Along with a rise in wheat shipments, Ukraine continues stepping up exports of wheat bran despite a drop in its output in the country. In 2017, wheat bran production in Ukraine fell by almost 5% to 626.6 KMT.
According to the State Fiscal Service of Ukraine, Ukrainian agricultural companies imported more than 66 KMT of seeds of staple cereal and oil crops in 2017 or 7% more than a year ago, reports UkrAgroConsult
In particular, 12.5 MMT of wheat were exported (including milling wheat - more than 6.8 MMT, feed wheat - more than 5.6 MMT), barley - 3.9 MMT, corn - 8.3 MMT.
The rising of grain prices in the world market affected Ukrainian wheat as well. Ukrainian wheat prices continued growing last week in the export and domestic markets.
Surging U.S. corn exports should gain even more pace, supported by a weakening dollar and dry weather in Argentina and South Africa.
U.S. soybean growers are losing market share in the all-important market because the race to grow higher-yielding crops has robbed their most prized nutrient: protein.
CBOT wheat and corn futures strengthened on January 24. Soybean futures closed the session up supported by fundamental factors.
On Wednesday, January 17th, the EU law makers approved a plan for reforming the energy market in order to reduce energy consumption and prevent climate change.
A sharp temperature fall occurred in Ukraine between January 10-20. As average daily air temperatures fell, winter cereal plants entered true winter dormancy. Crop Farming Institute of Ukraine data.
Rapeseed is now becoming once again a topical subject for the oilseed sector of agriculture. Remarkably, this involves not only forecasts for the next season 2018/19, but also expectations about the results of the current marketing year.
At the end of 2017, the Russian State Statistics Service published preliminary data on grain crops and yields in the country.
Damien Plan, a Team Leader Arable Crops Markets, DG Agriculture, European Commission will make an outlook on further prospects of Ukraine-EU grain and food trade at the XV International Conference “Black Sea Grain-2018” .