Business news from Ukraine

Business news from Ukraine

EVT PORT GRAIN TERMINAL COMPLETES SINKING PILES FOR 20 NEW SILOS

EVT port grain terminal has completed sinking 4,000 piles for erecting 20 grain silos as part of phase three of the development of the terminal, the press service of EVT said on Friday.
“Sinking piles in the ground is the most difficult and time-consuming step in the construction of silos. The advantage of this method is the reliability and stability of the structure, as well as the ability to carry out excavation work in a short time,” the press service said.
As reported, the piles were sunk to a depth of 13 meters. For each silo, 200 piles were driven. Next, the concrete foundation of the future silos was poured.
According to EVT, nine such bases are currently ready. The installation of metal structures and the assembly of the domes of three silos are going on. The dome of the first silo is being prepared for raising.
It is planned that by the beginning of the 2020/2021 agricultural year, the construction of eight silos with a storage capacity of 8,800 cubic meters each will be fully completed.

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UKRAINE EXPORTS 48 MLN TONNES OF GRAIN SINCE START OF MARKETING YEAR

Ukraine since the beginning of the marketing year 2019/2020 (MY, July-June) and as of April 15, 2020 had exported 48.14 million tonnes of grain and legumes, which is 8.45 million tonnes more than on the same date past MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, the country has exported 18.35 million tonnes of wheat, 24.6 million tonnes of corn, and 4.52 million tonnes of barley.
As of April 15 of this year, some 285,920 tonnes of flour had been also exported.
As reported, Ukraine in the 2018/2019 MY exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous MY.

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UKRAINE’S GRAIN HARVEST FORECAST INCREASES TO 94 MLN TONNES, EXPORTS TO 57.2 MLN TONNES

The Ukrainian Grain Association (UGA) in the April report updated its forecast for the harvest of grain and oilseeds in the 2020/2021 marketing year (MY) compared to March, to 94 million tonnes from 92.6 million tonnes.
According to the association’s Thursday press release, the forecast for grain and oilseeds exports for next season is also increased from 55.6 million tonnes to 57.2 million tonnes.
According to the association, in the current marketing year, Ukraine produced 98 million tonnes of grain and oilseeds, exports can reach 60 million tonnes.
The association said that a slightly decrease in the forecast for the harvest of grain and oilseeds in 2020 does not change the upward trend of the last three years, when Ukraine harvested more than 90 million tonnes. In the medium term, gross harvest in the country will approach 100 million tonnes and will continue growing.
The forecast for the harvest and export of wheat in the next marketing year has not changed compared to the March report and will reach 25.8 million tonnes and 18 million tonnes, respectively.
The association said that in 2019, Ukraine had a record-hitting wheat harvest of 28.2 million tonnes, and exports, according to its estimates, will reach 20.2 million tonnes in the 2019/2020 marketing year.
The forecast for corn harvest in the April report of the association increased from 34.3 million tonnes to 36.8 million tonnes, and export for the next season from 27.5 million tonnes to 30 million tonnes. Thus, Ukraine in the 2020/2021 marketing year may break its own record for the current marketing year, when 35.2 million tonnes were harvested with an expected export of about 28.5 million tonnes, the association said.
At the same time, the association decreased the forecast for barley harvest compared to the previous month forecast from 7.96 million tonnes to 6.8 million tonnes, and export for the next season from 4.5 million tonnes to 3.5 million tonnes.
According to its estimates, in the current marketing year in Ukraine, some 9 million tonnes of barley were grown with the planned export of about 4.6 million tonnes.
The Ukrainian Grain Association is an association of producers, processors and large exporters of grain, which annually export about 90% of Ukrainian grain products.

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UKRAINE EXPORTS 44.2 MLN TONNES OF GRAIN SINCE START OF MARKETING YEAR

Ukraine since the beginning of the marketing year 2019/2020 (MY, July-June) and as of March 23, 2020 had exported 44.19 million tonnes of grain and legumes, which is 7.92 million tonnes more than on the same date of the last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, the country has exported 17.42 million tonnes of wheat, 22.03 million tonnes of corn, and 4.22 million tonnes of barley.
As of March 23 this year, some 267,800 tonnes of flour had been also exported.
As reported, Ukraine in the 2018/2019 MY exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous MY.
The U.S. Department of Agriculture (USDA) in March raised its forecast for grain exports in Ukraine for the 2019/2020 MY by 680,000 tonnes compared with the February forecast, to 57.34 million tonnes due to indicators for corn.

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ASCET SHIPPING STEVEDORE INCREASES GRAIN HANDLING IN BERDIANSK SEAPORT BY 62%

The private port operator Ascet Shipping increased the grain handling in Berdiansk seaport to 1.134 million tonnes in 2019, which is 62% more than in 2018 (700,349 tonnes).
According to the company’s press service reported on Tuesday, March 17, the volume of handling by Ascet Shipping in Berdiansk seaport has already exceeded 3 million tonnes since it has been working as a port operator (2016).
According to the company’s report, the port operator handled 1.134 million tonnes of cargo, servicing 161 vessels in 2019.
“In the status of a port operator in Berdiansk seaport, Ascet Shipping invested about $4.3 million of its own funds in the development of infrastructure providing grain export through the berths of Berdiansk port. In particular, a port warehouse complex with a capacity of about 100,000 tonnes, a convoy, and modern laboratories were created. The port’s berths were equipped with new technological handling equipment, which allows loading five grain vessels at the port’s berths at the same time,” the company said.
According to the statement, Ascet Shipping has created more than 300 jobs over three and a half years of work in the status of a port operator.
Ascet Shipping is included in top 30 of the largest stevedoring companies in Ukraine and is the largest port operator of Berdiansk seaport.

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UKRAINE EXPORTS 43 MLN TONNES OF GRAIN SINCE START OF AGRI-YEAR

Ukraine since the beginning of the agricultural year 2019/2020 (July-June) and as of March 13, 2020 had exported 42.94 million tonnes of grain and legumes, which is 8.66 million tonnes more than on the same date of the previous agri-year.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, the country has exported 16.99 million tonnes of wheat, 21.38 million tonnes of corn, and 4.07 million tonnes of barley.
As of March 13 of this year, 263,700 tonnes of flour had been also exported.
As reported, Ukraine in the 2018/2019 agri-year exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous agri-year.
The U.S. Department of Agriculture (USDA) in March raised its forecast for grain exports in Ukraine for the 2019/2020 agri-year by 680,000 tonnes compared with the February forecast, to 57.34 million tonnes due to corn.

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