Ukraine: broiler production hits record heights

Ukrainian broiler meat production is growing even faster than thought, thanks to record exports and steady consumer demand, US officials said

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Russia: UN approves of bill on new resource classification

Russia’s Natural Resource and Environment Ministry and the U.N. have approved the first document that will bring the country’s classification of oil and gas resources closer to the U

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Ukraine waiting for tranche of U.S. secured $1 billion

Ukraine is waiting for the fourth tranche of the U.S. government-secured $1 billion. “Along with the proposal on technical assistance we hope to continue cooperation in getting the new U

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Ukraine to become a country with strong economy over next 4-5 years

The government is making all necessary steps to ensure that over the next 4-5 years Ukraine could become a country with a strong national economy, Prime Minister of Ukraine Volodymyr Groysman announced during the opening ceremony of electrical equipment and automotive parts plant of the Fujikura company in the Lviv region

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Ukraine: margarine output down in January-August 2016

In August large and medium-sized enterprises produced 11.5 KMT of margarine against 15.7 KMT in the previous month. August volume was almost in line with production in August 2015 (11

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Ukraine: winter rapeseed sowing at the end

The last week of September has come to the end with moderately warm weather conditions and low amount of precipitations. Average air temperature was within +9

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Ukraine: the Dnieper to be developed with the Netherlands

Ukraine and Netherlands agreed to strengthen cooperation in the sphere of internal waterways development and port infrastructure. According to the results of meetings with Ministry representatives and Ambassador of Netherlands in Ukraine, agreements were reached concerning the visits of responsible Ukrainian ministry representatives to the Netherlands so as to gain experience in internal waterways management

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Ukraine holds sitting with Korea on trade and economic cooperation

On October 3, Ukraine and Korea held a sitting of the joint governmental commission for trade and economic cooperation. First Deputy Economic Development and Trade Minister Yulia Kovaliv posted this on her Facebook page

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Ukraine: seaports grain exports up in late September 2016

On September 26 – October 2, Ukraine exported 1.02 million tons of grains from the seaports, against 648.4 thousand tons on the previous week

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Ukraine: Ministry of Agrarian Policy signs memorandum with grain exporters for 2016/2017 MY

On September 30, the minister of Agrarian Policy and Food of Ukraine Taras Kutovyi signed the Annex #1 to the Memorandum of Understanding between the Ministry of Agrarian Policy and market participants – grain exporters for 2016/2017 MY

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Russia: ministry offers 9.4% cut of 2016 spending on agriculture

Russia’s Finance Ministry has suggested the government cut spending on a state agriculture program by 9.4% to 214.791 billion rubles in 2016, according to the ministry’s draft amendments to the 2016 budget published on the government’s web site for disclosure of legal information

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Russia: suggestions for Rossiya Airlines sale to be prepared by October 10, 2016

Russia’s Transport Ministry will prepare proposals to sale national flag carrier Aeroflot’s 75% minus one share stake in Rossiya Airlines by October 10, minister Maxim Sokolov announced

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Russia: Rosneft and Bashneft privatization resumed

The Russian government will resume preparations for a sale of its stake in oil company Bashneft and has launched the sale of 19.5% in oil major Rosneft, Deputy Prime Minister Igor Shuvalov said

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Russia: oil output up in September 2016

Russia has set a new record in oil production by increasing output by 4% MoM to 11.11 million barrels per day (bpd) in September, Reuters reported on October 2, citing the latest data of the Energy Ministry

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Russia: nearly 9.5 million tons of grains exported

Since the beginning of 2016/2017 MY, and as of September 28, the volume of grain exports from Russia totaled 9.436 million tons, down by 3% YoY (9

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Russia: oilseed stocks lower than last year

As of September 1, Russian agro enterprises had 722.8 KMT of oilseeds, down by 94.2 KMT or by 11.5% YoY (817 KMT). In August oilseed stocks were 366 KMT higher

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Russia: grain harvest to stay at the record level in 2017

In 2017 Russia will keep the general grain harvest at the level expected for the current year – 113-116 million tons, the Minister of Agriculture of the Russian Federation Alexander Tkachev declared

