Business news from Ukraine

Business news from Ukraine

“Agrotrade” harvested over 236 thsd tonnes of grains and oilseeds in 2024

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.

, ,

Grain harvest in Ukraine in 2025/26 MY at level of 60 mln tons, oilseeds – 24 mln tons – forecast

Ukraine’s grain harvest in 2025-2026 marketing year will be at the level of 55-65 million tons, grain exports – 40-50 million tons, and oilseeds harvest will also exceed last year’s and is expected to be at the level of 24 million tons, predicts Sergiy Feofilov, general director of information and analytical agency UkrAgroConsult.

“Rapeseed and sunflower will remain the most marginal, while corn will show stable margin growth due to the recovery of demand,” he explained in an interview published on the agency’s website.

The expert believes that in 2025 agrarians will emphasize the development of processing and increase exports of value-added products (oil, meal, flour, fodder), which will reduce dependence on logistics costs and increase revenues.

According to Feofilov, the focus of trade will shift to North Africa, Asia and the Middle East, where demand for grains and oilseeds is growing, and Ukraine can respond to these challenges by expanding its markets.

The head of “UkrAgroConsult” expressed confidence that this year the key issues for Ukrainian farmers will remain the increase in the share of high value-added products in exports, trends in the growth of lending to farms, adaptation of agricultural technologies to climate change, rising prices for resources and increasing number of sudden requests.

The issues of security, energy independence, increasing the profitability of farmers, adaptation to environmental standards, harmonization of Ukrainian legislation to European legislation, international cooperation, restoration and improvement of logistics chains will also be relevant, summarized Feofilov.

, ,

Ukrainian farmers harvested almost 69 mln tons of grain and oilseeds

As of November 8, farmers in all regions of Ukraine have harvested more than 68.9 million tons of new crops from 18.9 million hectares, compared to 66.7 million tons and 18.6 million hectares a week earlier.
As reported by the Ministry of Agrarian Policy and Food on Friday, 49.9 million tons (47.2 million tons) of grains and 19 million tons (18.8 million tons) of oilseeds have already been harvested.
The ministry said that wheat harvesting has been completed, with 22.3 million tons harvested from 4.9 million hectares at a yield of 42.4 c/ha, barley – 5.6 million tons from 1.4 million hectares at a yield of 39.2 c/ha, peas – 470.4 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 20.2 mln tons (18.3 mln tons a week earlier) from 3.3 mln hectares (83% of the plan), buckwheat – 127.2 thou tons (126.9 thou tons) from 87.8 thou hectares (99%), millet – 160.3 thou tons (160.2 thou tons) from 86.5 thou hectares (93%).
Agrarians in 16 regions are harvesting sugar beets, which have been dug on an area of 223.2 thousand hectares (87%), with 10.7 million tons of sweet roots.
The harvest of oilseeds is nearing completion in Ukraine. In particular, 5.8 mln tons of soybeans have been harvested (5.73 mln tons a week earlier) from 2.5 mln hectares (96%), and 9.7 mln tons of sunflower (9.599 mln tons) from 4.7 mln hectares (95%).
At the same time, the leaders in grain harvesting are farmers in Odesa region, who threshed 4.4 mln ha, Poltava region – 4.1 mln tons, and Chernihiv region – 4 mln tons.

, ,

Ukraine harvested 63.7 mln tons of grains and oilseeds

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.

, ,

“TAS Agro” has completed harvesting of oilseeds, yield exceeded targets

TAS Agro Agro Agro Holding has completed the harvesting of oilseeds in the 2024 season from 34.1 thousand hectares, the yield exceeded the targets for 2024 and was higher than the average for Ukraine, the press service of the agricultural holding reported on its Facebook page.
According to the report, at the end of September, TAS Agro completed sunflower harvesting, harvesting more than 43.6 thousand tons from an area of 17.7 thousand hectares, and soybeans from an area of 16.4 thousand hectares weighing 37.2 thousand tons.
“This year, late summer and early fall were abnormally dry, which had a negative impact on the yield of oilseeds throughout Ukraine. Today, there is a shortage of sunflower seeds on the market, which affects price growth and the overall situation on the agricultural market. In general, we carried out our autumn field work in an extremely narrow time corridor, but we did a great job,” said Oleg Zapletnyuk, CEO of TAS Agro.
Currently, the agricultural holding continues to harvest corn and is completing the sowing of winter wheat on an area of 22.7 hectares.
In addition, in 2024, TAS Agro almost doubled its winter rapeseed sowing, from 8 to 15 thousand hectares. Winter rapeseed has already sprouted and autumn chemical protection measures are underway. The agroholding expects favorable weather and good germination of winter wheat.
Taking into account the experience of 2024, the company will continue to implement the updated strategy, providing the clusters with the necessary amount of new agricultural machinery,” TAS Agro summarized.
TAS Group was founded in 1998. Its business interests include the financial sector (banking and insurance segments) and pharmacy, as well as industry, real estate, and venture capital projects.
Before the war, TAS Agro Group cultivated 83 thousand hectares in Vinnytsia, Kyiv, Kirovohrad, Chernihiv, Mykolaiv, Sumy, Kherson, and Dnipro regions, where it grows soybeans, sunflower, rapeseed, wheat, barley, and corn. In addition, the agricultural holding is engaged in dairy farming (up to 5.5 thousand heads of cattle) and owns six elevators with a one-time storage capacity of 250 thousand tons.
The founder of TAS is Sergey Tigipko.

, , , ,

Ukraine processed record 17.4 mln tons of oilseeds

In 2023-2024 marketing year, Ukraine processed a record 17.4 mln tons of major types of oilseeds, including 14.8 mln tons of sunflower, 1.6 mln tons of soybeans and one million tons of rapeseed, according to the industry association Ukroliyaprom.
“The production and export volumes of sunflower oil not only reached but exceeded some pre-war periods. (…) The increase in sunflower oil production was facilitated by significant processing of sunflower seeds at domestic facilities due to a significant reduction in exports, which decreased by 83.4% or 1.5 million tons,” analysts said.
According to their information, in 2023/2024 MY the total volume of sunflower seeds crushed into oil was 14.8 mln tonnes, up 1.3 mln tonnes compared to the previous year.
At the same time, the production and export volumes of sunflower oil amounted to 6.6 mln tonnes and 6.2 mln tonnes, respectively, which was the second result in the industry’s history. Compared to the pre-war 2020/2021 MY, the production and export volumes of sunflower oil in 2023/2024 MY increased by 13.7% and 17%, respectively.
Ukroliyaprom noted that for the first time since independence, Ukraine processed 1.0 mln tons of rapeseed, which accounted for 22.3% of the total harvest in 2023. The production of rapeseed oil reached a record high of 430 thsd tonnes for Ukraine.
This is 0.8 mln tonnes more than in the previous periods, despite the fact that rapeseed is considered to be the main export-oriented agricultural raw material, the industry association said, adding that the export of rapeseed oil in 2023/24 MY reached the record level of over 424 thsd tonnes.
Ukroliyaprom pointed to the continued growth of soybean and meal oil production and exports by 22% and 29%, respectively.

,