Month: May 2020

To date, demand between sunflower and soybean oils has reached a record for the last 5 years – $ 136 / t, and between sunflower and palm – $ 192 / t.

 

 

It is reported by UkrAgroConsult.

 

 

The company notes that the demand for sunflower oil remains at a consistently high level, as evidenced by data on oil shipments from Ukrainian ports.

 

 

So, as of May 10, they exceed last year by 45%, which leads to a decrease in oil reserves in ports. April export of sunflower oil showed a historically record result, reaching 717 thousand tons.

 

 

UkrAgroConsult notes that expectations of a good sunflower crop not only in Ukraine but also in other countries of the Black Sea region formed prices for sunflower oil from new crop sunflower with delivery in October-December 25 dollars below the current level.

The Qatari company QTerminals, which won a concession tender in the port of Olbia, equipped the Mykolayiv City Hospital with 3 innovative beds. In this way, the international port operator wants to help local doctors in the fight against the pandemic.

 

 

“Today’s epidemic is our test of humanity and mutual assistance. We understand how important support of Nikolaev and its inhabitants is. After all, victory over the disease depends on the provision of hospitals and doctors. That’s why we need to pass this strength test together, ”commented Neville Bissett, CEO of QTerminals.

 

 

For the needs of the patients of the new intensive care unit, Cuterminals Olvia, a company founded by QTerminals, purchased 50 four-section beds and 50 mattresses. The latter are equipped with anti-decubitus systems. The furniture is designed for the care and rehabilitation of critically ill patients, in particular those connected to ventilators.

 

 

“We are grateful to the Qatari operator QTerminals for its socially responsible position. In the near future we plan to conclude a concession agreement for the port of Olbia, but it is not just about business, but about the fact that the company is already helping here and now. People and their health are the main values ​​of both our Government and QTerminals, ”said Vladyslav Krykliy, Minister of Infrastructure of Ukraine.

 

 

The local infectious disease hospital became the basic hospital for hospitalization of patients with coronavirus. However, understanding the rate of spread of the disease, the city authorities have prepared two more facilities for the reception and treatment of patients with COVID-19. These are city hospitals №1 and №3. The latter was in particular need of modernization, as it could become another supporting medical institution in addition to the infectious diseases hospital in the city. Therefore, QTerminals undertook to equip the department with innovative beds for patients.

 

 

Qatari port operator QTerminals has won the tender for the Olbia port concession. The company has pledged to invest UAH 3.4 billion in the development of the port. The planned size of investments makes the agreement one of the largest foreign direct investments in the port industry of Ukraine in the history of independence. Besides, QTerminals will invest 80 million UAH in infrastructure development of Nikolaev.

In 2019, Ukraine showed a significant increase in honey exports – by almost 13%, exporting it more than 55 thousand tons. According to the results, Ukraine entered the top five largest countries exporting honey. The task for the coming years is to enter the top three.

 

 

This opinion was expressed by the President of the Ukrainian CCI Gennady Chizhikov during the Honey Marathon 2020: “Added value in the honey business and the crisis, as a time of opportunity.”

 

 

“Since 2011, the export of Ukrainian honey has grown by almost 8 times. In 2012, Ukrainian honey was exported to 11 countries, and now to more than 40 countries. Our honey industry has a very optimistic trend. But we need to think together what needs to be done, and what kind of support from the state and business associations should be so that there is even more Ukrainian honey on foreign markets, ”said Gennady Chizhikov.

 

According to him, it is also worth changing the approach to honey in the domestic market: starting to perceive it not only as a product for health, but for a daily diet.

 

 

“During the coronavirus pandemic, it is the beekeepers who demonstrate the entrepreneurial spirit – how to develop and continue to do business. We must together develop this honey brand of Ukraine, help and support manufacturers, so that in all countries of the world they understand – if it is about honey, then primarily about Ukrainian, ”said Gennady Chizhikov.

The Cabinet of Ministers of Ukraine is preparing a resolution restricting the export of live cattle abroad.

 

 

This was reported by AgroPolit.com.

“Today, at an extraordinary meeting of the Cabinet of Ministers, a government resolution on restricting the export of live cattle abroad will be considered. The purpose of the resolution is to support the internal development of the livestock industry, “the statement reads.

