In the ports of Chornomorsk, Odessa and Pivdenny, 10 vessels are ready to be loaded as part of the “grain initiative”, more than 40 applications are expected to call at Ukrainian ports, Minister of Infrastructure of Ukraine Oleksandr Kubrakov said on his Facebook page in Friday.
According to the Minister of Infrastructure, work is underway to ensure that the volumes and rates of transshipment of agricultural products increase to 3-5 million tons per month.
Kubrakov noted that during the operation of the “grain initiative” 25 ships were sent from the three ports of the Odessa region, with a total of 630 thousand tons of agricultural products on board.
“We pay special attention to food exports for African countries. Another bulk carrier I Maria left yesterday, carrying 33,000 tons of agricultural products for the north of the continent,” he said.
As reported, in Istanbul on July 22, with the participation of the UN, Russia, Turkey and Ukraine, two documents were signed on the creation of a corridor for the export of grain and other agricultural products from three Ukrainian ports: Chornomorsk, Odessa and Pivdenny.
UN Secretary General António Guterres, who signed this document on July 22, visits the port of Odessa on Friday, accompanied by Kubrakov.
It is expected that on the same day, also in Odessa, the negotiations of the UN Secretary General with the Presidents of Ukraine and Turkey Volodymyr Zelensky and Recep Tayyip Erdogan on the issue of “grain corridors” for the export of Ukrainian agricultural products will continue.
Lifecell LLC mobile operator in April-June 2022 recorded a net loss of UAH 27.4 million compared to a net profit of UAH 116 million for the same period in 2021 due to write-offs of assets in the territories controlled by Ukraine, but not working for more than 92 days, and assets in the territories seized by Russia.
According to the parent company Turkcell, the company’s income in the second quarter of this year increased by 5.4% – to UAH 2.127 billion from UAH 2.018 billion in the second quarter of 2021, mainly due to an increase in income from international incoming calls and data transfer.
In the specified period, EBITDA increased by 8.8% – up to UAH 1.231 billion, and EBITDA margin increased by 1.8 percentage points – up to 57.9%, which the company explained with cost control measures implemented by Lifecell.
The report clarifies that the write-offs amounted to 204 million Turkish lire (about UAH 383.1 million at the rate in the report).
Lifecell’s capital investments in the second quarter of this year decreased by a third compared to the second quarter of the previous year, to UAH 659 million.
The active Lifecell subscriber base for the three reporting months decreased by 5.6%, or 500,000 – to 8.4 million subscribers, returning to the level of a year ago.
Active three-month ARPU in the second quarter of this year decreased by 1.8% compared to the previous quarter – to UAH 82.8, and MoU – by 5.5%, to 160.7 minutes. In annual terms, ARPU increased by 1.1%, while MoU fell by 14%.
“Meanwhile, three-month active 4.5G users grew by 7% year-on-year in the second quarter of 2022, to 76% of the total number of mobile data users. Lifecell maintained its leadership in the Ukrainian market in terms of smartphone penetration, which at the end of Q2 2022 reached 84.6%,” the company says.
Agroholding MHP, the largest producer of chicken meat in Ukraine, in July 2022 reduced chicken production by 8% – to 52.04 thousand tons, but increased its sales by 4% – to 56.54 thousand tons, the agricultural group on the London Stock Exchange on Friday.
It is noted that the operating activity of the holding is still below last year’s figures due to the full-scale Russian invasion of Ukraine: in July 2022, chicken production amounted to 81% of July 2021, and its sales – 88%, respectively.
It is specified that in the domestic market in July 2022, chicken sales remained at the level of July 2021 and June 2022 – 25.56 thousand tons. Chicken export in July this year amounted to 30.98 thousand tons, which is still 20% less than in July last year, but 3% more than last month.
Thus, the share of chicken exports in July of this year decreased by 5 percentage points (p.p.) against July 2021, to 55% from 60%, but increased by 3 p.p. compared to June 2022.
The average selling price of poultry meat in July increased by 21% year on year – up to $2.1/kg, and by 2% compared to the previous month.
During the reporting period, MHP also reduced sales of meat products and semi-finished products by 49% compared to July 2021, to 2.5 thousand tons, but this figure was 1% higher than in June 2022.
According to the agricultural holding, in July 2022, sales of sunflower oil increased by 1.9 times compared to July last year and by 13% compared to June of this year, to 22.55 thousand tons. At the same time, sales of soybean oil decreased by 5.8 times by July 2021 and by 3.5 times by June 2022 to 1.16 thousand tons.
“Harvesting of winter crops (wheat, rapeseed, etc.) is being carried out on an area of about 69.7 thousand hectares. Rapeseed harvesting has been completed on about 27.5 thousand hectares with a yield of about 3.8 t/ha. Wheat harvesting continues on an area of about 40.7 thousand hectares, 85% completed, with a current yield of 5.5 t / ha,” the agricultural holding states in a stock exchange message.
