UCAB news
05.11.2020
In October world prices for corn and wheat increased by 5.2% and 4% respectively
October 2020 continued the trend of September - wheat prices continued the rapid growth. Corn market is experiencing the similar situation
more29.10.2020
Ukraine became a net importer of dairy products
For 9 months of 2020 Ukraine has exported milk and dairy products to the amount of USD 128.6 million and imported to the amount of USD 218.2 million. In other words, in 2020 Ukraine became a net importer of milk and dairy products.
more05.09.2020
UCAB reduces forecast of gross corn production to 32 million tons
Due to unfavourable weather conditions in July-August in a number of regions of Ukraine, UCAB reduced the forecast of gross harvest of late crops.
more31.07.2020
In 10 years poultry export from Ukraine can reach about USD 1 billion
According to the forecast conducted by the Organization for Economic Co-operation and Development as well as the World Food Programme, the global meat production will increase by 12% within the next 10 years. The increase will mainly take place in developing countries such as Brazil, China, India, Mexico, Pakistan and Turkey.
more20.07.2020
Import of butter has increased 7.7 times since the beginning of the year
In January-June 2020, dairy products were imported to the amount of USD 137 million which is 2.6 times more than over the same period last year. The increase of supplies to Ukraine from abroad took place in all groups of dairy products. Supply of butter grew more than 7.7 times (+6.5 thousand tons) whereas milk and non-condensed cream grew 5 times (+5 thousand tons).
more14.07.2020
Forecasts of the world grain production have been reduced
According to July forecast of the US Department of Agriculture (USDA), expectations of the world grain production in 2020/21 MY decreased by 29.8 million tons to 2,730.3 million tons (including rice). In particular, it is foreseen to yeild 769.3 million tons of wheat and 1,163.2 million tons of corn in the world. Despite decline in the forecast, the world still expects a record grain harvest.
more06.07.2020
Profitability of grain production fell almost threefold in 2019
According to the State Statistics Service, in 2019 profitability of grain production decreased to 11.8%, whereas in previous years it constituted about 30%. This is the lowest index since 2014.
more06.07.2020
From the beginning of 2020 export of nitrogen fertilizers has exceeded import by 63%
According to the State Customs Service, in January-June 2020 export of nitrogen fertilizers (UKTZED code 3102) amounted to USD 142.9 million, while import was USD 87.9 million. Therefore, export exceeded import by 63%.
more23.05.2020
USAID and UCAB will collaborate on Agrokebety Project
On 21 May Michael Pillsbury, Director of the USAID Project ‘Economic Support for Eastern Ukraine’, and Alex Lissitsa, President of the Ukrainian Agribusiness Club (UCAB), signed a memorandum of cooperation.
more06.05.2020
UBTA launches its activities in an online format
UKRAINIAN BUSINESS & TRADE ASSOCIATION transforms its planned activities into an online format too.
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