Kazakhstan has risen to the fifth group of country risk rankings in OECD country risk rating.
The Organization for Economic Cooperation and Development ranks all countries in the world according to eight risk categories, Kazakhstan first participated in OECD country risk rating in November 2017, at that time the country was in the sixth group.
Ukraine and the United Arab Emirates signed a memorandum of understanding to promote cooperation in agricultural, "Ukraine intends to become a strategic partner of the UAE to ensure food security of this country," said Ukraine's acting agriculture minister.
Ukrainian agricultural group, Kernel Holding announced they have acquired 100% interest in Rail Transit Kargo Ukraine for $64 million. RTK owns 2,949-grain railcars, 15% of the market, and is the second largest grain wagon fleet after the state monopoly Ukrainian Railways.
The Food and Agriculture Organization (FAO) has launched courses to help Ukrainian farmers stop land degradation which they say affects 20% of the country's arable land, with wind and water erosion the main problem. I’ve spent years talking to Ukrainian farmers about this with next to zero progress.
Saudi Agricultural Livestock Investment Company (SALIC) in the running to buy Australia’s biggest single parcel of farming land. The sale is still to be approved by the Foreign Investment Review Board and involves 200,000 hectares of freehold and leasehold land over 30 separate farms for more than $70 million.
In 2018 SALIC spent €250 million acquiring the majority of Mriya Group’s Ukraine farming assets.
Ukraine and the UK will deepen cooperation in the field of agribusiness, according to a meeting between representatives from the two countries yesterday.
Last year Ukraine exports to the UK included 26.7KMT of sugar, 452.6KMT of corn and 40.9KMT of wheat.
Ukraine will host a pavilion at the largest food exhibition in Asia, FOODEX Japan 2019, promoting products from 13 Ukrainian manufacturers.
The USDA Foreign Agricultural Service report the prolonged dry period in Romanian late last summer and throughout the autumn meant some regions did not see rain from July through November and many farmers changed their cropping plans.
Canola planting stood at 550KHA, down 23% from the previous year with estimates that 250KHA to 350KHA is in poor condition and some will be replanted with spring crops.
Russia's Ministry of Agriculture outlined priorities for the development of agriculture in the Volga Federal District, including increasing the production of grain, leguminous plants and oilseeds, and liming 12MHA of agricultural land.
According to experts, by 2024 this will allow an increase in grain yield by 10MMT and oilseeds by 2.5MMT. The region grows about a quarter of Russian oilseeds and potatoes, about 20% of grain, leguminous crops and vegetables, as well as more than 16% of sugar beet. Last year, the region harvested a record-breaking sunflower crop - 4.6MMT - which was one-third of the whole country. This year, the area of winter crops for grain and green forage increased to 4.56MHA, with, its reported, 90% of them in good and satisfactory condition.
Still hearing reports of a grain hauliers strike in southern Russia and that it is expanding; drivers are protesting against low rates unless they overload their trucks, then road police stop them and fine/bribe them leaving them at a loss.