According to him, spring crops are in good condition. In general, the weather conditions are also relatively favorable for a good harvest, apart from a number of regions with extremely hot and dry weather conditions.
MHP is the largest chicken producer in Ukraine. It is also engaged in the production of cereals, sunflower oil, meat processing products. On the European market, MHP supplies chilled half-carcasses of chickens, which are processed, including at its enterprises in the Netherlands and Slovakia. In February 2019, the agricultural holding completed the acquisition of the Slovenian company Perutnina Ptuj.
MHP generated $393 million in net profit in 2021 against a net loss of $133 million in 2020, while its revenue grew by 25% to $2.37 billion.
The founder, majority shareholder and head of the board of MHP is Ukrainian businessman Yuriy Kosyuk.
By August 19, Ukrainian farmers harvested 23.4 million tonnes of grain and leguminous crops (2.6 million tonnes more during the week of August 12 through August 19) from a total area of 6.1 million hectares (0.6 million hectares more), the Ministry of Agricultural Policy and Food reported on its website on Friday.
The crop was harvested from 55% of the planned areas, while a week earlier this figure was 49%.
“The harvest of 2022 continues. According to the latest data, 91% of wheat, 96% of barley, 97% of peas, and 98% of winter rapeseed have been harvested. The leaders in harvesting are Mykolaiv region – 86%, Odesa region – 85%, Volyn and Dnipropetrovsk regions – 70% each, Kirovohrad – 60%,” the ministry said in a statement.
In general, 17.4 million tonnes of wheat (2.0 million tonnes more in a week) were harvested from 4.3 million hectares (0.5 million hectares more), 5.3 million tonnes of barley (0.4 million tonnes more) from 1.5 million hectares (0.1 million hectares more) and 243,700 tonnes of peas (4,700 tonnes more) from 108,000 hectares (2,000 hectares more). Also this week, harvesting of millet has begun, of which 7,700 tonnes have been harvested from 3,200 thousand hectares.
In addition, by August 19, Ukraine harvested 3.1 million tonnes of winter rapeseed (0.2 million tonnes more in a week) from 1.08 million hectares (40,000 hectares more).
According to the ministry, the average yield of wheat was 40.4 tonnes per ha, barley – 3.45 tonnes per ha, rapeseed – 2.84 tonnes per ha, millet – 2.39 tonnes per ha, peas – 2.26 tonnes per ha. At the same time, the highest average yield of grain and leguminous crops was recorded in Khmelnytsky region – 6.2 tonnes per ha.
The spot price of gas in Europe soared above $2,700/ths. cube m for the news about the new repair on the Nord Stream highway.
The price of the nearest (September) TTF futures on the ICE Futures exchange on Friday evening reached $2,712 per thousand cubic meters.
On Friday evening, Gazprom announced that the only working gas-compressor unit of the Nord Stream main’s departure compressor station at the Portovaya CS would be shut down from August 31 to September 2 for three days for maintenance and scheduled preventive work.
The gas pipeline is capable of transporting up to 167 million cubic meters per day. m of gas, but the capacity was reduced due to the violation of the maintenance schedule for the equipment of the starting station of the sea main – the compressor station “Portovaya”. It is equipped with gas compressor units from Rolls-Royce, whose gas turbine business has been taken over by Siemens. Due to Canadian sanctions imposed in response to the military aggression of the Russian Federation in Ukraine, one turbine did not return to Russia from the Siemens Energy repair base on time. In the meantime, the time has come for a major overhaul of other engines, both in connection with the operating time between overhauls and in connection with breakdowns.
The Cabinet of Ministers has canceled the legislative norm introduced on March 9, which allows importers of food products to import these products into the country, even if the information on the product packaging is not in Ukrainian.
Thus, food market operators can now only import products with a label in the state language, Taras Melnichuk, a representative of the Cabinet of Ministers in the Verkhovna Rada, said in a Telegram channel.
The government made the corresponding change to Decree No. 234 of March 9, 2022 at a meeting on Friday.
“It is excluded … the rule on the temporary possibility for the period of martial law of the sale of food products in the customs territory of Ukraine, information about which is set out in a language other than the state language. It has been established that such food products imported into the territory of Ukraine from March 9 to December 1 can to be in circulation on the customs territory of Ukraine until the expiration of the minimum shelf life or the deadline for consumption (the “use by” date),” Melnychuk said in the message.
Thus, the amended regulation retains the possibility for importers of animal feed to import these products labeled in a language other than the state language.
In addition, the legislative norm remains in force that the labeling of food and feed imported to Ukraine as humanitarian aid can be submitted in a language other than the state language.
The regulation also allows the use of leftover packaging or containers for food and feed left after the closure of enterprises that stopped working as a result of hostilities. In the future, such containers can be used for packaging similar products manufactured at other enterprises.
