In the past year (July 2008 - June 2009) Ukraine to foreign markets had a record amount of grain. According to recent estimates, it amounted to 25 million tons. In a case was information that could make the top ten grain traders 2008/2009 marketing year. These firms accounted for 70% of total exports.
leading to the outcome of the season was Nibulon. According to the company ProAgro, this company shipped to external customers for nearly 4 million tons of grain. In the top three also includes Louis Dreyfous Ukraine (the French subsidiary of the same company) and Serna (affiliated with the company Glencore). Each of these assets - more than 2 million tons. Another three companies ( Alfred C. Töpfer International (Ukraine), Bunge Ukraine and Kernel) broke the mark of 1.5 million tons.
The main change from the previous season - radius of the five largest exporters of the American company Cargill. In the 2007/2008 marketing year, the grain giant was the third volume of export of Ukrainian grain. In fresh rating, it has been a 7 th place with a volume of 1 million tons. Other companies included in the top ten exporters shipped approximately 0.7 million tons each.
Director of ProAgro Nikolai Vernitsky admits that Cargill care of the leaders of the grain market place in conjunction with traditional Ukrainian problems with the reimbursement of VAT. According to him, because of this, several major grain companies abandoned their plans to increase exports.
margin from the export of grain is small enough. Therefore, many companies are now working for a future return of VAT (estimated amount to recover the VAT charge to the profit of future periods. - Ed.), - commented the expert.
In turn, the head of Ukrainian Grain Association Volodymyr Klimenko evaluates the overall results of the season positively and said that over 7 years of port facilities for transshipment of grains increased from 6 to 26 million tons. Had this not occurred, the record harvest of last year resulted in a catastrophic collapse of Ukraine for the price of the domestic market.
Who buys Ukrainian wheat
Last season Ukrainian companies exported 12.6 million tons of wheat. Half of the grain went to the markets of Spain, South Korea and the Philippines. According to the head of the department of foreign economic relations of Nibulon Valeria Kunitsky, in addition, this year Ukraine has opened a new market - Bangladesh. This country has become the fourth largest importer of wheat (1.1 million tons).
barley per season exported 6.3 million tons. One third of this amount went to Saudi Arabia.
India purchased nearly half (about 70 thousand tons), total export volume of the Ukrainian peas.
market operators recognize that in the past season, faced with high competition. The difficulty was that the market left a lot of countries: Canada, Russia, Argentina, Brazil, India and China, - notes Nikolay Kompanets, Director, Ukrainian Representative Office WJ Grain. - But Ukraine still managed to rank third on the volume of exported grain in the world. To help exporters here come the absence of quotas on exports, which had acted earlier.
With the new season prepares us
Director of the Department of Agrarian Markets Development Ministry of Agrarian Policy of Anatoly Rozgon notes that the latest projections, the grain harvest this year will be 43 million tons, 40% of which can be sent for export. But officials said that the forecast will soon be adjusted upwards in the Ministry. Farmers also say that expecting a slight reduction in yield compared to last year (5-10% - up to 48-50 million tons).
Moreover, the new Ukrainian grain harvest has already been shipped to foreign markets. Today the port of Duba in Saudi Arabia must come Singaporean vessel Clipper Lancaster with the first export of Ukrainian Party of the new barley harvest - 24.9 tons.
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The largest grain trader Ukraine
In the past year (July 2008 - June 2009) Ukraine to foreign markets had a record amount of grain. According to recent estimates, it amounted to 25 million tons. In a case was information that could make the top ten grain traders 2008/2009 marketing year. These firms accounted for 70% of total exports.
leading to the outcome of the season was Nibulon. According to the company ProAgro, this company shipped to external customers for nearly 4 million tons of grain. In the top three also includes Louis Dreyfous Ukraine (the French subsidiary of the same company) and Serna (affiliated with the company Glencore). Each of these assets - more than 2 million tons. Another three companies ( Alfred C. Töpfer International (Ukraine), Bunge Ukraine and Kernel) broke the mark of 1.5 million tons.
The main change from the previous season - radius of the five largest exporters of the American company Cargill. In the 2007/2008 marketing year, the grain giant was the third volume of export of Ukrainian grain. In fresh rating, it has been a 7 th place with a volume of 1 million tons. Other companies included in the top ten exporters shipped approximately 0.7 million tons each.
Director of ProAgro Nikolai Vernitsky admits that Cargill care of the leaders of the grain market place in conjunction with traditional Ukrainian problems with the reimbursement of VAT. According to him, because of this, several major grain companies abandoned their plans to increase exports.
margin from the export of grain is small enough. Therefore, many companies are now working for a future return of VAT (estimated amount to recover the VAT charge to the profit of future periods. - Ed.), - commented the expert.
In turn, the head of Ukrainian Grain Association Volodymyr Klimenko evaluates the overall results of the season positively and said that over 7 years of port facilities for transshipment of grains increased from 6 to 26 million tons. Had this not occurred, the record harvest of last year resulted in a catastrophic collapse of Ukraine for the price of the domestic market.
Who buys Ukrainian wheat
Last season Ukrainian companies exported 12.6 million tons of wheat. Half of the grain went to the markets of Spain, South Korea and the Philippines. According to the head of the department of foreign economic relations of Nibulon Valeria Kunitsky, in addition, this year Ukraine has opened a new market - Bangladesh. This country has become the fourth largest importer of wheat (1.1 million tons).
barley per season exported 6.3 million tons. One third of this amount went to Saudi Arabia.
India purchased nearly half (about 70 thousand tons), total export volume of the Ukrainian peas.
market operators recognize that in the past season, faced with high competition. The difficulty was that the market left a lot of countries: Canada, Russia, Argentina, Brazil, India and China, - notes Nikolay Kompanets, Director, Ukrainian Representative Office WJ Grain. - But Ukraine still managed to rank third on the volume of exported grain in the world. To help exporters here come the absence of quotas on exports, which had acted earlier.
With the new season prepares us
Director of the Department of Agrarian Markets Development Ministry of Agrarian Policy of Anatoly Rozgon notes that the latest projections, the grain harvest this year will be 43 million tons, 40% of which can be sent for export. But officials said that the forecast will soon be adjusted upwards in the Ministry. Farmers also say that expecting a slight reduction in yield compared to last year (5-10% - up to 48-50 million tons).
Moreover, the new Ukrainian grain harvest has already been shipped to foreign markets. Today the port of Duba in Saudi Arabia must come Singaporean vessel Clipper Lancaster with the first export of Ukrainian Party of the new barley harvest - 24.9 tons.
Ol'ga Dzhelebova, Marina Moiseeva
Iraq declared that it has no free gas, to send it to the Nabucco pipeline
The expert: In Ukraine, for six months, most went postal services, drain and gas
Lukashenko: Belarus President Alexander Lukashenko considers reasonable in all the requirements of the IMF for a loan of Belarus
Kommersant: Insurers built Poole
World markets continue to fall
Kommersant: Gas rises to new heights
Correction on the Russian stock market today continues
Contracts for the dollar /ruble show expectations of further weakening of the ruble
Recommendations for futures on RTS index