In 2024, Agrotrade harvested more than 236 thsd tonnes of grains and oilseeds, the company’s press service reported on Facebook.
According to the report, the harvest of wheat amounted to 95.5 thousand tons, corn – 53 thousand tons, winter rapeseed – 38.3 thousand tons, sunflower – 36.6 thousand tons, soybeans – about 13 thousand tons, hemp – 96 tons, barley – 78 tons.
“This year, soybeans suffered the biggest yield losses, in particular, due to drought. In general, abnormal weather conditions affected all crops, but we are satisfied with the results of the season. Rapeseed and corn even outperformed the forecasts, while sunflower and wheat yields remained within the plan,” said Oleksandr Ovsyanyk, Director of Agrotrade’s Agricultural Department.
The agricultural holding is confident that due to effective management, adaptation of technologies and professionalism, it will be able to maintain stable positions in the agricultural market.
Agrotrade Group is a vertically integrated holding company with a full agro-industrial cycle (production, processing, storage and trade of agricultural products). It cultivates over 70 thousand hectares of land in Chernihiv, Sumy, Poltava and Kharkiv regions. Its main crops are sunflower, corn, winter wheat, soybeans and rapeseed. It has its own network of elevators with a one-time storage capacity of 570 thousand tons.
The group also produces hybrid seeds of corn and sunflower, barley, and winter wheat. In 2014, a seed plant with a capacity of 20 thousand tons of seeds per year was built on the basis of Kolos seed farm (Kharkiv region). In 2018, Agrotrade launched its own brand Agroseeds on the market.
The founder of Agrotrade is Vsevolod Kozhemiako.
As of October 25, farmers in all regions of Ukraine have harvested 63.7 million tons of new crops from 18.1 million hectares, up from 62.2 million tons from 17.7 million hectares a week earlier.
As reported by the Ministry of Agrarian Policy and Food on Friday, 45.1 million tons (42.8 million tons) of grains and pulses, 18.6 million tons (18 million tons) of oilseeds and 8.3 million tons (6.5 million tons) of sugar beets have already been harvested.
The Ministry specified that the harvest of wheat has been completed, with 22.3 million tons harvested from 4.9 million hectares at a yield of 42.4 c/ha, barley – 5.5 million tons from 1.4 million hectares at a yield of 39.2 c/ha, peas – 465.3 million tons from 212.2 thousand hectares at a yield of 21.9 c/ha, and rapeseed – 3.5 million tons from 1.3 million hectares at a yield of 27.3 c/ha.
Corn harvesting continues with 15.4 million tons (13.2 thousand tons a week earlier) from 2.7 million hectares (67% of the plan), buckwheat – 126.9 thousand tons (124.8 thousand tons) from 87.5 thousand hectares (98%), millet – 159.5 thousand tons (158.9 thousand tons) from 85.1 thousand hectares (92%).
The oilseeds harvest is nearing completion in Ukraine. In particular, 5.6 mln tonnes of soybeans have been harvested (5.2 mln tonnes a week earlier) from 2.5 mln hectares (93%), and 9.5 mln tonnes of sunflower from 4.6 mln hectares (94%).
At the same time, the leaders in grain harvesting are farmers in Odesa region who threshed 4.4 mln ha, Poltava region – 4 mln tons, and Vinnytsia region – 3.3 mln tons. In terms of yields, the leaders are farmers in Khmelnytsky region with 68.3 c/ha, Ternopil region – 64.9 c/ha, and Chernihiv region – 63.5 c/ha.
Bulgaria is interested in importing sunflower seeds, wheat, corn and milk powder from Ukraine, said Nikolay Nenchev, Chargé d’Affaires of the Embassy of the Republic of Bulgaria in Ukraine, during a meeting with Taras Vysotsky, acting Minister of Agrarian Policy and Food of Ukraine.
