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News

EU milling wheat production shrinks by 15m tonnes

03.10.2010 20:34:42

The amount of Europe's wheat crop fit for milling has fallen by some 15 tonnes this year thanks to the rains which delayed harvesting, notably in Germany, Strategie Grains has said.
The influential analysis group cut its production hopes for European Union soft wheat by 1.0m tonnes to 127.2m tonnes, the third successive monthly reduction.

Majilis approved a bill on state regulation of production and turnover of bio-fuels

30.09.2010 15:05:46

Majilis of the Republic of Kazakhstan at the plenary session endorsed the proposals of the conciliation commission to overcome the differences between the chambers of Parliament on the draft law "On state regulation of production and turnover of bio-fuels" and "On introducing amendments and addenda to some legislative acts Republic of Kazakhstan on state regulation of production and turnover of bio-fuels."

Ukraine Harvests 34 mln mt of Grain

30.09.2010 15:04:46

September 28, 2010. As of yesterday, Ukraine harvested 34 mln mt of grain (-12% y-o-y), 4.8 mln mt of corn (up 4.4x y-o-y), 4.0 mln mt (+37% y-o-y) of sunflower seeds and 4.1 mln mt of sugar beets (up 2.7x y-o-y).

Feed grain market: World market

30.09.2010 15:03:38

Last week the corn futures grew by USD 1.26 up to USD 196.54/MT mainly due to technical factors. Weather, field works Forecast distribution of grain areas for the 2011 harvest. This fall, planted winter grain area for the 2011 harvest will be somewhat smaller than last year. In particular, plantings of winter barley and wheat will shrink to some degree. Partially, the acreage decrease will be caused by the negative experience of last year, which was featured by substantial loss of winter crops in the East.

AF-Group launches grain complex in Krasnodar region

30.09.2010 15:02:42

Grain company AF-Group has put into commission a $20m grain processing complex in Krasnodar region, the company reports. The project has reportedly been 30% financed with a loan from Rosselkhozbank. The complex is located in the region's Krasnoarmeysky district. The complex's projected annual storage capacity is 90,000 tons of grains, and annual production is to reach 50,000 tons of rice.

Tajik president commissions grain processing plant in south

30.09.2010 15:01:03

As part of his visit to the southern Tajik region of Khatlon, Tajik President Emomali Rahmon has commissioned a grain processing plant capable of producing 80 t of flour per day, the Asia-Plus news agency reported on 25 August. "The head of state has also opened a new enterprise for processing grain, which produces 80 t of flour a day, in Sarband [a town in Khatlon Region]" the report said.

Russia wants to export biofuels and game to EU

06.09.2010 20:18:37

Russia is ready to supply oilseeds and biofuel, including ethanol, as well as game and aquaculture products to the European Union, Deputy Agriculture Minister Alexander Petrikov said on Monday.he European market is attractive for Russia due to its proximity and high prices. "Russia could become a supplier of oilseeds, oil, biodiesel and ethanol as alternative fuel, cattle and goat meat, game and aquaculture products to the European union in the future," Petrikov told an agricultural forum.

Official says Russian ban on grain exports won't affect EU market

17.08.2010 09:10:02

Russia's recently introduced ban on grain exports is expected to have almost no impact on the E.U. grain market, ITAR-TASS reported Tuesday citing European Commission official representative Frederic Vincent.

CBOT Updates: wheat closes sharply down

17.08.2010 09:09:03

U.S. wheat futures closed sharply lower Monday on expectations that parched areas of Russia will receive rain ahead of planting. Meteorologists forecast northern Russia a major producer will see widespread rain late this week after light showers fell during the weekend.

Ministry of Industry and Trade approves investment projects aimed at Pikalevo development

17.08.2010 09:05:58

The production of biodegradable polymer will be organized in Pikalevo. Investments in the project are estimated at EUR280mln, payback period - seven years, design capacity - 107,000 tonnes per year.
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