As of November 29, farmers in all regions of Ukraine harvested 73.6 million tons of new crops from 19.5 million hectares, up from 72.9 million tons and 19.5 million hectares a week earlier.
As reported by the Ministry of Agrarian Policy and Food on Friday, 53.9 million tons (53.4 million tons) of grains and 19.7 million tons (19.5 million tons) of oilseeds have already been harvested.
The ministry said that wheat harvesting has been completed, with 22.4 million tons harvested from 4.9 million hectares at a yield of 45.3 c/ha, barley – 5.6 million tons from 1.4 million hectares at a yield of 39.3 c/ha, peas – 469 million tons from 212.3 thousand hectares at a yield of 22.1 c/ha, and rapeseed – 3.5 million tons from 1.2 million hectares at a yield of 27.8 c/ha.
Corn harvesting continues, with 24.2 million tons harvested from 3.8 million hectares (88% of the plan) at a yield of 64.3 c/ha, buckwheat – 131.7 thousand tons from 88.1 thousand hectares (99%) at a yield of 15 c/ha, millet – 161.3 thousand tons from 88.2 thousand hectares (97%) at a yield of 18.3 c/ha. Sunflower was harvested in the amount of 10.2 million tons from 4.9 million hectares (97%) at a yield of 21 c/ha, soybeans – 6 million tons from 2.6 million hectares (99%) at a yield of 23 c/ha.
Agrarians in 16 regions are harvesting sugar beets, they have been dug on an area of 253.4 thousand hectares (98%), 12.1 million tons of sweet roots have been dug at a yield of 477 c/ha.
At the same time, the leaders in grain harvesting are farmers in Odesa region who threshed 4.6 mln ha, Chernihiv region – 4.5 mln tons, and Poltava region – 4.2 mln tons.
In terms of yields, farmers in Khmelnytsky region are ahead with 77.4 c/ha, Chernihiv region – 70 c/ha, and Ternopil region – 68.7 c/ha.
At the same time, as of November 30 last year, 56.254 million tons of grains and pulses were harvested from 10.354 million hectares (95% of the forecast). The average yield as of that date was estimated at 54.3 c/ha.
Oil prices are rising on Monday after a significant decline last week.
The cost of February futures for Brent on the London ICE Futures exchange as of 7:25 a.m. is $72.2 per barrel, which is $0.36 (0.5%) higher than at the close of the previous trading. On Friday, these contracts fell by $0.94 (1.3%) to $71.84 per barrel.
January futures for WTI in electronic trading on the New York Mercantile Exchange (NYMEX) have risen in price by this time by $0.37 (0.54%) to $68.37 per barrel. At the end of the previous session, the value of these contracts decreased by $0.72 (1.1%) to $68 per barrel.
Last week, Brent fell by 3%, WTI – by 4.6%.
On Monday, the market was supported by positive statistics from China published last weekend.
The Purchasing Managers’ Index (PMI) in China’s manufacturing industry increased to 50.3 points in November from 50.1 points a month earlier, according to the country’s State Statistical Office (SSO). Thus, the indicator reached a seven-month high. A PMI reading above 50 points indicates an increase in activity in the industrial sector, while a reading below 50 points indicates a decline. The indicator has been above this level for two months.
Traders’ attention is now focused on the OPEC+ Ministerial Monitoring Committee meeting and the ministerial meeting, which were postponed from December 1 to December 5. The reason for the postponement was the participation of several ministers in the Kuwaiti summit.
Earlier, Bloomberg reported that the key OPEC+ countries have begun discussions about a possible further postponement of the oil production increase scheduled for January. According to the agency, the countries doubt that the market situation allows them to increase production in January and may postpone these plans for several months.
Ukrainian athlete Yaroslava Maguchikh has been named the World Athlete of the Year in the category of female athletes competing in non-running disciplines, the National Olympic Committee (NOC) has announced.
“This year was a special one for Yaroslava: she became an Olympic champion; set a world record in the high jump (2.10 m); became a European champion; won the Diamond League final,” the NOC wrote in a telegram.
Jaroslawa Maguchikh has already won the award for the world’s best athlete in the Rising Star category.
This year’s award ceremony took place in Monaco.
Number of refugees from Ukraine in selected countries as of 31.08.2024
Open4Business.com.ua
Population structure of Ukraine (data from Ukrainian institute of future)
Open4Business.com.ua
Rush LLC, the owner of the EVA network in Ukraine, will allocate UAH 179.1 million of its net profit for the third quarter of 2024 to pay dividends.
According to the company’s announcement in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the sole member of the LLC made the decision on November 28.
Thus, the distribution of 50% of the net profit received in the third quarter of 2024 – UAH 179.1 million out of the total profit of UAH 358.3 million – was approved for the payment of dividends. Dividends will be paid no later than six months after the decision is made.
Earlier, in September, the company allocated UAH 133.8 million of its net profit for the second quarter of this year to pay dividends, and in July – UAH 148.8 million of its profit for the first quarter.
Rusch LLC, which manages the EVA network, was founded in 2002. As of June 31, 2024, the chain had 1080 operating stores.
According to Opendatabot, the owner of Rush LLC is Cyprus-based Incetera Holdings Limited (100%), with Ruslan Shostak and Valeriy Kiptyk as the ultimate beneficiaries.
At the end of 2023, the company’s revenue increased by 33.7% to UAH 21 billion compared to 2022, net profit by 26% to UAH 2.2 billion, and asset value by 45.2% to UAH 15.03 billion. In 2023, EVA paid UAH 2.02 billion in taxes and fees to the budgets of all levels.
