Under the terms of a loan agreement between the Export-Import Bank of China and the State Food and Grain Corporation of Ukraine, Ukraine plans to export 4 million tons of grain to China in 2013.
The contract between Ukraine and China,
which was signed in July 2012, stipulated the supply of Ukrainian grain
during the period of 15 years.
The volume of annual grain exported to China will be determined by the supply plan, bringing the
absolute delivery volume up to 6 million tons per calendar year.
Out of 4 million tons which are to
be exported to China in 2013, 2 million tons will be purchased directly
on Ukrainian market while the remaining 2 million tons will be procured
through forward contracts.
Authorities in the Netherlands and Germany are
scrambling to detect and remove from circulation tonnes of feed
potentially contaminated with aflatoxin, according to a recent press
report . The source is presumed to be a consignment of 45,000 million
tonnes of corn imported from Serbia and distributed by Toepfer.
Approximately 10,000 tonnes of the suspect batch was distributed to 13
feed mills in Northern Germany resulting in delivery of feed to 4,000
farms in Lower Saxony and numerous small operations in seven other
states. Product was also shipped to the Netherlands where trace-forward
is in progress.
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