Ukraine. New crop grain prices declined both on export and domestic markets

New crop grain prices declined on the export market last week. The prices were pressured by world market trends. During the reporting week CBOT wheat futures dropped by 6% and CBOT corn futures – by almost 9%. Domestic demand prices also decreased after the holidays. Prices were pressured by new crop grain expectations. Ukrainian farmers have already started winter wheat harvesting in the southern regions, and average yield is higher than last year. Moreover, hot weather may still improve wheat quality in ... Read More

Ukraine grain exports hits record high 39.4 million tonnes

Ukraine’s grain exports hit a record high 39.4 million tonnes in the 2015/16 July-June season, exceeding the previous season’s volume by 13 percent, the agriculture ministry said on Saturday. The volume included 17.35 million tonnes of wheat, 17.40 million tonnes of maize and 4.41 million tonnes of barley, the ministry said in a report. Ukraine harvested around 60 million tonnes of grain in 2015. The country, which harvested 63.8 million tonnes of grain in 2014, exported 34.8 million tonnes of grain in ... Read More

Ukrainian oilseed meal exporters increased their sales

Increase in world prices for sunflower and soybean meals boosted export activity on Ukrainian market. In May exports of sunflower and soybean meals were record high, as well as current volumes exported since the beginning of 2015/16 season. Thus, in May sunflower meal exports reached 361.2 KMT against 288.2 KMT over the previous month. Since the beginning of the current season Ukraine exported 2596.5 KMT, which is 301.5 KMT higher compared to the same period of 2014/15. May volume of soybean meal exports ... Read More

Ukraine. Will weather favor successful completion of oilseed sowing?

Oilseed sowing campaign is coming to the end in Ukraine. And the nearer the end is, the more important is the issue of soybean sowing on time. By June, 14 farmers had sown 1862.7 Th ha of the intended 2024.4 Th ha (2007 Th ha by the same date in 2015). Due to weather improvement last week sowing speeded up, which comes in line with UkrAgroConsult`s previous suggestions. Further meteorological forecasts give hope for sowing completion at 2000 Th ha. In contrast to ... Read More