According to the press service of the Ministry of Agrarian Policy and Food, Nikolay Nenchev assured that Bulgaria is ready to continue to help and cooperate with Ukraine, to facilitate the transit of Ukrainian agricultural products to the country’s seaports.
Vysotsky, for his part, noted that Ukraine highly appreciates cooperation with Bulgaria and its assistance in exporting agricultural products.
“Ukraine and Bulgaria have always had a constructive dialog on various issues. This contributes to the strengthening of bilateral relations between Ukraine and Bulgaria,” the acting minister summarized.
The Ukrainian Grain Association (UGA) has lowered its estimate of the potential harvest of grains and oilseeds in 2024 by 2.8 million tons compared to the previous forecast, to 71.8 million tons, the association’s press service reports.
“The current forecast is based on the average weather conditions over the past five years, so the improvement or deterioration of these conditions in spring and summer make adjustments. Another decrease in the harvest forecast for the new season was caused by the hot and dry weather in Ukraine in July this year, which negatively affected the potential yield of late grains and oilseeds,” the report says.
According to experts, under such conditions, exports in the new season 2024/2025 will amount to 41 mln tons, which is 2.5 mln tons less than the previous forecast. Last season, which ended on June 30, according to the UGA, the export of grains and oilseeds amounted to 57.5 mln tons of grains and oilseeds. Thus, the drop in exports compared to the previous season could be more than 16 million tons.
The UGA estimates the wheat harvest in 2024 at 19.8 mln tons (22 mln tons in 2023). Potential exports of wheat in 2024/2025 MY may amount to about 13 mln tonnes, taking into account that at the beginning of the season carry-over stocks amounted to almost 1 mln tonnes.
The UGA pointed out that the consumption of wheat in Ukraine has decreased due to the war and significant outflow of population abroad. According to the Ministry of Agrarian Policy of Ukraine, wheat consumption decreased from 8 mln tons to just over 6 mln tons.
According to the UGA, the barley harvest in 2024 may reach 4.95 mln tonnes, which is 350 thsd tonnes more than the previous estimate (5.8 mln tonnes in 2023), and potential exports in 2024/2025 MY are expected to reach about 2 mln tonnes (last year barley exports amounted to almost 2.5 mln tonnes).
Expectations for the corn harvest in the new season are deteriorating due to the prolonged dry period in a number of regions. The UGA estimates the corn harvest at 23.4 million tons, which is 2.1 million tons lower than the previous estimate and 6.2 million tons less than last year’s harvest of 29.6 million tons. At the same time, potential exports may amount to about 18.5 mln tons (last season, exports amounted to 29.3 mln tons, in particular due to carry-over corn stocks).
The sunflower harvest in 2024 can be expected at 12.8 mln tons, which is 0.9 mln tons lower than the previous estimate (2023 – 14.2 mln tons). Potential exports could reach up to 250 thsd tonnes, while sunflower crushing for vegetable oil could reach 12.5 mln tonnes. Last season, the processing amounted to 13.5 mln tons.
In 2024, the UGA expects the rapeseed harvest to reach 4.3 mln tonnes (4.5 mln tonnes in 2023), while the exports in 2024/2025 MY will be 3.4 mln tonnes (3.7 mln tonnes in the current season).
As for soybeans, despite the fact that farmers have increased the area under the crop, unfavorable weather conditions will not allow to get a bigger harvest due to lower yields, experts believe. According to their estimates, the soybean harvest can be expected in 2024 at 4.8 mln tonnes, which is 0.7 mln tonnes less than the previous estimate (4.9 mln tonnes in 2023). Potential exports in 2024/2025 MY may reach 3.5 mln tonnes (last season – almost 3 mln tonnes).
As reported, in 2023, the UGA estimated the harvest at 82.8 mln tons of grains and oilseeds.
Ukraine in the 2023-2024 marketing year, ending June 30, 2024, exported 57.5 million tons of grains and oilseeds from a harvest of 82.8 million tons, with transitional stocks of about 7 million tons, the Ukrainian Grain Association (UGA) said.