According to the results of analyzes and forecasting of the IFCN analytical platform, two scenarios of the current crisis in the global dairy industry are possible, based on the general form of the average price chart for stock dairy products: V-shaped and U-shaped scenarios. The crisis of 2009 was taken as the zero point.

 

 

This was reported by IFCN analysts during an international webinar for the rapid exchange of information on the state of the global dairy market, reports APM.

 

 

The V-shaped scenario assumes that the supply of raw milk will quickly respond to a decrease in demand, while the reduction in demand will be comparable to the period of 2009.

 

 

The U-shaped scenario – by the way, more likely – assumes that the milk supply will be strengthened (+ 1-1.5%) and similar to the current one, but demand growth will be higher than in 2009. In support of the realism of the second scenario, experts cite updated data on the situation with milk production in the world, which from January to April grew by 2.3% compared to last year.

 

 

According to updated information, IFCN leaves its forecasts for world milk prices at the end of this year at 32 $ / 100 kg.

 

 

In the 2-4 quarter, the average milk price in the EU is expected to be $ 28.9 / 100 kg, in the US – $ 28.0 / 100 kg, in New Zealand – $ 33.3 / 100 kg.

 

 

According to the results of an express survey of webinar participants regarding a fall in the price of raw milk in April compared with February, it was found that in most countries, in particular EU members, the decline did not exceed 5%. The same situation is in Ukraine. Although the United States, Brazil and India have reported price reductions of more than 15%.

 

 

The results of an online survey among the countries participating in the webinar regarding the difference in the price of raw milk in April versus February 2020.
Results of an online survey among countries participating in the webinar regarding the difference in the price of raw milk in April versus February 2020
According to the results of the first quarter, China increased its imports of dairy products by 3.4% in terms of the dairy equivalent compared to last year. Most of all, imports of oil -> 100% and cheese -> 25% increased, which blocked the decline in imports of COM by 16%. Of course, this is a positive signal for the markets.

 

 

However, on the other hand, Russia, reducing consumption against the background of increasing milk production, is changing its balance and is approaching self-sufficiency in dairy products. This is already affecting its imports and will have consequences in the future.

 

 

“Summarizing these data through the Ukrainian prism, it is obvious that, first of all, we should be concerned about the release of the Russian share of Belarusian exports, which may come to Ukraine. Moreover, all the conditions for this have already been formed, and Belarus in the first quarter has already significantly increased the presence of its products on the Ukrainian market, ”summarizes the analyst of the Association of Milk Producers Vladimir Andriyets.

In order to continue to occupy a leading position in the global ranking of exporters of selected agri-food products and to stabilize its own exports, Ukraine in 2020 should establish supplies to the Asian and European markets as soon as possible.

 

This opinion was expressed by a senior researcher at the Department of Economics of Agricultural Production and International Integration of the NSC “Institute of Agricultural Economics”, Ph.D. Bogdan Dukhnitsky.

 

 

“According to the latest data from the State Statistics Service of Ukraine and the International Trade Center (ITC), Ukraine has traditionally retained first place in terms of export of sunflower oil. Since 2006, when our state first headed the rating of exporters of this type of product, selling 1629 thousand tons of oil to the world markets, export volumes grew by 3.7 times. Last year, foreign supplies of domestic sunflower oil amounted to 6107 thousand tons, ”says Bogdan Dukhnitsky.

 

 

According to him, Ukraine became the second among the exporting countries of barley, rapeseed, fresh peas, millet, oilcake and meal, strengthening its position in most of these products.

 

 

“If in 2018 with the supply volumes of 4471 thousand tons, Ukraine took the third place (after Indonesia and Canada) among exporters of oilcake and meal (mainly from sunflower), then last year it increased the supply by almost 11% to 4957 thousand. t, securing a second position in the ranking and losing only to Indonesia. Having increased barley exports to 4143 thousand tons (+ 15%), Ukraine moved from fourth to second place, overtaking Australia and Russia. France leads with 7171 thousand tons, ”says Bogdan Duhnitsky.

 

 

The expert notes that Ukraine ranked third in the ratings of suppliers of shelled walnuts (41 thousand tons; + 32%), dried peas (461 thousand tons; -26%) and apple juice concentrate. At the same time, export volumes of apple juice concentrate increased last year by almost 1.6 times – up to 102 thousand tons, allowing our country to move from fifth place to third.

