Contents tagged with agriculture

  • Russia says foreign ships can leave Black Sea ports, refuses to allow Ukrainian grain exports until sanctions lifted

    Russia said it would open “humanitarian corridors” to allow foreign ships to leave occupied Ukrainian ports in the Black Sea and Sea of Azov.

    Russian Defense Ministry official Mikhail Mizintsev said the corridors would be open from 8:00 am to 7:00 pm daily.

    At the same time, Kremlin spokesman Dmitry Peskov said ships carrying Ukrainian grain would not be allowed to leave until Western sanctions on Russia were lifted.

    They “must cancel those illegal decisions that prevent the charter of ships, …

  • UN FAO says Russian forces are looting grain in Ukraine and destroying silos

     The United Nations Food and Agriculture Organization said on Friday that Russian troops have looted stocks of Ukrainian grain and have destroyed agricultural storage facilities.

    As stated by Josef Schmidhuber, a senior official with the United Nations Food and Agriculture Organization, “Grain is being stolen by Russia and transported on trucks into Russia and the same goes for agricultural implements.”

    Schmidhuber said an estimated 700,000 tons of grain has been stolen. He noted that all …

  • Russia's invasion of Ukraine leads to higher grain prices

    Russia’s invasion of Ukraine is leading to higher grain prices around the globe, as agricultural production in the “world’s breadbasket” has been severely disrupted. Ukrainian farmers are fleeing the violence or taking up arms, and ports that send wheat and other grains to Europe, Asia and Africa have been closed by the Russian military.

    While there have not been global supply problems for grain yet, prices have risen 55% since a week before the invasion, and wheat futures have increased more …

  • US Department of Commerce: Ukraine has potential of becoming a world leader in food production

    Thanks to a favorable climate and fertile chernozem—the black-colored soil containing a high percentage of humus—that makes up a third of the world's stock, Ukraine could become a huge export base of fruits and vegetables, both fresh and processed. This was reported by the US Department of Commerce in the report on the fruit and vegetable industry of Ukraine, Voice of America reports.

    The report, which was based on market research in Ukraine, says that "Ukrainian companies are aware that they …

  • Ukraine's agricultural exports to the EU grow by a third

    Exports of Ukrainian agricultural products to European countries between January and June 2017 reached (US)$2.774 billion, the press service of the Ministry of Agrarian Policy announced on August 3.

    Compared to the same period last year, exports increased by 31.4%, or $663.4 million.

    "Today, the EU countries are consistently ranked second in the regional structure of our agricultural exports. Their share accounted for 34.9%, based on the results of the first half of 2017. Total foreign trade …