“Last season, the most important factor for Ukrainian grain exports was the opening of the Ukrainian Humanitarian Corridor, which allowed exports by sea from the deep-water ports of Odessa. The second most important factor was the introduction by Ukraine together with international partners of a working mechanism of insurance of ships entering Ukrainian ports, which reduced the cost of exporters and, accordingly, Ukrainian agricultural producers on export logistics”, – said the association.
According to UZA analysts with reference to the information of the State Customs Service, in monetary terms exports of grains and oilseeds in 2023/2024 MY amounted to $10.76 billion, and exports including products from them, including sunflower oil and other oils, cakes and meal, amounted to $17.86 billion.
Wheat exports totaled 18.4 million tons worth $3 billion, with production of about 22 million tons. The top 3 importing countries of Ukrainian wheat included Spain, which purchased 5.899 million tons, Egypt – 1.721 million tons, Indonesia – 1.515 million tons.
Barley Ukraine supplied abroad almost 2.5 million tons for $376 million, with production of 5.8 million tons. The most active buyers were China – 702 thousand tons, Indonesia – 460 thousand tons, Cyprus – 221 thousand tons.
Last season Ukraine exported 29.3 million tons of corn worth $4.7 billion, while last year’s production was 29.6 million tons. Its main buyers were Spain – 6.011 million tons, China – 4.832 million tons, Egypt – 3.874 million tons.
Nearly 3 million tons of soybeans were sold to other countries for the amount of $1.1 billion, with a harvest of 4.9 million tons. The top 3 buyers were Egypt – 956 thousand tons, Turkey – 674 thousand tons, Germany – 235 thousand tons.
Ukraine exported 57.5 mln tonnes of grains and oilseeds in 2023-2024 marketing year, which ended on June 30, 2024, out of the harvest of 82.8 mln tonnes, while the carry-over stocks amounted to about 7 mln tonnes, the Ukrainian Grain Association (UGA) reported.
“Last season, the most important factor for the export of Ukrainian grain was the opening of the Ukrainian Humanitarian Corridor, which allowed exports by sea from the deep-water ports of Odesa region. The second most important factor was the introduction by Ukraine, together with international partners, of a working mechanism for insuring ships entering Ukrainian ports, which reduced the costs of exporters and, accordingly, Ukrainian agricultural producers for export logistics,” the association noted.
According to the UGA analysts, referring to the information of the State Customs Service, in monetary terms, the exports of grains and oilseeds in 2023/2024 MY amounted to $10.76 bln, and exports including products from them, including sunflower oil and other oils, cake and meal – $17.86 bln.
Wheat exports amounted to 18.4 million tons worth $3 billion, with production of about 22 million tons. The top 3 importing countries of Ukrainian wheat were Spain, which purchased 5.899 mln tons, Egypt – 1.721 mln tons, and Indonesia – 1.515 mln tons.
Ukraine exported almost 2.5 mln tons of barley for $376 mln, against the production of 5.8 mln tons. The most active buyers were China – 702 thousand tons, Indonesia – 460 thousand tons, and Cyprus – 221 thousand tons.
Last season, Ukraine exported 29.3 mln tons of corn worth $4.7 bln, compared to last year’s production of 29.6 mln tons. Its main buyers were Spain – 6.011 million tons, China – 4.832 million tons, and Egypt – 3.874 million tons.
Almost 3 mln tons of soybeans were sold to other countries for $1.1 bln, with a harvest of 4.9 mln tons. The top 3 buyers were Egypt – 956 thsd tonnes, Turkey – 674 thsd tonnes, and Germany – 235 thsd tonnes.
Ukraine exported 3.7 mln tons of rapeseed worth $1.4 bln, compared to last year’s production of 4.5 mln tons. The most active buyers were Germany – 1.226 mln tons, Romania – 609 thsd tonnes, and the Netherlands – 420 thsd tonnes.
