The Ministry of Agrarian Policy and Food has announced the completion of the sowing campaign, with the forecast for spring grains and pulses exceeded by 4% to 5.672 million hectares.
According to the Ministry’s website, this is 8.5% less than last year and 25.1% less than in pre-war 2021.
Sunflower and soybean plantings amounted to 5.307 mln ha and 1.779 mln ha, respectively, down 5.9% and 3.3% from the March forecast. At the same time, they exceeded last year’s figures, in particular, by 12.9% for sunflower and 46.8% for soybeans.
It is specified that in 2023, the agrarians exceeded the forecasted plantings of peas and corn by 16% and 12%, respectively, having allocated 139.3 thou hectares and 4.043 mln ha for them. The amount of peas planted was 6.3% higher compared to last year, while corn was 12.8% lower.
This year’s buckwheat planting plan was exceeded by 5% to 120.7 thou hectares, and the growth was 60.3% compared to the previous year.
The area under oats is also 2% higher than expected – 150.1 thou hectares, but 5.8% lower than last year.
Farmers slightly missed the forecasts for spring wheat, for which 280 thou hectares were allocated (98% of the plan). However, the area under it is 46.5% higher than in 2022 and 59.1% higher than in pre-war 2021, as winter wheat was sown much less.
The forecast for the current year for spring barley sowing was also not fulfilled, with farmers planting 821.9 thou hectares (79% of the plan), which is 13.6% lower than last year. The situation is the same with millet, under which 51.1 thou hectares were planted, which was 85% of the plan, but it is 3.2% higher than last year.
As reported, this season winter wheat plantings amounted to 4166 thou hectares (-834 thou hectares compared to the previous season), winter barley – 536 thou hectares (-255 thou hectares), and rapeseed – 1374 thou hectares (+110 thou hectares).
At the end of March, the Ministry of Agrarian Policy predicted that in 2023 the planted areas of grains and pulses will amount to 10.24 mln ha, down 1.4 mln ha from 2022, while the area under oilseeds will increase by 0.92 mln ha to 8.85 mln ha.
Home prices in Germany fell 6.8% in the first quarter compared with the same period last year, according to the country’s Federal Statistical Office (Destatis).
The rate of decline was the fastest since the data began tracking in 2000.
Home values fell 3.1 percent in January and March compared to the previous three months.
The most likely reasons for the decline in demand from potential home buyers are higher mortgage rates and sustained high inflation. This, in turn, causes a decline in home prices, noted in the report.
In the seven largest cities in the country (Berlin, Hamburg, Munich, Cologne, Frankfurt-am-Main, Stuttgart and Dusseldorf) in the first quarter, the cost of single or two-family homes fell by 10.4% year on year, while apartments fell in price by 6.4%.
The Cabinet of Ministers of Ukraine has allocated 200.6 million UAH for the reconstruction of the Borodyansk social and psychological rehabilitation center.
According to the representative of the Cabinet of Ministers in the Verkhovna Rada Taras Melnychuk in Telegram, the relevant decision was made at the government meeting.
In particular, the Ministry of Veteran Affairs allocated 200 million 633.87 thousand UAH from the fund to eliminate the effects of the armed aggression on the budget program “Measures for psychological assistance, social and professional adaptation, provision of sanatorium treatment and development of sports of war veterans, those who have rendered special services to the homeland, the family members of such persons, victims of the Revolution of Dignity, family members of the deceased (deceased) war veterans, family members of deceased Defenders and Defenders of Ukraine and production for them forms of certificates
As reported, in May the Cabinet of Ministers reallocated UAH 100 million to provide funding for the reconstruction of the Borodyansk center of social and psychological rehabilitation.
June 23 state mortgage institutions announced a tender for property insurance (2282 units), according to the system of electronic procurement Prozorro.
The expected cost of purchasing services is UAH 1.3 mln.
Tender security is 390 thousand UAH.
Tender offers will be accepted until July 3.
As previously reported, the winner of a similar tender a year earlier was IC “Universalna”. The price offer of which was 1 million UAH with an expected cost of 1.842 million UAH. IC “INGO” participated in the tender with a price offer of UAH 1,473 mln and UASKA “ASKA” with UAH 1,842 mln.
Ukrainian Danube Shipping Company (UDP) has announced tenders for the transportation of agricultural products by barge from Ukrainian ports on the Danube River to the Romanian port of Constanta, Acting Director General of UDP Dmitry Moskalenko said in Facebook.
“A rush of demand for the transportation of agricultural products from Ukrainian Danube ports to Constanta is coming back. After all, this is the most stable logistical direction,” he wrote.
According to the UPD head, some private shipowners have begun to raise the rates of river freight. Therefore, the department, given the high number of applications from customers, put the transportation services at a tender.
The first tender is planned for June 29. Applications for participation will be accepted till June 28. The starting price is 1 million 497 thousand 690 UAH.
“UDP has always been a supporter of predictable, but market and transparent mechanism for forming tariffs,” – summarized Moskalenko.
The National Bank announces a comprehensive review and updating of approaches to the application of fines to banks for key violations of anti-money laundering (AML/CFT) and currency legislation, a comparison of documents indicates an increase in individual fines from 2 to 8 times.
“(This) will help prevent banks from committing violations of legal requirements, increasing responsibility for their failure/inadequate implementation, as well as the effectiveness of the impact measure, its deterrent nature in order to change the approach to the proper organization of the bank, the functioning of an appropriate risk management system,” the NBU said in a press release on Friday.
It is specified that the amendments were introduced by the NBU №80 of June 21, which comes into force on June 24, 2023.
In particular, for the violation of financial monitoring the scale with the ceiling of fines now starts from UAH 1 million, while previously it was UAH 0.4 million, and after the step of UAH 10 million the new value of UAH 50 million with a saved ceiling of UAH 135.15 million, with the specification that this ceiling applies even if there are several violations.
The NBU specified that fines of up to UAH 50 mln may be imposed for violations of legislative requirements in the field of CDD / CFT risk management or for improper checks on customers, while banks may receive fines of up to UAH 1 mln for failure to comply with internal documents on CDD / CFT legislative requirements in this area.
Inappropriate application of the risk-oriented approach to PEP clients, in particular, setting them an unreasonable risk level, taking disproportionate measures in accordance with the risk category, will be subject to a fine of up to UAH 10 million.
Also, the limits of fines for key violations in the field of currency legislation were revised and increased. In particular, significant violations (from UAH 1 million per transaction or from UAH 10 million in total) in the order of settlement of currency transactions, foreign exchange trading, transfer of currency valuables, cross-border movement, failure to perform / improper performance by the bank of currency supervision, violations of security measures are now punishable by a fine of up to UAH 1 million, whereas previously there were UAH 0.4 million.
Small amounts of violations may now be fined up to UAH 400 thousand instead of the previous UAH 50 thousand.
Other significant violations of currency legislation by the bank, including preventing or hindering to check the employees of the National Bank, failure of the bank to carry out the analysis, check documents on currency operations – up to 1% of the registered authorized capital of the bank, whereas before there was a limit of 8 million UAH.
