Market News
Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
The EU’s weekly wheat exports amounted to 242,740 tonnes in the week to Sunday February 23, according to initial data from the European Commission.
Saudi Agricultural and Livestock Investment Company (SALIC) has agreed to increase its ownership in Singapore-headquartered Olam Agri from 35.43% to 80.01% through a $1.78 billion acquisition, according to press releases from the respective companies on Monday February 24.
Investment in the Danube region and other shipping routes meant that Ukraine would probably be able to continue exporting as much as 25 million tonnes per year of agricultural products, Anton Zhemerdieiev, chief commercial officer of Kyiv-based TAS Agro, said during the Intercontinental Commodity Exchange (ICE) conference in Dubai, February 19-20.
Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.
The Russian government cut grain export tariffs further for February 27-March 5 amid a stronger ruble, which increased against the dollar to its highest level since September, data from the agriculture ministry website showed on Friday February 21.
Ukraine exported 1.21 million tonnes of grains in the week ending Thursday February 20, marking a 116% increase of 648,000 tonnes compared with the previous week, according to data released by the country’s State Customs Service on Friday.
Corporate News
Agricultural commodities giant Bunge Ltd reported its third-quarter financial results on Wednesday October 30, reflecting lower earnings year over year in the context of a tight global margin environment.
Russian president Vladimir Putin has signed a document that confirms his government has officially seized the assets of Russia-based company Agroterra, wresting control from the company's owner, US-headquartered investment company NCH Capital.
European seeds producer KWS reported upbeat results for the nine months of the fiscal year...
A third multinational agriculture business, Louis Dreyfus Company, said Monday it would stop grain export operations from Russia at the start of the new...
Trade sources have expressed mixed views over the news that two major international players would be withdrawing from...
European seeds producer KWS reported upbeat results for the first half of fiscal year 2022-2023, with growth in sales and earnings.
Vitol, one of the world’s biggest independent oil trading houses, is set to return to trading agricultural markets after a six-year...
US-headquartered agricultural commodities trader Bunge is to buy a 49% stake in French grain exporter BZ Group as part of a...
Policy News
Russian government sets tariff-free quotas for agricultural products from Ukrainian occupied regions
Russia has introduced duty-free quotas for exports of grain, vegoil and meal from the Ukrainian occupied territories - or so called “new territories” - including the Donetsk, Luhansk, Zaporizhzhia and Kherson regions, according to an official note on the government’s telegram channel.
The Ukrainian government has released the minimum export prices for a list of agricultural goods in an official document from the country’s Ministry of Agrarian Policy and Food seen by Fastmarkets on Monday November 11.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
Russia has raised its wheat export duty for September 18-24, after cutting it last week, and reduced its corn export duty, the country's agriculture ministry said in an official update on Friday September 13.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
The Ukrainian government has adopted a minimum export price policy resolution, but the policy may only come into force a few months later, Taras Vysotsky, Ukraine’s acting agrarian policy and food minister said during a weekly Trend and Hedge club meeting late on Wednesday August 21.
The Russian government has changed its tax calculation formula on wheat exports, bringing it down significantly for the July 3-9 period, the country's Ministry of Agriculture said on Friday June 28.
The Russian government has increased the wheat export tax, leaving the corn and barley tariff at zero for June 12-18 period, the country's Ministry of Agriculture reported on its website on Friday June 7.