Business news from Ukraine

Business news from Ukraine

“UPI-AGRO” completes harvesting of late crops: 86% of sunflower and 55% of soybeans have been harvested

The farms of Ukrprominvest-Agro, one of the leading sugar producers in Ukraine, are actively harvesting late crops: 55% of soybean and 48% of corn have been harvested at PJSC Food Company Podillya, and 86% of sunflower and 30% of soybean at Food Company Zorya Podillya, the company’s press service reports on its Facebook page.
“The 2024 season was dry and hot, which led to premature drying and ripening of crops. Therefore, compared to previous years, we decided to start harvesting earlier,” said Yevhen Moskalev, Director of Ukrprominvest-Agro’s Agricultural Production Department.
According to him, this strategy applies to all crops except sugar beet, which has been postponed in anticipation of productive rainfall that will help soften the dry and hard soil for high-quality harvesting with less losses and less load on the harvesters.
The agroholding noted that Podillya has fully harvested its sunflower crop. The company also harvested soybeans on 55% of the area and corn on 48% of the area. On September 17, the sugar beet digging season started.
Zorya Podillya started harvesting early soybeans, followed by sunflower. As of mid-September, 86% of the sunflower area was harvested, 30% of soybeans were harvested, and corn harvesting has begun. Also, on September 10, the company started digging sugar beet in the area of its operations.
The sowing of winter crops for the 2025 harvest began in August-September: 5.7 thousand hectares of rapeseed and 655 hectares of winter rye have already been sown for green fodder for livestock, and winter wheat sowing has begun.
As reported, in 2024, UPI-Agro allocated 72.9 thou hectares for spring crops, including 22.3 thou hectares for sugar beet, 22.7 thou hectares for soybeans, 25.2 thou hectares for corn, and 2.7 thou hectares for sunflower.
“Ukrprominvest-Agro is engaged in growing crops, producing sugar, flour, meat and dairy farming.
The group’s land bank exceeds 116.5 thousand hectares. The agricultural holding is located mainly in regions that have not been invaded by the Russian occupiers.
The total number of cattle of the agricultural holding is 6.3 thousand, pigs – 12 thousand. The total elevator storage capacity of the agricultural holding is 120 thousand tons. The group’s sugar business is represented by two sugar factories in Vinnytsia region. In 2021, the group produced 263.4 thousand tons of sugar, the third highest in Ukraine. The holding supplies grain processing products to Moldova, Georgia, Turkmenistan, Israel, Palestine, Angola, Lebanon, Syria, and Vietnam.
Ukrprominvest-Agro comprises Agroprodinvest Group LLC, PJSC Podillya Production Complex, LLC Zorya Podillya Production Complex, LLC Vinnytsia Bakery No. 2, AF Dniproagrolan, AF Ivankivtsi, LLC Mas-Agro, LLC Pravoberezhne, and LLC Progress-NT.
The owner of the agricultural holding since December 2019 is the son of the former President of Ukraine Oleksiy Poroshenko.

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