FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Stocks on the Radar at CSE
by Rare Yesterday at 2:13 pm

» Global Rice prices drops
by Rare Thu Oct 03, 2024 1:07 pm

» Post-election winners.
by Rare Thu Oct 03, 2024 1:01 pm

» Construction Giant's IPO - Access Engineering
by shiraz latiff Thu Oct 03, 2024 12:43 pm

» ACCESS Engineering,my target Rs. 26/-
by shiraz latiff Thu Oct 03, 2024 12:41 pm

» Access Engineering awarded two more contract packages at Colombo Port
by shiraz latiff Thu Oct 03, 2024 12:39 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by nilantha suranga Thu Oct 03, 2024 12:36 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by Anushka Perz Wed Oct 02, 2024 10:33 am

» History Repeat Access Engineering PLC
by sakuni Wed Oct 02, 2024 10:31 am

» Asian stocks drift higher amid rate cut speculation; Japan lags
by Rare Mon Sep 30, 2024 1:29 pm

» Sri Lanka: Light Rail Transport (LRT) at what opportunity cost?
by God Father Mon Sep 30, 2024 7:52 am

» Sri Lankan companies with small market cap
by Rare Sat Sep 28, 2024 4:41 am

» Large cap Sri Lankan companies
by Rare Sat Sep 28, 2024 4:36 am

» Gold, copper, iron and aluminum no more bargain
by Rare Sat Sep 28, 2024 4:25 am

» Reinstatement of SLT-Mobitel's ETA System for Streamlined Visa Processing
by pramu perera Fri Sep 27, 2024 8:49 pm

» Oil prices fall further
by Rare Fri Sep 27, 2024 12:20 pm

» Sri Lanka rupee closes at 275/290 to the US dollar
by Rare Thu Sep 26, 2024 11:58 am

» Bullish about a sustainable turnaround - CSE Chairman
by Rare Wed Sep 25, 2024 1:51 pm

» Can NPP secure majority in Parliament?
by God Father Wed Sep 25, 2024 9:41 am

» Growing superstar LVEF 14+
by ddrperera Wed Sep 25, 2024 8:53 am

» Why Central Bank Governor Nandalal Weerasinghe should Resign?
by God Father Tue Sep 24, 2024 2:22 pm

» Can AKD win the upcoming Parliamentary Election ???
by pramu perera Mon Sep 23, 2024 10:46 pm

» Colombo Stock Market: Where are we heading?
by Rare Fri Sep 20, 2024 12:40 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Ukraine Wheat Outlook Perks Up With 'Marvelous' Crop Weather

Go down  Message [Page 1 of 1]

VALUEPICK

VALUEPICK
Expert
Expert

http://www.agweb.com/article/ukraine-wheat-outlook-perks-up-with-marvelous-crop-weather-blmg/

MAY 5, 2016 06:30 AM

Ukraine Wheat Outlook Perks Up With 'Marvelous' Crop Weather 13d3e173db08499183ef62fc9661c2ab1
Things are looking better for Ukraine’s once-beleaguered wheat crop.

Timely rains and moderate temperatures mean crops are in better shape than at this time last year -- a big change from a few months ago, when fields were planted under drought, said Tetiana Adamenko, head of the agriculture department at the National Weather Center in Kiev. While production will probably be lower than last year after farmers cut planting, the prospects for yields have improved.

Recent good weather across the major wheat-producing areas of the Northern Hemisphere means the world may be set for another bumper harvest. Two prior seasons of ample supplies sent prices to a five-year low on March 2. Ukraine, one of the world’s top exporters, doesn’t have any extreme heat in the forecast for May, so conditions may remain good at least for the next few weeks, Adamenko said. The harvest usually starts in July.



Optimum Moisture


"The weather is marvelous," Adamenko said by phone Wednesday. "We see optimum moisture conditions for early crops."


Agritel, the Paris-based farm adviser with an office in Kiev, may raise its forecast for Ukrainian wheat production after the recent spate of good weather, said consultant Mykhailo Ponomarenko. Last month, it pegged output at 19.3 million tons, about 2 percent more than a previous estimate. That’s still below 2015 output of 26.5 million tons, according to the State Statistics Office.


Agritel is planning a tour of the country’s crops in two weeks, which will help determine its next forecast, Ponomarenko said.


Ukraine’s wheat crop could reach about 20 million tons, said Matt Ammermann, a commodity risk manager at INTL FCStone who focuses on the Black Sea region. Production of corn probably will expand to 25 million tons, up from 23 million tons last year, as farmers shift unplanted wheat acres to corn this spring, he said.


The government sees total grain production, including wheat, corn and barley, in a range of 57 million to 60 million tons, said Serhiy Tantsyura, deputy head of the crop production division at Ukrainian Agriculture Ministry. That compares with about 60 million tons last year.


“It’s too early to provide a more accurate forecast, but we are full of optimism," Tantsyura said. “We couldn’t even hope the weather would be so fine."

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum