Business news from Ukraine

Business news from Ukraine

“Agrotrade” fulfilled its grain storage plan by 87%

Plan of stocking of Agrotrade group’s elevators as of mid-March is fulfilled by 87%: the holding’s granaries received 425 thousand tons of grain.
“This year we have the best indicator for the harvesting of early grains, which includes wheat, rape, rye, barley and mustard. It reached 115 percent execution,” the company said on Facebook Wednesday.
She pointed out that the second place is taken by oilseeds: the company’s elevators received 82.5% of the planned harvest of sunflower and soybeans, and the plan to harvest corn was fulfilled by 73%.
It is specified that traditionally the elevators of Agrotrade Group accepted grain both grown on their own farms and from third-party depositors.
It is noted that thanks to the purchase of powerful generators for elevators the Group was able to solve the problem of power supply, which was acute this season.
“In the end, considering all the difficulties, we are satisfied with the results of the season,” Konstantin Vorona, director of the production and technical department of Agrotrade Group, was quoted in the report.
Agrotrade Group is a vertically integrated holding of a complete agricultural cycle (production, processing, storage and trade of agricultural products). It cultivates over 70 thousand hectares of land in Chernigov, Sumy, Poltava and Kharkov regions. Profile crops – sunflower, corn, winter wheat, soybeans and rapeseed. It has its own network of elevators with a single storage capacity of 570,000 tonnes.
The Group also produces hybrids of corn and sunflower seeds, barley and winter wheat. A seed plant with an annual capacity of 20,000 tons of seeds was built on the basis of the Kolos seed farm (Kharkiv region) in 2014. In 2018, Agrotrade launched its own brand Agroseeds on the market.
The founder and CEO of Agrotrade is Vsevolod Kozhemyako.

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UKRAINE MAY NEED MOBILE GRAIN STORAGE DUE TO EXPECTED SHORTAGE OF STORAGE CAPACITY

Ukraine would be grateful to Germany for assistance in unblocking the export of agricultural products and organizing mobile grain storage facilities due to the expected shortage of storage capacity this autumn, Prime Minister Denys Shmyhal said at a meeting with Federal Minister for Food and Agriculture of Germany Chem Ozdemir.
“According to preliminary estimates, in October we may not have enough storage facilities to store crops for 10-15 million tons. The Ministry of Agrarian Policy is considering the possibility of organizing mobile storage facilities,” he wrote in a telegram on Saturday.
Shmyhal stressed that Russia is deliberately destroying agricultural facilities, such as Ukraine’s second largest grain terminal in Nikolaev a few days ago.
In early June, the Ukrainian Grain Association (UGA) increased the forecast for grain and oilseeds harvest in Ukraine this season by 5.2% compared to the April forecast – up to 66.5 million tons.

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UKRAINIAN PROMETEY TO BUY GRAIN STORAGE IN KHARKIV REGION

Prometey Group has acquired an elevator (Zolochiv, Kharkiv region), designed for a one-time storage of 30,000 tonnes of grain, the asset will strengthen the position of the grain trader in Kharkiv region, which is profitable for agribusiness, the company’s website says. “Thanks to the Zolochiv elevator complex, we want to provide farmers with a new quality of services, including the services of Agromarket. Due to the new asset, Prometey Group plans to strengthen its position in Kharkiv region,” regional director of the elevator direction Dmytro Maksymenko said.
Prometey clarified that the Zolochiv elevator with a simultaneous storage capacity of 30,000 tonnes is certified for storage of grain and oilseeds. The complex has a grain-cleaning separator with a capacity of 100 tonnes/hour, and grain dryers with a capacity of 64 tonnes/hour.
The capacity of unloading grain by the elevator to railway transport is 400 tonnes/day, and the granary is also equipped with three truck unloaders. Weighing is carried out on scales with a carrying capacity of 60 tonnes and a platform length of 16 meters.
The company noted that the decision to expand the presence of Prometey at the expense of Kharkiv region is dictated by the high technical efficiency of agriculture in this region. The company referred to the studies of the Institute of Agricultural Development in Transition Economies (IAMO) and the Ukrainian Agribusiness Club association according to which Kharkiv region is one of the “references” for agricultural activities, and the stable growth of acreage and production of agricultural products favorably influences the development of the elevator industry.
Prometey recalled the Agromarket program, operating on the basis of each elevator in the chain, and allowing the company’s client farmers to purchase the necessary agricultural goods in one place, including on the security of the future harvest.

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NIKA-TERA MARINE TERMINAL INCREASES GRAIN STORAGE CAPACITY BY 1.8 TIMES

Nika-Tera marine terminal (Mykolaiv), part of Group DF of Dmytro Firtash, has increased its storage capacity by 1.8 times, to 515,000 tonnes of grain, according to a press release from the port. “To maximize the effective processing of the new harvest maize, the storage capacity was significantly increased, which as a result amounted to 515,000 tonnes. Today, these are the largest port capacities by the volume of one-time storage in the ports of Mykolaiv region and the second largest among the ports of Ukraine,” Nika-Tera Operation Director Ihor Hrydnev said.
Cargo turnover at Nika-Tera terminal as of August 29, 2018 was 3 million tonnes. Since the beginning of the year, 180 vessels have been handled at the port.
In the structure of processed goods for the specified period, the share of grain, leguminous crops and oilseeds was 59%, bulk cargo stood at 36%, and fertilizers at 5%. “Traditionally grain remains the main type of cargo for the port. For the first two months of the new marketing year, 32 vessels with grain were handled at the port, the volume of transshipment was 484,000 tonnes,” the expert said.
Nika-Tera is a highly mechanized sea terminal that is part of the Group DF port business.

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