Business news from Ukraine

International research company Corteva Agriscience to raise export of corn seeds from Ukraine to EU by 16 times

The international research company Corteva Agriscience has established export supply chains for corn seeds from Ukraine to the EU, and in the context of the Russian military invasion plans to increase its exports to European countries by 16 times by the end of the year compared to last year.
According to a press release from the company, as of early August, it has already shipped 3,000 tonnes of corn seeds grown at its seed complex in Poltava region to the European Union.
The company clarified that, for security reasons, it suspended the operation of the seed plant immediately after the start of the Russian invasion of Ukraine, but at the initiative of the employees themselves, after some time, resumed the operation of the enterprise. The launch of its work made it possible to provide Ukrainian farmers with seed material that is critical for the sowing campaign.
Corteva, in the context of Russian aggression, also for security reasons, refused to supply seeds of Ukrainian production by land to the countries of the Caucasus and Central Asia, but expanded logistics to the EU as much as possible.
“On the production lines of the Corteva plant in Ukraine, high standards of seed production have been introduced, which allow us to produce goods that meet all the quality criteria adopted in the EU. Seeds are controlled by many indicators at all stages of production – from field to bag, and meet the maximum requirements of both Ukrainian, and foreign farmers choosing Corteva genetics,” the company said.
Earlier, in April, the company decided to leave the Russian market due to the military aggression of the Russian Federation against Ukraine.
Corteva Agriscience is a global agricultural company. It offers farmers comprehensive solutions to maximize yields and profitability. It has more than 150 research facilities and more than 65 active ingredients in the portfolio.

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CANADA SENDS 140 TONNES OF BUCKWHEAT SEEDS TO UKRAINE

Ukraine, at the request of the Ministry of Agrarian Policy and Food of Ukraine, will receive 140 tonnes of buckwheat seeds, the vessel with the cargo was sent by the Canada-Ukraine Foundation (Canada), Ambassador of Ukraine to Canada Yulia Kovaliv wrote on Facebook on Monday.
The seeding rate of buckwheat is 80-100 kg/ha, respectively, Ukraine can sow 1,120-1,400 ha with seeds received from Canada.
According to the Ministry of Agrarian Policy, by May 12, Ukraine sowed 12,200 hectares with buckwheat, which is 14.9% of the 81,600 hectares planned for this year. Thus, thanks to assistance from Canada, Ukraine can sow 1.3-1.7% of the area planned for this crop.

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CORTEVA AGRISCIENCE OPENS DIRECT EXPORT SUPPLY OF SEEDS FROM UKRAINE

The production seed complex of the international agricultural company Corteva Agriscience, which is located in the village of Stasi (Poltava region), has carried out the first export of seeds directly to Agrodairy, one of the largest agricultural companies in Azerbaijan.
According to a company press release, exporting finished products directly to a foreign producer is the first experience and, in the future, a new direction for the seed complex in Ukraine, which since its founding in 2013 has been focused on meeting the local needs of Ukrainian producers and the internal needs of the company.
“Until that time, seeds were exported internally to Corteva Agriscience European production sites, mainly to Romania and Italy, for further processing, packaging and sales by local teams,” the company explained.
Corteva plans to expand exports from Ukraine to other countries. In the future, the company also plans to export seeds to Kazakhstan, Uzbekistan and Kyrgyzstan, and after introducing Ukraine in the list of countries from which it is allowed to import seeds to the European Union, to supply seeds to Europe.
Corteva Agriscience is a global agricultural company that offers farmers comprehensive solutions to maximize yields. The company has more than 150 research facilities and more than 65 active substances in the portfolio.
Corteva Agriscience in 2019 completed the separation from DowDuPont. Corteva Agriscience has been listed on the New York Stock Exchange since June 2019 under the symbol CTVA.

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NEW ELEVATOR COMPLEX FOR 15,000 TONNES OF SEEDS OPENS IN LVIV REGION

Private enterprise Zakhidny Bug (Lviv region) has put into operation an elevator complex with a capacity of 15,000 tonnes of seeds in Brody, Lviv region, according to the website of Lviv Regional State Administration. According to the report, the new elevator complex consists of eight silos with a capacity of 500 tonnes each. “Every year Zakhidny Bug invests about UAH 25 million in construction, which is production facilities or social infrastructure for its own employees,” deputy director of the company Yuriy Odnorih said.
Lviv Regional State Administration stated over the past three years, starting in 2016, almost 200 new production facilities have opened in the territory of Lviv region.
Zakhidny Bug, founded in 2003, is engaged in cultivation, storage and sale of grains, technical and fodder crops. It rents 36,000 hectares of land in Lviv and Volyn regions. An agrochemical laboratory has been working within the enterprise since 2011. Agronomists-analysts develop a plant nutrition system on the basis of laboratory studies.

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