Business news from Ukraine

ALFA SMART AGRO GETS CERTIFICATE TO SUPPLY CORN AND RAPESEEDS TO EU

Alfa Smart Agro has been audited and received an ISCC certificate for the supply of corn and rapeseeds to the EU as raw materials for biofuel, the company has said.
According to a press release, Alfa Smart Agro received the ISCC certificate in a FGP status (first gathering point) and as a trader in rapeseeds and corn.
“Certification for compliance with the ISCC requirements opens up for Alfa Smart Agro the opportunity to supply corn and rapeseeds as raw material for biofuel production to EU countries,” the company noted.
Alfa Smart Agro noted that during the audit, it is not the product itself that is certified, but the process and chain through which it is produced, stored and delivered to the EU markets. Land use is estimated, the amount of greenhouse gas emissions and other indicators are taken into account.
Alfa Smart Agro is a manufacturer of plant protection agents and micronutrients.

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USDA PREDICTS GROWTH IN EXPORTS OF RAPESEEDS FROM UKRAINE BY 19%

Exports of Ukrainian rapeseeds in the 2018/19 agricultural year would reach some 2.5 million tonnes, which is 19% more than a year ago, the United States Department of Agriculture (USDA) has said.
According to an annual report for oilseeds and food of the USDA, in 2016/17 agri-year Ukraine exported around 1 million tonnes of rapeseeds, which is 28% less than a year ago. Over 92% of it was exported to the European Union (EU).
According to the report, from July 2017 through January 2018, the trend has changed, and exports reached 2 million tonnes, which is almost 21% more year-over-year. The EU remained the key consumer and bought almost 1.7 million tonnes (92% of total exports). The EU would remain the main buyer of the new season.
According to the report, EXW prices of rapeseeds in 2018/19 agri-year exceeded FOB prices in the ports of the Black Sea.

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