Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   

Photoblog

 


Home > News

Economy ministry plans to restrict export of Ukrainian corn to 29.3 mln tonnes, UGA opposes this decision

24.04.2020 21:15 "Agro Perspectiva" (Kyiv) The Ministry for Development of Economy, Trade and Agriculture of Ukraine has proposed that the ceiling for export of corn in the 2019/2020 agricultural year (July-June) at the level of 29.3 million tonnes is set in a supplement to the memorandum of understanding with the grain market players.

«The Ukrainian Grain Association (UGA) does not see the prerequisites for setting the ceiling for export volume of corn for the 2019/2020 agri-year and signing the corresponding supplement to the memorandum between the Ministry for Development of Economy, Trade and Agriculture and business associations on coordinating positions on the grain market for the 2019/2020 agri-year,» the UGA said in an appeal posted on its website.

The association is convinced that there are no prerequisites for a shortage of corn in the domestic market, therefore, setting the ceiling for export volume of this crop is impractical. Last year, Ukraine received a record corn crop of 35.2 million tonnes, and this year, the corn crop can reach a new record.

’Today, corn exports amounted to about 26 million tonnes and export rates are declining, which indicates the absence of special interest of exporters in corn. In addition, the market situation is such that the price of Ukrainian corn is almost $25–30 more per tonne than the price of its competitors from Argentina and the United States. Therefore, the UGA expects a further decline in the rate of export of corn in the near future. Therefore, the UGA does not see the preconditions for talking about a shortage of corn in the domestic market," the UGA said.

On the contrary, the association believes that Ukraine needs to have time to sell our leftovers while international prices are at «a fairly decent level,» since next year’s crop prices are much lower and storing corn is much more difficult and expensive than other crops.

From the beginning of 2019/2020 agri-year as of April 24, 2020, Ukraine exported 49.51 million tonnes of grain and legumes, which is 8.26 million tonnes more than on the same date of the previous agri-year.

According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, the country has exported 18.69 million tonnes of wheat, 25.52 million tonnes of corn and 4.63 million tonnes of barley.

«-»

Agro Perspectiva

< EBRD launches Vital Infrastructure Support Programme All news for
24.04.2020
Ukraine's economy ministry revises downwards grain forecast for 2020 to 60 mln tonnes due to lack of moisture, pandemic >

13.07.2020  
09:00 Philippine Imports of Milling Wheat Surge While Duties Implemented on Turkish Flour
10.07.2020  
17:15 BASF Group: operating result in the second quarter of 2020 above market expectations
13:25 In the 2019/2020 port NIKA-TERA handled 6.4 million tons of agricultural cargo
10:00 FAO and Rabobank's new partnership focuses on helping make food systems more sustainable, including through innovative investments
09.07.2020  
18:25 Director-General proposes new structure to make FAO agile and efficient
17:40 FAO welcomes additional 15 million from the European Union to fight Desert Locusts and their impacts on food security
17:25 Economy ministry estimates Ukraine's GDP fall at 5.9% in Jan-May
08.07.2020  
13:15 Economy ministry signs memo with grain market players for agreeing on export volumes, not for limiting exports minister
07.07.2020  
22:40 Refinancing rate could fall lower than inflation rate economy minister
12:10 BASF invests in next-generation farming for livestock producers with Cloudfarms digital platform solution
06.07.2020  
17:30 Rada with 286 votes backs resignation of NBU governor Smolii
16:45 Rada with 226 votes dismisses head of Antimonopoly Committee Yuriy Terentyev
11:30 Burger King, Cargill and World Wildlife Fund work to mitigate effects of climate change with new grassland restoration project
03.07.2020  
14:10 Record global cereal production to boost stocks
13:45 Global food commodity prices rebound in June
13:30 EBRD providing 7 million to Grain Alliance group
02.07.2020  
23:40 More Alcohol at Wholesale Prices for British Columbia Restaurants and Bars
22:45 Burger King, Cargill and World Wildlife Fund work to mitigate effects of climate change with new grassland restoration project
01.07.2020  
11:30 European Investment Bank provides a 200 million loan to KWS SAAT
30.06.2020  
14:00 World Bank approves $350 mln loan to support reforms for economic recovery in Ukraine
13:45 Japan Recognizes US HACCP System for Meat and Poultry
26.06.2020  
21:00 Thailand. Rice export prices remain high
20:00 Food Portion of the New Saudi Higher Import Tariffs Concentrates on Dairy Products
25.06.2020  
16:45 World coffee production for 2020/21 is forecast 9.1 million bags (60 kg) higher than the previous year to a record 176.1 million
16:00 Cargill launches first chocolate manufacturing operation in Asia, with growth plans across region
12:50 Bayer announces agreements to resolve major legacy Monsanto litigation
24.06.2020  
21:05 Decline of industrial production in Ukraine slows to 12.2% in May statistics
10:51 Ukraines parliament passes EBRD-supported derivatives law
23.06.2020  
15:59 EBRD and EU update tourism roadmap for Ukraine
11:12 Statistics Service improves assessment of Ukraine's GDP fall in Q1 2020 from 1.5% to 1.3%
09:15 IFC will issue $35 mln loan to Galnaftogaz
18.06.2020  
10:50 Cargill strengthens gourmet chocolate offerings with 3.5 million-euro investment
17.06.2020  
12:35 Ukraine's Economy ministry predicts grain harvest of over 68 mln tonnes in 2020
12:15 EU wheat production in 2020/2021 is projected down by 13.8 million tons
13.06.2020  
13:30 Rice Prices Remain High on Constrained Supplies and Robust Demand
11.06.2020  
13:00 Canada. Chicken Meat Production Falls on Reduced Demand
12:01 BASF Quarterly Statement Q1 2020. Sales of 16.8 billion
09.06.2020  
21:00 Capital investment in Ukraine decreases by 35.5% in Q1 2020 statistics
20:45 Inflation in Ukraine slows to 0.1% in May, to 1.7% y-o-y
16:30 Wheat and barley malt syrup added to Cargills label-friendly sweetener options for European food manufacturers
05.06.2020  
17:20 McDonald's to open five restaurants in Ukraine in 2020, to accelerate network development in 2021
16:30 Ukraine's intl reserves 1.3% down in May, to $25.372 bln
04.06.2020  
12:50 FAO Food Price Index falls to 17-month low
12:20 FAO Director-General appeals to donors to scale up response and ease plight of farmers and fishers in Yemen
11:25 Väderstad continues to invest in the manufacture of genuine parts
02.06.2020  
12:15 Ukraine ready to discuss expansion of range of food export to Japan Economy minister
11:11 MHP SE. Unaudited Financial Results for the First Quarter ended 31 March 2020
29.05.2020  
15:00 Brazil. Sugar production is estimated at 39,5 MT in 2020/2021
27.05.2020  
20:20 Govt backs separation of ecology ministry from Energy and Environmental Protection Ministry
26.05.2020  
10:22 EBRD provides EUR3 million loan to Ukrainian cereal producer

Also available: 

Agrarian Week in digital



READ ON-LINE




NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2020 © Agrarika, ltd.
tel.: +38 (044) 486-9171, 486-8119
fax: +38 (044) 486-8830, 494-4889
e-mail: info@agroperspectiva.com