’s state oil company SOCAR within the country will make it possible to diversify the company’s portfolio, SOCAR vice-president for economic issues Suleyman Gasimov said

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Azerbaijan: SOCAR commissions new well at Oil Rocks field

Azerbaijan’s state oil company SOCAR will produce over 5,800 tons of oil annually through commissioning a new well at the offshore Oil Rocks field, SOCAR said in a message

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Azerbaijan: Silk Way and Russian Helicopters to create service center

Silk Way Helicopter Services (SWHS MMC) commercial helicopter company and Russian helicopter holding Russian Helicopters signed a letter of intent within the ADEX 2016 International Defense Exhibition on September 27

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Europe: wheat sowings threatened by dry weather

The hot dry summer in the Black Sea region is stirring concerns for the next winter wheat crop, as the European Commission warns on Russian prospects after a hot dry summer

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Russia: wheat exports disappoint as low prices slow farmer sales

Russian wheat exports haven’t lived up to expectations so far this season as falling prices made some growers reluctant to sell grain to traders amid a halt in purchases by Egypt, the world’s largest buyer

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Russia to lift ban on fruits and vegetables supplies from Egypt

Russia will lift the ban on deliveries of all fruits and vegetables from Egypt except for potato, Russian veterinary and phytosanitary watchdog Rosselkhoznadzor said

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Russia not to take part in informal meeting in Algeria

Russia will not take part in an informal OPEC meeting in Algeria on Wednesday, Secretary General Mohammad Barkindo reported. “No, this is a consultative meeting of OPEC”, he said

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Russia: wheat exports up in August 2016

According to preliminary data, in August Russia exported 3217.7 KMT of wheat, up by 7.7% YoY. Over two months of season 2016/2017 wheat exports from Russia increased by more than 10%, to 4771

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Russia: over 109 million tons of grains harvested

As of September 26, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 41

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Russia: grain harvest forecast lowered

In the current year, the general grain harvest in Russia will not exceed 113 million tons in clean weight, the Director of the Department of plant growing, chemicalization and plant protection at the Ministry of Agriculture Petr Chekmarev announced

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Russia: Rostelecom asking for benefits in intercity services

Russian state-controlled telecom operator Rostelecom has asked the government to apply the interconnection tariff reform not only to local and zonal calls, but also to intercity traffic, which will bring the operator preferences

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Russia: July-September 2016 GDP close to zero

The growth of Russia’s gross domestic product (GDP) excluding seasonality was close to zero in July-September, while in annual terms GDP contracted by 0

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Russia: 64 thousand tons of grains purchased to the intervention fund

On September 27, National Mercantile Exchange CJSC (NAMEX) held the regular stock exchange trading within frames of public grain purchasing interventions in the regional trading platforms of Russia, and purchased 63

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Belarus: Mogilevliftmash investments in production development up in January-August 2016

OAO Mogilevliftmash elevator plant says it has invested Br6.3 million ($3.234 million) in production development in January-August, up by 7.9% YoY

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Ukraine: KTD Group to open refrigerator plant in Cherkasy

KTD Group, which imports and produces household appliances (Saturn, Kupava trademarks), seeks to open a new refrigerator plant in the first half of 2017 in Cherkasy, the press service of the Cherkasy Regional Administration reported

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Belarus: Ireland implementing alternative energy projects

Ireland is implementing alternative energy sources construction projects in Belarus, Belarusian Minister of Foreign Affairs Vladimir Makei said

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Azerbaijan: IBA to be privatized

The ultimate goal of recovering the International Bank of Azerbaijan is to reduce its assets and liabilities and the bank’s privatization should be the next step, Azerbaijan’s Finance Minister Samir Sharifov said

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Ukraine: flour exports geography significantly expanded in 2015-2016

During several recent seasons, the supplies to North Korea provided the major share of the growth of Ukrainian flour exports, but in 2015/2016 MY the geography of foreign markets for the product markets significantly expanded, the Adviser to the Chairman at Agrarian Fund PJSC Sergei Sakirkin declared

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Russia: Gazprom seeks 33% share on European gas market in 2016

Gazprom Export, the export arm of Russian gas giant Gazprom, plans to raise its share on the European gas market by 2-5% to 33% in 2016, Bloomberg reported citing the company’s representative Valery Nemov

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Russia: corn exports to hit record

Corn harvesting in Russia is gaining pace. This grain harvest has been gathered from about 20% of the intended area, but it is already clear now that Russian corn production will be record high

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Belarus: BelAZ launches $17.8 million facility

On September 23, BelAZ heavy-duty truck manufacturer launched its newly-built trimming and acceptance shop supplied by Italy’s IMEL S.p

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Belarus: Belaruskali potash fertilizer output down in January-August 2016

The state-owned OAO Belaruskali produced 3.799 million tons of potash fertilizers (in terms of 100% potassium chloride) in January-August, down by 17

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Belarus reports drop in potash exports proceeds in January-July 2016

Belarus’ proceeds from potash exports fell by 38.9% YoY in January-July to $1.057 billion, Belarus’ National Statistics Committee (Belstat) said in an official report

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Belarus: oil export proceeds down in January-July 2016

Belarus’ proceeds from oil product exports reduced by 36.1% YoY in January-July to $2.766 billion, a government source reported. In physical terms, Belarus’ oil product exports reduced by 4

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Belarus: farm output down in January-August 2016

Belarus’ farm output grew by 2.2% YoY in January-August to 8.4 billion Belarusian rubles ($4.347 billion at the official exchange rate), a source in the National Statistics Committee (Belstat) reported

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Azerbaijan: AZPROMO joins Silk Road Chamber of International Commerce

The Azerbaijan Export and Investments Promotion Foundation (AZPROMO) has become a member of the Silk Road Chamber of International Commerce, AZPROMO said in a message

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Ukraine: critical grain export volumes agreed for 2016/2017 MY

The Ministry of Agrarian Policy and Food of Ukraine has agreed with grain exporters on the annex to the Memorandum of understanding for 2016/2017 MY

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