The U.S. Department of Agriculture (USDA) in its June report has improved the projections for the export of Ukrainian sunflower oil in 2021/22 marketing year (September-August) by 1.02 million tonnes (a rise of 18.9% compared to 2020/21), to 6.4 million tonnes, its production – by 1.05 million tonnes (a rise of 17.7%), to 6.98 million tonnes.
According to a report published on the USDA website, the projection for sunflowerseed production in Ukraine in the current marketing year has been improved by 2.6 million tonnes (a rise of 18.5%), to 16.7 million tonnes.
In its June report, the USDA improved its forecast for Ukraine’s exports of sunflowerseed meal in 2021/22 by 0.7 million tonnes (a rise of 15.2% versus 2020/21), to 5.3 million tonnes, its production – by 1.01 million tonnes (a rise of 17.7%), to 6.71 million tonnes.
According to the USDA, Ukraine in 2021/22 will remain the main world exporter of sun sunflowerseed flower oil, while world production of sunflowerseed oil will grow by 10.2%, to 21.15 million tonnes.
The Ministry of Economic Development, Trade and Agriculture of Ukraine has established rules for labeling meat, olive oil and honey in accordance with EU legislation, regulating the procedure for entering data on the country and place of origin on the packaging of products, the department said on the website on Monday.
According to resolution No. 679 dated April 1, 2021 promulgated by the department, the marking is established for fresh, chilled and frozen poultry meat, cattle, pork, lamb and goat meat, by-products of cattle and poultry, honey, virgin olive oil and extra virgin olive oil.
The document prescribes the indication on the packaging of meat and its products of the following information: country (countries) of origin, fattening, slaughter of animals; a number or code for reference providing a link between the meat and the animal (group of animals) from which the meat was obtained; registration number and country of location of the abattoir; registration number and country of the meat stripping and deboning capacity.
Labeling refers to products manufactured in Ukraine or imported (sent) into the customs territory of Ukraine, at all stages of their sale. The document does not apply to products intended for personal consumption.
The resolution comes into force from the day of its official publication and is put into effect three years from the date of its entry into force.
The document specifies that products made before the entry into force of this resolution, but do not meet its requirements, may be in circulation until the end date of consumption or expiration date.
“The resolution was drafted on the basis of the requirements of the EU acts and is another step towards our European integration, as well as the creation of a common food market with the European Union. As a result of the adoption of the resolution, consumers will receive more detailed information about the country or place of origin of food products. This will also allow to reduce opportunities for counterfeiting and falsification of food products,” Deputy Economy Minister Serhiy Hluschenko said.
The U.S. Department of Agriculture (USDA) in May improved the forecast for the export of Ukrainian sunflowerseed oil in 2021/2022 (September-August) by 18.9% compared to 2020/21, to 6.4 million tonnes, with an increase in its production by 17.7%, to 6.99 million tonnes. According to the monthly report of the department, in 2021/2022, an increase in sunflowerseed production in Ukraine is expected by 18.4% compared to 2020/2021, to 16.7 million tonnes, sunflowerseed meal exports are expected to grow by 16.4%, to 5.3 million tonnes.
The USDA said that the growth in exports of sunflower oil and meal compared to the low level of the last marketing season will be due to the recovery of oil extraction volumes in Ukraine.
The U.S. Department of Agriculture also said that Ukraine rapeseed production is forecast to recover from last season’s low level, rising 200,000 tonnes to 3.0 million. Exports are projected to rise 190,000 tonnes to 2.6 million. Exports of rapeseed meal at 175,000 tonnes and oil at 165,000 tonnes are forecast to rise.
Head of Kirovohrad Regional State Administration Andriy Nazarenko and the director of Posco International Corporation on March 19 signed a memorandum of understanding, providing for mutually beneficial cooperation in the agricultural sector and expansion of investments in Kirovohrad region, the press service of Kirovohrad Regional State Administration reported. “For five and a half years I worked in Seoul, at the Ukrainian Embassy in the Republic of Korea, so I know this country well, I know its traditions, and this is a very powerful company. And the most important thing is that Posco knows about Ukraine. In 2019, the company made a powerful investment having built a terminal in Mykolaiv region. The company wants to develop it. Posco is interested in ground elevators. I really hope that the company will build one in Kirovohrad region,” the press service said citing Nazarenko.
The representative of the Korean company emphasized his interest in investments, business development in Ukraine and cooperation with Kirovohrad Regional State Administration.
“We look forward to further cooperation,” he said.
Posco International is one of the largest South Korean trading companies.
The main areas of activity are trade in agricultural products, goods of metallurgical and chemical industries, as well as the implementation of investment projects in the energy sector.
The U.S. Department of Agriculture (USDA) in January improved the forecast for grain exports from Ukraine in the 2020/2021 agricultural year (July-June) by 0.2 million tonnes compared to the December forecast, to 45.81 million tonnes with a yield of 64.21 million tonnes due to a reduction in consumption estimates.
According to the ministry’s monthly report, this concerns crops such as barley, oats, rye, millet and sorghum, while the forecast for wheat and corn is kept unchanged.
In particular, the U.S. Department of Agriculture expects the export of 24 million tonnes of corn with a harvest of 29.5 million tonnes and exports of 17.5 million tonnes of wheat with a harvest of 25.5 million tonnes, respectively.
According to the U.S. Department of Agriculture, in the previous agricultural year Ukraine exported 16.02 million tonnes of wheat with a harvest of 25.06 million tonnes, 30.32 million tonnes of corn with a harvest of 35.81 million tonnes, and in general, grain exports amounted to 50.09 million tonnes with a harvest of 69.56 million tonnes.
The Ministry of Economic Development, Trade and Agriculture of Ukraine has signed a memorandum of cooperation in the field of agriculture with the Ministry of Agriculture, Fisheries and Food of Spain.
According to Deputy Minister of Economic Development, Trade and Agriculture of Ukraine Taras Kachka, it took three years for Ukraine to sign this memorandum, the document is the basis for a structural agrarian dialogue.
“If we want from Brussels a qualitatively different access to agricultural products, we need a common vision of agricultural development with each EU member state. This is the main goal of our structural dialogue on agriculture with Spain,” Kachka said.
He indicated that Ukraine intends to maintain an agrarian dialogue with all other member states.
“Now we have 17 memorandums of cooperation with the EU member states. Most of these dialogues are alive,” the deputy minister noted.
Kachka said that the signed memorandum is a typical document on cooperation, but extremely important for Ukraine.
According to him, Ukraine is the largest supplier of agricultural products for Spain. In the structure of $ 840 million of exports to Spain since the beginning of the year, two-thirds is corn and oil. Ukraine is also a key supplier for Spanish livestock production.
