GFM Network News

Ukraine’s parliament extends ban on farmland sales

Kiev | Reuters — The Ukrainian parliament voted on Thursday to extend a ban on the sale of agricultural land by one year, delaying what financial backers say is a key reform essential to Ukraine’s long-term economic growth. The bill was backed by 236 lawmakers, narrowly over the 226 required to pass. Currently Ukraine’s more […] Read more

Ukraine farmers examine Canadian agriculture co-ops

A delegation of Ukrainian farmers were visiting agriculture co-ops this week, looking to see if the approach can benefit their grain businesses in Ukraine’s Dnipropetrovsk Oblast. In Ontario they visited Agris Co-op and Great Lakes Grain in Chatham, Agrico fertilizer storage outside London, an Agromart retail operation in Wellburn, and the Donkers’ dairy goat farm […] Read more

Ukrlandfarming owner in talks to sell stake

Kiev | Reuters — Ukrainian businessman Oleh Bakhmatyuk, the major shareholder in agricultural group Ukrlandfarming, is in talks with Chinese and Middle East investors about possibly selling a stake in the company, Interfax news agency said on Monday. Ukrlandfarming’s main businesses are grain and sugar production, livestock farming, the distribution of agricultural products and the […] Read more

U.S. grains: Soybeans weighed down by big harvest prospects

Reuters — U.S. soybeans and grains dipped on Wednesday, weighed down by abundant harvest prospects in key countries. Soybeans led the way lower, as the closely watched four-day Pro Farmer U.S. Midwest Crop Tour scouted impressive crops in central Illinois, following its observation a day earlier of above-average soybean pod counts in Nebraska and Indiana. […] Read more

Ukraine free trade deal signed, goes to vote

A free trade agreement between Canada and Ukraine that’s expected to benefit Canada’s livestock sectors, among others, goes to the two countries’ parliaments for approval after its signing Monday. Prime Minister Justin Trudeau and Trade Minister Chrystia Freeland signed the Canada-Ukraine Free Trade Agreement (CUFTA) Monday in Kyiv. CUFTA negotiations wrapped last July under the […] Read more

Kazakh leader evokes Ukraine as land protests spread

Almaty | Reuters –– Kazakh President Nursultan Nazarbayev, facing a growing wave of protests against planned changes to land ownership, evoked the image of war-torn Ukraine on Sunday as he called for national unity. Speaking at an event in Almaty to mark the annual May 1 Unity Day celebrations, Nazarbayev highlighted Ukraine, where street protests […] Read more

Cargill joint venture to build grain terminal in Ukraine

Kiev | Reuters — U.S. agriculture giant Cargill and Ukraine’s MV Cargo said they would build and operate a grain terminal at Ukraine’s Black Sea port of Yuzhny under a US$100 million joint venture agreement signed Wednesday. The terminal, near Ukraine’s biggest port city of Odessa, will have an annual loading capacity of five million […] Read more