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Russia: cancellation of wheat export duty to be unlimited

Cancellation of the export duties on Russian wheat has to be unlimited, the Deputy Prime Minister of the Russian Federation Arkady Dvorkovich declared

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Russia: Mail.Ru buys mobile game developer Pixonic

Russian Internet giant Mail.Ru Group acquired 100% of mobile game developer Pixonic for $30 million, the group said. “We’re sure that we’ve been joined by one of the strongest teams of mobile game developers in the world

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Russia to negotiating gas dispute with Belarus

Russia and Belarus will discuss their natural gas dispute, but not a discount some time, Deputy Prime Minister Arkady Dvorkovich said. Belarusian President Alexander Lukashenko said earlier in September that Moscow and Minsk had almost agreed on the price of Russian gas supplies, but Yury Yaroshevich, minister-councilor of the Belarusian embassy in Russia, said shortly after that the talks finished without result

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Ukraine: Poroshenko congratulates Luch Bureau on successful test of new weapon

Ukrainian President Petro Poroshenko has congratulated the Kyiv-based government-run Luch Design Bureau on its successful test of the Sarmat new remote weapon system with anti-tank missiles

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Kazakhstan: number of China-Europe container trains transiting up

The number of container trains going from China to Europe transiting through Kazakhstan has increased more than twice. Since the beginning of the year, 1,210 container trains passed through the territory of Kazakhstan on the China-Europe railroad

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Russia: Moscow court to consider 3 billion RUR Rosneft suit to RBC on November 11, 2016

The Moscow Arbitration Court will consider a 3.1 billion ruble suit filed by oil major Rosneft against channel RBC-TV and BusinessPress, the founder of media holding RBC, on November 11, according to a court statement

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Russia’s position raises OPEC agreement chances

Russia’s readiness to participate in consultations on oil output limits raises the chance that large oil producers will agree on measures to counter the price decline at the next meeting of OPEC on November 30 in Vienna, Morgan Stanley said in a research note

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Russia: retail sales to recover in 2017

Russian retail sales are not expected to see a significant positive dynamics in 2016 but will likely recover in 2017, Industry and Trade Minister Denis Manturov said

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Kazakhstan: agrarian sector to receive additional support

Kazakh agro sector additionally received $290 Million in the framework of plan on additional measures to stimulate economic growth and support employment in 2016-2017

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Russia: in late September 2016 grain exports from the seaports halved

On September 26 – October 2, the export volumes of grains from the Russian seaports reached 425.8 thousand tons, against 747.4 thousand tons shipped on the previous week

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Russia: export duties on wheat to be restored

The Ministry of Agriculture of Russia does not entirely foreclose the possibility of renewal of the export duties on wheat in terms of force majeure circumstances, the Minister of Agriculture of the Russian Federation Alexander Tkachev declared

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Ukraine: grain exports to reach last year record level

In the current season the export potential of Ukraine in the grain segment totals 38.1 million tons. This is a decrease of only 1.1% compared with the record high level in 2015/2016 MY

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Ukraine: Groysman calls upon Korean business to invest

Prime Minister Volodymyr Groysman urges the representatives of Korean business to invest in Ukraine. “I would like to take this opportunity to encourage you, dear colleagues, to deepen our cooperation both in the field of trade relations and in investment, particularly in the economy of Ukraine”, he said at a meeting with leaders of Korean companies

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Russia: data retention laws and div payout cap telecom index growth

The telecom index, MICEX TLC, has been rising steadily since January through May on a strong ruble and robust performance of its pillar, Russia’s top telecom firm MTS, but the controversial data retention laws and the end of a dividend payout period undermined the growth by late September

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Ukraine: dry weather conditions retain in several regions

In Ukraine weather conditions were moderately warm with lack of precipitations. Light rains (3-10 mm) were observed in the Western, Northern and Eastern regions, though they did not replenish soil moisture stocks in the winter crop fields considerably

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Ukraine: Council of Europe to give 45 million euros for reforms

The Council of Europe plans to provide Ukraine with 45 million euros to support reforms, Foreign Minister of Ukraine Pavlo Klimkin posted on Twitter

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