 

 

Ukraine also holds the fourth place in the corn market since 2016. Last year, domestic agricultural producers exported 32346 thousand tons of this crop, 1.5 times higher than in 2018.

 

 

“In the framework of the top 10, Ukraine occupies a place on the world market of many other products, namely: dried egg whites, coriander, soy, corn starch, soybean oil, poultry meat, canola-rich rapeseed oil, canned tomatoes, corn oil, ”says Bogdan Dukhnitsky.

 

 

According to him, a characteristic feature of 2019 was the preservation or even strengthening of positions in most types of domestic exports of agricultural food products. The expert notes that Ukraine began 2020 better than the previous one, actively increasing agricultural exports. However, he believes that the introduction in March of quarantine measures related to the coronavirus COVID-19 could seriously inhibit import-export operations, including agricultural and food ones.

 

 

“Now in the world market, the most critical issue is the restoration of the stable functioning of the developed logistics chains. Therefore, competition for sales markets, which had previously been strong, will only intensify this year, ”predicts Bohdan Dukhnitsky.

 

 

Source: AgroPortal

This was stated by Minister of Foreign Affairs of Ukraine Dmitry Kuleba during a conversation with the Deputy Prime Minister, Minister of Foreign Affairs of the State of Qatar, Sheikh Muhammad bin Abdulrahman bin Jassim Al Thani, the press service of the Ukrainian Foreign Ministry said.

 

 

As noted, the interlocutors agreed that Qatar will consider a number of investment projects that can be implemented in Ukraine. We are talking primarily about investments in Ukrainian infrastructure: bridges, roads, railways, airports, etc.

 

 

Kuleba assured of readiness for cooperation in the fields of investment, trade, economy, energy and food security.

 

 

It is noted that the foreign ministers discussed the export of Ukrainian agricultural products to Qatar.

 

 

“Ukraine is ready to be a strategic partner of Qatar in its region. In particular, despite its transit potential and the role of the guarantor of world food security. We are ready to work together so that our countries benefit from this cooperation, ”Kuleba emphasized.

The costs of agricultural production in Ukraine in January-March decreased by 7.3% compared with the first quarter of 2019. This is evidenced by the State Statistics Service.

 

 

So, the total costs of crop production decreased by 8.3%, livestock – by 6.6%.

 

 

At the same time, in March, the cost of agricultural production increased by 0.6% compared with February. In crop production – by 0.1%, in livestock – by 2%.

 

 

According to the data, the price index for the material and technical resources of industrial production used in agriculture has decreased by 9.8% since the beginning of the year compared to the same period last year, and by 1.3% in March compared with February.

In recent years, Turkey has been increasing imports of corn to ensure the active development of the poultry industry and the export of poultry meat. Turkey relies almost entirely on the Black Sea region for the supply of feed raw materials, according to the Telegram channel of Refinitiv Agriculture.

 

 

As noted, for the period September 2019 – March 2020, Turkey imported almost 3 million tons of corn, which is 87% more than the same period last year, and 146% more than the average for the previous 4 years.

 

 

Trade flow models show that during the first 7 months of the current marketing year, the countries of the Black Sea region (Ukraine and Russia) plus Romania in total delivered 90% more corn to Turkey than during the same period last year, and 2 times more than the average for the previous four years. Thus, during the first seven months of the 2019/2020 marketing year, Ukraine (with a share of 50%), Romania (22%) and Russia (17%) dominated the supply of corn to Turkey with a combined market share of almost 90%. Similarly, these countries have maintained an aggregate market share of at least 90% in the Turkish corn import market over the past four years.

 

 

Turkey is a fairly important market for the sale of corn from Ukraine, Russia and Romania. For example, in the 2018/19 season, Turkey was the fifth largest importer of Ukrainian corn with a share of about 8% in total exports. In the same season, Turkey became the largest importer of Romanian corn with a share of 33%. Romanian corn exports during the 2019/20 season seem to follow the same trend: a third of Romanian corn exports from the country during the current season went to Turkey.

 

 

“Despite the fact that over the past decade, corn production in Turkey has grown by 43%, it cannot fully satisfy the demand from livestock. For example, in 2018/19, Turkey’s own corn crop was able to provide only 65% ​​of domestic consumption. The animal feed industry accounts for about 80% of Turkey’s total corn consumption. Corn is the main ingredient with a share of more than 50% in the production of feed for poultry, ”analysts say.