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The Ministry of Agrarian Policy has updated the criteria for determining agro-industrial enterprises as critically important for the economy of Ukraine
27.12.2024
The Ministry of Agrarian Policy of Ukraine, by Order No. 4282 of December 10, 2024, approved new criteria for recognizing enterprises, institutions and organizations of the agricultural sector as critically important for the national economy in a special period. Now the importance of an agricultural enterprise for the national economy will be determined by the following criteria: in the process of conducting agricultural activities, cultivates at least 500 hectares of...
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Sunflower prices in Ukraine fell below UAH 25,000/t at the end of the year
27.12.2024
The sunflower market in Ukraine is expecting new factors to influence prices, as processors have lowered their purchase prices and farmers have stopped sales, causing some plants to stop operating. During the week, sunflower prices decreased by another 200-500 UAH/t to 23,800-25,000 UAH/t against the backdrop of a drop in sunflower oil prices to $1,050-1,070/t with delivery in January to Black Sea ports. According to Trading Economics, the average world price for...
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In eastern Ukraine, winter crops are in the worst condition
27.12.2024
Despite the prolonged summer-autumn drought in Ukraine, the condition of winter crops in early December turned out to be better than expected, ASAP Agri reports. According to agrometeorologists, currently 77% of winter crop crops in Ukraine are in good condition, and another 20% are in satisfactory condition. The worst condition of crops is in the eastern regions, which have suffered the most from the drought. Thus, in Kharkiv region, 19% of crops are in unsatisfactory...
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Purchase prices for grains in Ukraine on December 26, 2024
26.12.2024
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 5750 Mustard seeds 25000 Peas 13500 11325 Rye 9000 Rye grade II 9000 Coriander 21500 ...
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India extends duty-free import of yellow peas until February 2025
26.12.2024
The Indian authorities have extended the current import conditions for yellow peas (within the ITC (HS) code 07131010) from December 31, 2024 to February 28, 2025. The country is the world's largest importer of yellow peas. To control prices for the legume amid shortages, duty-free imports were introduced in December 2023 and have been continuously extended since then. According to estimates by the Indian Association of Grain and Pulse Producers and Importers, in...
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The Government of Ukraine has approved the list of agricultural products, the export and import of which in 2025 will be subject to licensing and quotas
26.12.2024
The Cabinet of Ministers of Ukraine , by Resolution No. 1481 of December 24, 2024, extended until 2025 the licensing of exports of certain types of grain and oilseed crops to the Republic of Bulgaria, the Republic of Poland, Romania, the Slovak Republic and Hungary. Appendix 4 of the said resolution contains a list of goods whose export in 2025 will be subject to licensing, namely: wheat and a mixture of wheat and rye (meslin) (UKT FEA code 1001 99 00 00); corn (1005 90 00...
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Favorable weather and completion of corn planting in South America accelerates export sales and increases pressure on world prices
26.12.2024
The abundant rainfall of the rainy season in Brazil is favoring the sowing and development of soybean and corn crops. According to the Conab agency, despite the delay in sowing in September due to the lack of rainfall, the condition of the crops is better than in previous seasons. In the main agricultural states of Mato Grosso, Mato Grosso do Sul, Paraná and Goiás, the vegetation index exceeded the maximum indicators of previous years. Corn is developing in favorable conditions...
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Palm oil prices rise amid dwindling inventories
25.12.2024
Palm oil futures on the Malaysian exchange rose on data showing declining inventories in Indonesia and India and on speculative buying by traders after a sharp drop in prices over the previous two weeks. According to analysts, crude palm oil quotes have crossed the lower support line in the uptrend and the base line of the double top price pattern, signaling a transition to bearish momentum. March palm oil futures on the Bursa exchange in Malaysia rose by 13 ringgit/t...