Reading Time: 2 minutes Kiev | Reuters — Ukraine has no plans to restrict grain exports after Russia introduced curbs to stabilize surging prices, and will instead meet with traders to plan the year ahead in “normal operating mode,” Agriculture Minister Oleksiy Pavlenko said Saturday. Last month, Moscow announced it would introduce grain export duties of at least 35 […] Read more
Ukraine says no grain export curbs planned
Rain hits Ukrainian wheat quality
Reading Time: 2 minutes Kiev/Moscow | Reuters — Ukraine is set to produce more wheat for animal feed and less higher grade bread-making grain this year, as rain damage has shifted the global exporter’s quality balance, traders and analysts said. The altered backdrop is seen heaping further pressure on global prices, while also signalling tougher competition with other European […] Read more
Ukraine maize crop outlook cut as crisis takes toll
Reading Time: 2 minutes Kiev | Reuters — Crisis-hit Ukraine’s maize crop is expected to slump almost 20 per cent this year, a Reuters poll showed Wednesday, as farmers from the major global exporter feel the impact of reduced financing. As Ukraine teeters on the brink of dismemberment, the crisis has toughened lending conditions and some farmers have been […] Read more
Syrian buyer picks up first wheat cargo in weeks
Reading Time: 2 minutes A Syrian buyer has concluded a deal for 23,000 tonnes of milling wheat, the first commercial cargo to be booked in weeks as civil conflict and a financing crunch have held up deals, trade sources said on Friday. Syria faces its worst wheat harvest in nearly three decades as war rages, increasing pressure on the […] Read more
Ukraine to consider lifting wheat export curbs next month
Reading Time: 2 minutes Ukraine will decide next month whether to lift restrictions on wheat exports that were imposed after a poor harvest last year, Agriculture Minister Mykola Prysyazhnyuk said on Wednesday. The ministry has capped exports at 6.3 million tonnes in the current season, which runs to June 2013. "We could discuss the issue around April 10," Prysyazhnyuk […] Read more
Weather puts Black Sea on course to restore grain output
Reading Time: 3 minutes Favourable weather is likely to help the Black Sea region’s three top grain producers — Russia, Ukraine and Kazakhstan — restore grain output this year after a shattering fall in 2012, analysts and officials said. Russia, usually one of the world’s top wheat exporters, was hit by drought last year, which slashed the grain harvest […] Read more
Ukraine traders expect wheat export curbs soon
Reading Time: 2 minutes Grain traders expect the Ukrainian government to introduce curbs on wheat exports early in December but fear that instead of an official ban it might opt for informal restrictions, the grain lobby said Friday. Agriculture Minister Mykola Prysyazhnyuk said last month the government would halt wheat exports from Nov. 15 due to a fall in […] Read more
Ukraine to ban wheat exports from Nov. 15, traders say
Reading Time: 2 minutes Traders said Friday that Ukraine’s agriculture ministry would ban exports of wheat from Nov. 15 after bad weather hit the harvest, pushing up global wheat futures prices even though traders had expected the move. The ministry, however, is sticking to its earlier formula of allowing traders to export up to a total of five million […] Read more
Ukraine won’t limit barley, maize exports, ag minister says
Reading Time: 2 minutes Ukraine will impose no limits on exports of barley and maize in the current marketing season, Agriculture Minister Mykola Prysyazhnyuk said Tuesday, adding that the former Soviet republic would export over two million tonnes of grain this month. "Moreover, we will encourage the exports of feed grains," Prysyazhnyuk said on the sidelines of an international […] Read more
Ukraine to follow suit if Russia limits grain exports
Reading Time: 4 minutes Any effort by drought-stricken Russia to restrict grain exports is likely to provoke a similar move by neighboring Ukraine, leaving markets bereft of supply from two major Black Sea producers at a time when dry weather has slashed grain supply from India to Indiana. Importers moved swiftly to secure supply as the harvest outlook took […] Read more
A message from April Stewart, Country Guide's Associate Editor
