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In 2023, the State Tax Service (SST) of Ukraine reimbursed only 63% of the requested VAT, revenues from which accounted for one fifth of the state budget's revenues in 2023.   In 2023, VAT on imported goods increased by 1.4 times compared to 2022 to UAH 366.2 billion, which almost corresponds to the figure of UAH 380.7 billion in 2021. At the same time, VAT on goods produced in Ukraine increased by 10% to the level of 2021.   The VAT refund situation has also improved,...

The Committee on Agriculture of the European Parliament decided that protection measures against the import of Ukrainian agricultural products should be strengthened, as demanded by the farmers of several EU countries, Euroaktiv reports.   According to the Committee's conclusion, "safeguard measures should cover all sectors, and 'emergency' measures designed to restore duties on eggs, poultry and sugar should extend to grains and oilseeds and...

Against the backdrop of a decrease in world prices for soybeans in Ukraine, purchase prices fell from UAH 18,000/t at the end of January to UAH 16,500/t at the end of February with delivery to the factory. This was discussed at the briefing of the PUSK agricultural cooperative, established under the All-Ukrainian Agrarian Council.   Traditionally, Ukraine exported 50-60% of the soybean crop to Turkey and Egypt. In February, 290,000 tons of soybeans were exported from Ukraine out of...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine  CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 2750 Peas 10250 10000 17000 Buckwheat 9200 Rye 6000 Sugar beet pulp gran 5500 Green peas 19500 ...

A 2.5% rise in oil prices this week supported palm oil and soybean oil, although overall markets remain under pressure from higher production and lower exports.   April palm oil futures on the Bursa Malaysia exchange rose for three straight sessions and rose 1.58% yesterday to 3,924 ringgit/t or $824/t (+1.6% on the week), remaining fairly stable for two weeks   According to surveyors AmSpec Agri and Intertek Testing Services, for February 1-25, compared to the same period...

Against the background of continued hostilities between Israel and Hamas and new Houthi attacks on commercial vessels in the Red Sea, oil prices rose to a two-week high, not reacting to data on increased supplies from the Russian Federation.   April Brent crude futures rose 2.4% this week to $83.6/barrel (+1.5% for the week, +2.2% for the month), while Russian Urals crude for the time fell by 1% to $74.3/barrel (+2.3% for the month). Russian oil prices exceed the US level of...

In the February bulletin "Global prospects for North Africa" of the agency Mars, it is noted that dry weather in the countries of North Africa has significantly reduced the yield of grain crops.   Thus, in most agrarian regions of Morocco and the central and northwestern regions of Algeria, the accumulation of biomass of agricultural crops is significantly lower than the average indicators, and in Tunisia and Western Libya, the drought significantly delayed the sowing of...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine  CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 2750 Peas 10250 10000 17000 Buckwheat 9200 Rye 6000 Sugar beet pulp gran 5500 Green peas 19500 ...