Gross production of soybeans in Ukraine in 2018 could be 4.2-4.3 million tonnes, which is 10% more than in 2017, Regional Director of the Donau Soja Association Oksana Prosolenko has said.
“It is expected that by the end of 2018, we will reach 4.2-4.3 million tonnes of soybeans. It is too early to predict the situation for 2019, given that the rules of the game have changed. You can estimate it at the end of winter and early spring,” Prosolenko told Interfax-Ukraine.
In the eight months ending August 2018, 3.426 million tonnes of soybeans were harvested, while for the whole of 2017, 3.8 million tonnes were harvested, President of the Ukrainian Association of Soybean Producers and Processors (Ukragropromsoya) Viktor Tymchenko said at the second Annual Agrarian-Practical Fat-and-Oil Conference in Kyiv on Thursday.
According to him, the average yield of soybean in 2018 is 2.53 tonnes from one hectare, while in 2017 the yield was 1.6-1.7 tonnes from one hectare due to adverse weather conditions.
Tymchenko also said that the export of soybeans for eight months amounted to 1.5 million tonnes of soybeans, whereas in 2017 – 2.8 million tonnes. The largest importer of Ukrainian soybeans is Turkey (700,000 tonnes of raw soybeans for processing). The import of Belarus has noticeably increased (from 70,000 tonnes to 200,000 tonnes), as the country built a plant for processing soybeans at the border with the EU.
At the same time, according to Prosolenko, Ukraine now has the opportunity of increasing the export of soybeans to EU countries.
According to Tymchenko, soybean export is complicated by the logistics problems of Ukrzaliznytsia. Prosolenko also said that although officially the cultivation of genetically modified soybeans in Ukraine is not allowed and does not officially exist, but in fact, 60-70% of soybeans are modified. It also complicates exports, the expert said.
According to the president of Ukragropromsoya, soybean processing in Ukraine is about 1 million tonnes: 751,000 tonnes of meal and 174,000 tonnes of oil. Export of meal amounts to 39,000 tonnes, oil – 166,000 tonnes.
At the same time, according to the expert, the increase in the processing of soybeans is unlikely, since Ukraine’s domestic sales market is shrinking due to the decrease in the number of animals fed with soybean meal.
Myronivsky Hliboprodukt (MHP) sold 160,780 tonnes of poultry to third parties in July-September 2018, which it was 19.2% more than a year ago.
According to a company report on the London Stock Exchange (LSE) on Thursday, poultry production in Q3 2018 grew by 10%, to 150,650 tonnes.
In January-September 2018, MHP increased poultry sales to third parties by 7.2%, to 449,220 tonnes thanks to growth in exports sales and following the strategy of poultry meat stock decrease starting from Q3 2018.
Poultry production in January-September 2018 grew by 8%, to 458,540 tonnes due to increased production of heavier chicken and decreased share of thinning as well as due the launch of new rearing sites of Phase 2.
One troy ounce=31.10 grams
DTEK Energy Holding has signed a second contract with U.S. General Electric to supply equipment for Prymorska wind farm with a total capacity of 200 MW, the press service of the holding has reported. The first contract to supply equipment for Prymorska wind farm (100 MW) was signed in December 2017. It will be completed at the end of 2018.
The second stage of the 100 MW capacity will be also built in Zaporizhia region. The start of construction is the fourth quarter of 2018.
The land wind power division of GE will supply 26 wind power turbines with a capacity of 3.8 MW each to Prymorska wind plant. This model of a wind turbine demonstrates high performance even in conditions of low wind speed.
The total planned investment in the second stage of Prymorska wind farm will be about EUR150 million, which is comparable with investments in the construction of the first stage.
After the completion of the second stage of Prymorska wind farm, the portfolio of DTEK’s implemented projects in land wind generation will reach 400 MW.
“Our ambitions are to build 1,000 MW of solar and wind power plants by the end of 2019. This is an ambitious goal requiring huge investments by the standards of Ukraine. The construction cost of such a capacity exceeds EUR1 billion,” DTEK CEO Maksym Tymchenko said.
DTEK Renewables is the operating company that manages DTEK’s assets in the renewable energy sphere.
Pharmacy sales in Ukraine in January-September 2018 in monetary terms increased by 30% compared to the same period in 2017, to UAH 61.788 billion. Business Credit company told Interfax-Ukraine, in natural terms sales for the specified period increased by a mere 1%, to 1.124 million packs, while the weighted average price rose by 28%, to UAH 55 per unit of goods. According to the company, retail sales of medicines in January-September in monetary terms increased by 32%, to UAH 50.805 billion, in natural terms by 10%, to 754.352 million packs. The weighted average price of medicines in the first nine months of 2018 was UAH 67.4 per product unit.
As reported, in the first half of 2018 pharmacy sales in Ukraine in monetary terms were up by 36% compared to the same period in 2017 and amounted to UAH 43.011 billion, while sales in real terms by 5%, to 780.737 million packs.
Retail sales of drugs in the first half of the year in monetary terms grew by 38%, to UAH 35.454 billion, in natural terms by 16%, to 530.846 million packs.
