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
Ukraine maize crop outlook cut as crisis takes toll
Syrian buyer picks up first wheat cargo in weeks
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
Ukraine to consider lifting wheat export curbs next month
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
Weather puts Black Sea on course to restore grain output
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
Ukraine winter wheat in good condition
Reuters / No more than 400,000 hectares of winter grain crops, or up to five per cent of the sown area, are likely to be reseeded this spring against 1.5 million hectares in 2012, a senior Agriculture Ministry official said Feb. 19. “We expect the reseeding of three to five per cent (of winter grain
Ukraine traders expect wheat export curbs soon
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
Ukraine to ban wheat exports from Nov. 15, traders say
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
Ukraine won’t limit barley, maize exports, ag minister says
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
Ukraine to follow suit if Russia limits grain exports
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
Ukraine denies curbing wheat exports
Ukraine’s government said last week it had not urged grain traders to limit wheat exports, denying local media reports it had done so, and it forecast that there would be no shortages of grain on the domestic market. “There are no recommendations to limit wheat exports,” Agriculture Minister Mykola Prysyazhnyuk told reporters. “Traders are telling
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