GFM Network News

Drought to shrivel Ukrainian wheat harvest in 2016

Kiev — Severe drought across half of Ukraine has hit winter sowing and could sharply reduce the country’s 2016 wheat harvest, a senior state weather forecaster said on Monday. The drought, in which the central Dnipropetrovsk region suffered its driest autumn in 50 years, could lead to a 20 per cent year-on-year fall in the wheat […] Read more

Russia, Ukraine may cut grain crop forecasts as temperatures rise

Moscow/Kiev | Reuters — Major Black Sea wheat exporters Russia and Ukraine may cut their official 2015 grain crop forecasts as recent hot weather has raised the risks to plants and rains elsewhere have delayed the harvest and dented quality, farmers and officials said. Russia and Ukraine’s agriculture ministries have said if hot weather persists […] Read more

Ukraine says no grain export curbs planned

Kiev | Reuters — Ukraine has no plans to restrict grain exports after Russia introduced curbs to stabilize surging prices, and will instead meet with traders to plan the year ahead in “normal operating mode,” Agriculture Minister Oleksiy Pavlenko said Saturday. Last month, Moscow announced it would introduce grain export duties of at least 35 […] Read more

Rain hits Ukrainian wheat quality

Kiev/Moscow | Reuters — Ukraine is set to produce more wheat for animal feed and less higher grade bread-making grain this year, as rain damage has shifted the global exporter’s quality balance, traders and analysts said. The altered backdrop is seen heaping further pressure on global prices, while also signalling tougher competition with other European […] Read more

Ukraine winter wheat in good condition

Reading Time: 2 minutes Reuters / No more than 400,000 hec­tares of winter grain crops, or up to five per cent of the sown area, are likely to be reseeded this spring against 1.5 million hectares in 2012, a senior Agriculture Ministry official said Feb. 19. “We expect the reseeding of three to five per cent (of winter grain […] Read more

Ukraine to consider lifting wheat export curbs next month

Ukraine will decide next month whether to lift restrictions on wheat exports that were imposed after a poor harvest last year, Agriculture Minister Mykola Prysyazhnyuk said on Wednesday. The ministry has capped exports at 6.3 million tonnes in the current season, which runs to June 2013. "We could discuss the issue around April 10," Prysyazhnyuk […] Read more