Perspectives for domestic cereals market
Falling prices of cereals in Poland result from bumper harvest in the country and in the world. However, the forecast shows that this year the crops will be lower that the year before.
Maize getting cheaper across the Ocean
The latest news from Chicago exchange is that maize is the cheapest in the last three years. At the end of October, the price fell below the technical support level at 177 USD per tonne.
Increasing food safety in the world
The third quarter of 2013 brought good news: food prices fell, making foodstuffs more affordable. Such optimistic statistics were presented by Global Food Security Index, an index measuring access to food, the cost of purchasing agricultural products as well as food safety and quality in 107 countries.
US farming going from strength to strength
Although in 2007-11 the agricultural industry generated only 5% of the country GDP, agricultural products made up 10% of goods exported from the US. In 2012 the value of exported food reached 141.3 billion USD and the farmers made a profit of 38.5 billion USD.
Grupa Azoty has taken over Siarkopol
On Thursday, November 21st, an agreement was signed stipulating that the Treasury will transfer 4,675,000 shares (85% of share capital) of Kopalnia i Zakłady Chemiczne Siarki “Siarkopol” S.A. to Grupa Azoty.
Keeping up the pace!
On Wednesday, November 20th we held a morning press conference, at which the current investment plans of the company were presented to media representatives. The Vice Chairman of the Board of “PUŁAWY” Zenon Pokojski and the Director of Fertilizer Research Institute Janusz Igras participated in the meeting.
Grupa Azoty “PUŁAWY” is officially a “Well Regarded Company”
Grupa Azoty Zakłady Azotowe “PUŁAWY” won one of the titles in “Well Regarded Company” competition for the second time in history. The title is awarded by Business Centre Club Employers Association. The awarding ceremony took place in Lubomirscy Palace in Warsaw on November 19th, and the diploma was handed to the Vice Chairman of the Board, Zenon Pokojski.
Changing Polish agriculture
This year’s edition of “Science-Business-Agriculture” Conference provided an opportunity to exchange experiences between agricultural manufacturers, scientists and representatives of the business world. During the presentations and panel discussion, the participants of the symposium were able to learn about the latest solutions concerning agricultural production and to present the needs and challenges which Polish agriculture is facing at present.
3rd Science – Business – Agriculture Conference
On November 21st, we welcomed scientists, agricultural manufacturers and business representatives at the Third “Science-Business-Agriculture” Conference. This year the venue for the meeting of delegates from the agriculture and food production sectors was Puławy Science-Technology Park.
End of stalemate in EU agricultural policy reform
At the end of September, a long-awaited compromise concerning Common Agricultural Policy was reached. The key EU institutions approved the draft put forward by the ministers of agriculture of the Member Countries. Consequently, EU will be able to undertake such tasks as boosting employment rate in rural areas, improving environmental protection and ensuring food supply safety.
New legislation concerning natural gas market
On September 11th, 2013, the so-called “new three-pack”, or important amendments to Polish Energy Law Act and bills from July 26th came into force. New laws have a decisive impact on the development of competition on the gas market, giving the Chairman of Energy Regulatory Office the possibility to free up the prices of the resource for industrial clients. At the same time the amendments oblige Polskie Górnictwo Naftowe i Gazownictwo company to sell part of its resources on the Polish Power Exchange.
A look at AdBlue market
AdBlue® market is constantly growing due to the rising number of vehicles which fulfill Euro 5 exhaust emission norms. Such vehicles are replacing models which followed previous norms, Euro 3 and Euro 4. Sales data confirm that there is a growing trend in consumption, not only because truck fleet is expanding, but also because other segments (agricultural and construction equipment, ships, passenger cars) are entering the market.