Ukraine has exported a record amount of grain in 2012

A Lastest News about Imports/Exports in Ukraine

Posted on: 12 Nov 2012

Ukraine has exported a record amount of grain since the beginning of 2012

Since the beginning of 2012/13 MY, Ukraine has exported 9.2 million tons of grain, which is a record for the country. He added that as of that date additional 0.5 million tons of grain is loaded on ships. There is currently about 1.2 million tons of grain in the ports of Ukraine.

The Ukrainian government considers the possibility of grain interventions on the domestic market.

If necessary, the Ukrainian government may resort to grain interventions on the domestic market as an option for reducing the prices for grain and flour. It was stated by the Minister of Agrarian Policy and Food Mykola Prysiazhniuk at the Cabinet of Ministers of Ukraine on 7 November, 2012.

The Ministry of Agrarian Policy and Food of Ukraine has increased the amount of possible export of wheat.

Ukraine will be able to export 5.5 million tons of wheat in 2012/2013 MY without restrictions. This was stated by Mykola Prysiazhniuk on 6 November 2012.

As he pointed out, that amount of grain exports has been agreed with the grain traders recently.

The Parliament of Ukraine profile committee recommends that the Parliament passes a law changing the rules of labeling of products containing GMOs.

The Health Committee of Verkhovna Rada of Ukraine recommends that the Parliament adopts in the first reading and on the whole the Draft No 11299 On Amendments to Some Laws of Ukraine Concerning the Rule that Changes Labeling Food Products Containing Genetically Modified Organisms (GMOs).

The bill, in particular, to:

- prohibit circulating GMOs containing food products or a derivative thereof, to the moment of state registration of GMOs;

- indicate on the label of food information about GMO only if available in excess of 0.9%.

The full implementation of the Draft Law of Ukraine "On Agricultural Receipts" is impossible without adoption a Draft Law on the Guarantee Fund.

For the full implementation of the Law of Ukraine "On Agricultural Receipts" it is recommended to adopt the Draft "On Amending Some Laws of Ukraine concerning the obligations of the Guarantee Fund for warehouse receipts for grain" (registration. No 9611).

Ukraine may have received around 3 billion USD in the first year of implementation of agricultural receipts in Ukraine.

According to the Deputy Chairman of Verkhovna Rada Agrarian Policy and Land Relations Committee Sergei Tereshchuk, Ukraine may have received around 3 billion USD of credit resources in the first year of agricultural receipts implementation.

Ukraine increases export of maize

Grain exports have made 9.2 million tons since the beginning of the current marketing year (July-June) and up to 7 November, 2012 - according to the Minister of Agrarian Policy and Food.

Insurers got interested in land.

The Antimonopoly Committee authorizes Agricultural Insurance Pool creation.

The agricultural insurance pool was created by four of the insurers, which managed to get a license for the insurance of agricultural risks.

Soy has become the new leader of the oilseed market of Ukraine in terms of growth in exports

Over the past five years, exports of oilseeds in Ukraine increased by 2.4 times - from 1.17 million tons in 2007/08 to 2.83 million tons in 2011/12 MY. This growth was provided primarily by the supply increase of soybean and rapeseed in Ukraine amid growing needs of the global market.

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Posted: 12 November 2012

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