Kernel, one of the largest Ukrainian agricultural groups, in the fiscal year of 2018 (FY, July-June), reduced grain sales by 8.2% compared to the previous FY, to 4.646 million tonnes. According to the company’s website, sales of bulk sunflower oil in the 2018 FY increased by 20.1%, to 1.301 million tonnes, bottled sunflower oil decreased by 9.7%, to 118.6 million liters.
During this period, the holding processed 3.136 million tonnes of sunflower seeds, which is 6% more than in the 2017 FY.
In April-June of the 2018 FY sales of bulk oil increased by 37.3%, to 386,640 tonnes, bottled sunflower oil decreased by 16.3%, to 32.8 million liters compared to the same period last year.
Grain sales in the fourth quarter of the 2018 FY rose by 64.3% over the same period last FY, to 1.573 million tonnes.
Grain transshipment at the group’s export terminals in the 2018 FY decreased by 0.6%, to 6.06 million tonnes, in the fourth quarter it increased by 12.6%, to 1.61 million tonnes.
Kernel is the world’s largest producer and exporter of sunflower oil, the leading producer and supplier of agricultural products from the Black Sea region to the world markets.
PJSC Agrarian Fund sold 700 tonnes of grain, 34,200 tonnes of flour and 103,000 tonnes of mineral fertilizers in April-June 2018, the Ministry of Agrarian Policy and Food reported on the website. In the second quarter of this year, the Agrarian Fund’s revenue amounted to UAH 1 billion, the company’s net profit after the payment of corporate profit tax was UAH 2.2 million against an expected loss of UAH 28 million, it said.
The ministry says that flour was sold by the Agrarian Fund in wholesale and retail batches, including in retail outlets under its own brand.
Risoil S.A. increased grain transshipment by 20,000 tonnes of grain per day, to 1.64 million tonnes, in the 2017/2018 marketing year (July 2017 through June 2018).
“Risoil increased oil transshipment by 11% as compared to last season. As for grain and products of processing, the results stably exceeded planned 1.5 million tonnes. The group transshipped 1.62 million tonnes of grain plus products of processing in the 2016/2017 season and 1.64 million tonnes in the 2017/2018 MY,” the group said in a post on its Facebook page.
Risoil S.A. was established in Geneva (Switzerland) in 2000. Its core business is logistics of oil, bulk and general cargo in the ports of the Black Sea, sale and production of vegetable oils, trade in grain and oilseeds in containers, storage and processing of agro-industrial products.
Risoil Terminal in Chornomorsk seaport was commissioned in 2016.
Ukraine by July 6 harvested 6.2 million tonnes of early grain and legumes from 2.09 million hectares (22% of the planned area) with a yield of 2.96 tonnes per hectare.
In particular, farmers harvested 3.77 million tonnes of winter wheat from 1.26 million hectares (20% of the forecast) with a yield of 3 tonnes per hectare, 4,900 tonnes of spring wheat from 1,900 hectares (1%) with a yield of 2.51 tonnes per hectare, Ukraine’s Ministry of Agrarian Policy and Food said on Friday.
Some 2.11 million tonnes of winter barley was harvested from 631,500 hectares (76%) with a yield of 3.35 tonnes per hectare, 138,900 tonnes of spring barley from 73,900 hectares (5%) with a yield of 1.88 tonnes per hectares, and 171,500 tonnes of peas from 126,800 hectares (30%) with a yield of 1.35 tonnes per hectare.
In addition, 22 regions continue winter rapeseed harvesting: they have already threshed 756,300 tonnes of rapeseeds from 353,400 hectares (36% to the forecast) with a yield of 2.14 tonnes per hectare.
As of July 6, the harvesting campaign was under way in almost all regions of Ukraine, except for Kharkiv and Chernihiv regions.
The ministry predicts Ukraine will harvest over 60 million tonnes of grain in 2018. Last year, some 61.3 million tonnes of grain was gathered.
Exports of grain from Ukraine since the beginning of the 2017/2018 agricultural year (July-June) and as of June 20 amounted to 38.63 million tonnes, which is 4.2 million tonnes less than on the same date a year earlier, the Ministry of Agrarian Policy and Food has said.
According to the report, in particular, wheat exports amounted to 16.84 million tonnes (432,000 tonnes less from the previous agri-year), exports of maize to 17.37 million tonnes (2.59 million tonnes less), barley to 4.21 million tonnes (1.08 million tonnes less).
Rye exports totaled 36,800 tonnes (30,200 tonnes more) and exports of flour amounted to 412,200 tonnes (45,200 tonnes more).
As reported with reference to the ministry, Ukraine in the 2016/2017 agri-year exported 44.441 million tonnes of grain.
The grain harvest forecast in Ukraine remains at the level of 2017 – 60 million tonnes and more, despite that some regions in the south and east of the country have no rains, Ukraine’s Agricultural Policy and Food Ministry has reported. According to the report, since early April there were cases of drought in Ukraine, although rains in June stabilized the situation and brought most of the regions from the risk zone. “Rains have started and we expect that in general, gross early and late grain crop harvest will be at the level of the last year,” First Deputy Minister Maksym Martyniuk said.
He said that good hibernation of winter crops and moisture stock positively influenced the start of the harvesting campaign, and no plunge in the yield is expected.
As reported, Ukraine as of June 18, 2019 harvested first 10,500 tonnes of winter wheat.
