Business news from Ukraine

UKRAINE REMAINS GRAIN HARVEST FORECAST AT 60 MLN TONNES

The grain harvest forecast in Ukraine remains at the level of 2017 – 60 million tonnes and more, despite that some regions in the south and east of the country have no rains, Ukraine’s Agricultural Policy and Food Ministry has reported. According to the report, since early April there were cases of drought in Ukraine, although rains in June stabilized the situation and brought most of the regions from the risk zone. “Rains have started and we expect that in general, gross early and late grain crop harvest will be at the level of the last year,” First Deputy Minister Maksym Martyniuk said.
He said that good hibernation of winter crops and moisture stock positively influenced the start of the harvesting campaign, and no plunge in the yield is expected.
As reported, Ukraine as of June 18, 2019 harvested first 10,500 tonnes of winter wheat.

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SWISS RISOIL WILL RAISE GRAIN TRANSSHIPMENT CAPACITY TO 22,000 TONNES PER DAY BY OCTOBER

Risoil S.A. will increase the transshipment capacity of the grain terminal of JV Risoil Terminal LLC in Chornomorsk seaport (Odesa region) from 15,000 tonnes to 22,000 tonnes of grain per day.
According to the company, it began work on assembling the Neuero ship loader. Its productivity is 1,000 tonnes per hour.
This equipment was designed by the order of Risoil in view of environmental standards, as well as the technical characteristics of berth No. 11.
Risoil is also building a marine gallery. All the preparatory works have been finished. It is planned to complete all the stages and commission new facilities in August-September.
Risoil S.A. was established in Geneva (Switzerland) in 2000. Its core business is logistics of oil, bulk and general cargo in the ports of the Black Sea, sale and production of vegetable oils, trade in grain and oilseeds in containers, storage and processing of agro-industrial products.
Risoil Terminal in Chornomorsk seaport was commissioned in 2016.

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NIKA-TERA MARINE PORT ACCEPTS FIRST BATCH OF NEW HARVEST GRAIN

Nika-Tera marine specialized terminal (Mykolaiv), part of Group DF belonging to Dmytro Firtash, has accepted the first batch of grain of the 2018 harvest.
According to a company report on its Facebook page, the first truck with grain from the south of Kherson region with barley of the 2018 harvest was accepted on June 8.
Transshipment of goods at the port as of June 10 amounted to 2 million tonnes.
“The turnover of grains accounts for 61.3% in the structure of cargo turnover at the port. Bulk cargo accounts for 37.19%, and liquid freight for 1.51%,” the report says.
As reported, Nika-Tera in 2017 handled 229 vessels, transshipping 4.17 million tonnes of cargo, which is almost 4% more than in 2016.
Nika-Tera is a modern highly-mechanized marine terminal that is part of the Group DF port business.

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UKRAINE EXPORTS 36.55 MLN TONNES OF GRAIN

Exports of grain from Ukraine since the beginning of the 2017/2018 agricultural year (July-June) and as of May 30 amounted to 36.552 million tonnes, which is 4.2 million tonnes less than on the same date a year earlier, the Ministry of Agrarian Policy and Food has said.
According to the report, in particular, wheat exports amounted to 16.18 million tonnes (485,000 tonnes less from the previous agri-year, exports of maize to 15.98 million tonnes (2.59 million tonnes less), barley to 4.19 million tonnes (1,070 tonnes less).
Rye exports totaled 35,000 tonnes (29,600 tonnes more) and exports of flour amounted to 392,800 tonnes (54,800 tonnes more).
As reported with reference to the ministry, Ukraine in the 2016/2017 agri-year exported 44.441 million tonnes of grain.

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STATE FOOD-GRAIN CORPORATION BOOSTS GRAIN, OILSEEDS EXPORTS BY ALMOST 30% IN JAN-APRIL

Public joint-stock company State Food-Grain Corporation in January-April 2018 increased exports of grain and oilseeds by almost 30% year-over-year, to 794,000 tonnes.
According to a report on the corporation’s website, State Food-Grain Corporation stepped up trade with its strategic partner – China Complete Engineering Corporation (CCEC) and shipped almost 484,000 tonnes of corn under the bilateral grain project. Exports grew almost 3.2-fold year-over-year.
The corporation entered new markets of Indonesia, Yemen and Mozambique.
The government in August 2010 decided to create the State Food and Grain Corporation of Ukraine. The corporation has a chain of branches, comprised of grain storage facilities, flourmills, fodder factories and a cereals factory. The 53 subdivisions of the corporation can store a total of 3.75 million tonnes of grain, which includes the grain handling capacities of Odesa and Mykolaiv ports of some 2.5 million tonnes of grain cargo per year.

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UKRAINE EXPORTS 36 MLN TONNES OF GRAIN BY MAY 23

Exports of grain from Ukraine since the beginning of the 2017/2018 marketing year (MY, July-June) and as of May 23 amounted to 35.999 million tonnes, which is 3.68 million tonnes less than on the same date a year earlier, the Ministry of Agrarian Policy and Food has said.
According to the report, in particular, wheat exports amounted to 15.95 million tonnes (501,000 tonnes less from the previous MY, exports of maize to 15.66 million tonnes (2.18 million tonnes less), barley to 4.19 million tonnes (962,000 tonnes less), and rye to 35,000 tonnes (29,600 tonnes more).
Export of flour amounted to 393,500 tonnes (64,300 tonnes more).
As reported with reference to the ministry, Ukraine in the 2016/2017 MY exported 43.9 million tonnes of grain.
According to the ministry’s forecasts, grain exports from Ukraine in the 2017/2018 MY will amount to 41 million tonnes.

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