In the past 10 months of 2014 production of meat, milk and eggs in Ukraine increased — State Statistics Committee of Ukraine

In Ukraine, in the past 10 months of 2014, meat production (live weight) totaled 2.614 million tons, which is by 5.6% more than during the same period last year. This was reported on November, 12 by the State Statistics Committee of Ukraine.

Informa Economics raised its forecast of global corn harvest in 2014/15 MY once again

In its latest report, the experts of the international research firm Informa Economics raised their forecast for global corn production in 2014/15 MY- to 984.3 million tons, compared to 982.5 million tons publicized a month earlier. This figure, however, still falls short of the record result from a season earlier (988.5 million tons).

Cargill promises to prevent food panic in China

Even against the backdrop of a slowing economy, food safety scandals in China drew demand for higher quality products in an upward direction.
Representatives of the leading trader of raw material Cargill Inc said that the scandals in the area of food safety in China have increased the demand for higher quality products, that would sustain consumption of protein-rich farm commodities even against the backdrop of a slowing economy.

Operational information of the Ministry of Agrarian Policy and Food: fieldwork status as of 05.11.2014

I. Harvest status of agricultural crops
Grain and leguminous crops were harvested on an area of — 13.8 million hectares (93%), yielding 41.8 c/ha (in 2013 — 38.3 c/ha) 57.7 million tons of grain has been harvested, including: corn — 21.2 million tons.

In 2014/15 MY Ukraine is out to reduce its production and export volumes of vegetable oils — the expert

In Ukraine, during 2014/15 MY, production and export volumes of vegetable oils will decrease compared with the previous season — from 4.84 million tons and 4.36 million tons to 4.6 million tons and 4.275 million tons, respectively. Such an assessment has been made by Stepan Kapshuk, CEO of the «Ukroliyaprom» on October 30, while at the conference «Oil and fat industry-2014» in Kiev.

Forecast of global harvest of soybeans and sunflower in 2014/15 MY has been downgraded

In its latest report, analysts of Oil World voiced their forecast of global harvest of soybeans for 2014/15 season at 307.76 million tons; that is 3.04 million tons less than previously estimated; yet, this is considerably higher than in the previous MY (284.89 million tons). In particular, the downward adjustment affected Brazil — to 89 (92; 86.12) million tons, Argentina — to 54 (55; 54) million tons and India — to 10.3 (11.7; 12.2) million tons.

The operational information from the Ministry of Agrarian Policy and Food: situation on grain market as of 10.30.2014

Grain exports

The actual grain export amounts to 11530 thousand tons, of which: wheat — 6374 thousand tons; corn — 1811 thousand tons; barley — 3206 thousand tons and other grains — 138 thousand tons.

USA. Corn harvesting has been delayed due to rain

With a reference to Platts, UkrAgroConsult informs that as of October 19, 2014, according to the USDA, there was 31% of the corn crop collected in the United States; which is 7.7 p. p. more than a week earlier.

Operational information of the Ministry of Agrarian Policy and Food: fieldwork status as of 10.22.2014

Union of Ukrainian Poultry Breeders predicts stable prices for the products until the end of 2014

According to Alexander Bakumenko, the chairman of the board of directors of "Union of Poultry Breeders of Ukraine" association, in Ukraine, prices for poultry products will remain at the current level until the end of 2014; this was reported on October, 21 by the "Interfax-Ukraine" agency.