09.06.2009
Egypt suspends contracts with Egyptian traders
Egypt suspended all contracts with private grains importer Egyptian Traders Co on Sunday and told the firm to re-export a Russian wheat shipment quarantined over quality concerns, state media said
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Metro Cash & Carry to preserve staff and personnel
According to the Sales Director of Metro Cash & Carry Ukraine Maksim Gatsuts, the company would optimize expenditures amid crisis.
more09.06.2009
China cuts May soya import forecast, ups June
China's Commerce Ministry has revised downward its estimate for the country's soyabean imports in May, to 3.96 million tonnes from 4.29 million tonnes. In its twice-monthly report, the ministry also revised up the June import forecast to a record 4.62 million tonnes, it said in a report on its web site.
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Russia's agricultural bank raises credit to grain producers
The Russian Agricultural Bank increased the volume of credit to grain producers by 65% year-on-year as of June 1, the bank's CEO said on Sunday.
more05.06.2009
Kyrgyzstan to impose temporary import duties for wheat flour
On June 8, 2009, Kyrgyzstan pans to impose temporary duties for imports of wheat flour, declared the press-cutting service of the government of the Kyrgyz Republic.
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FAO edges up 2009 cereals crops forecast
The global 2009 cereals crops forecast was raised slightly, but output will be lower than last year's record and prices may rise again driving food costs higher, the United Nations' Food and Agriculture Organisation said on Thursday.
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Ukraine overfulfills sowing plan
Grain crops and leguminous cultures are sown by all categories of economies in Ukraine on 7.587 million ha, 102% of the forecast, UKRINFORM reports with reference to the Agricultural Policy Ministry.
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Philippines and Korea in Deal on Agriculture
The Philippines and Korea have forged a five-year cooperative agreement to promote and develop agricultural, scientific and technical cooperation between the two countries through mutual assistance in the areas of research and development (R&D), technology transfer, education and personnel training.
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Food Debate Hits EU Ethanol Harder than Crisis
The financial crisis that dried up credit everywhere hit the global biofuel industry hard but the fuel-versus-food debate last year did even more damage to the European ethanol sector, the block's largest ethanol association said on Wednesday.
more05.06.2009
Indonesia, Ukraine renew economic agreement
Indonesia and Ukraine have signed a new agreement to promote bilateral cooperation in economy and technology, an official of the foreign ministry said.
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