Business news from Ukraine

LARGEST SUGAR PRODUCER IN UKRAINE PURCHASES 20 JOHN DEERE TRACTORS

Astarta agricultural holding, the largest sugar producer in Ukraine, has contracted 20 new 8R Series John Deere tractors’ engine range 320-370 horsepower equipped with AgriChain Farm production management modules, the company said in a press release.
“ASTARTA uses AgriChain as a single data system for agribusiness management, which is why the capability to integrate data from machinery with AgriChain modules is one of the key determinants in selecting the model and producer of the tractors,” Head of the Agriculture Division of the company Vadym Skrypnyk said.
The company said that during the operation of John Deere tractors, an open platform My John Deere collects and analyzes their telemetry data, which enables to monitor in real time technological operations, energy use, workload, idle periods and their causes, thereby providing management with the opportunity to receive a comprehensive range of data for agricultural production management.
According to Astarta, during the implementation of the second stage of its five-year investment program aimed at upgrading its agricultural machinery, the first seven units have already been received in 2021. The remaining 13 will be supplied soon. In 2020, the company purchased 31 John Deere tractors.
Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine.

,

UKRAINE TO START DISTRIBUTION OF TARIFF QUOTA FOR SUGAR FROM FEB 5

From February 5, 2021, the Economy Ministry will start accepting applications as part of the distribution of the tariff quota for the import of raw cane sugar into Ukraine among importers.
As reported on the website of the Economy Ministry on Monday, the quota for the import of raw sugar in 2021 was set at 260,000 tonnes.
According to the State Statistics Service, in 2020, Ukraine imported 1,880 tonnes of sugar for $1.8 million, which is 39.2% and 9.8% more compared to 2019. Export of sugar from Ukraine in the past year amounted to 150,600 tonnes in quantity terms and $59.34 million in monetary terms, having decreased compared to 2019 by 30.3% and 36.4%, respectively.
According to the National Association of Sugar Producers Ukrtsukor, as of January 12, sugar production in Ukraine in the 2020/2021 marketing year amounted to 1.021 million tonnes, while the forecast for the entire marketing year was of 1.2 million tonnes, which is 15% less than in 2019/2020 marketing year. In this marketing year, 30 sugar factories operated in the country, which processed 7.7 million tonnes of sugar beet.

, ,

ASTARTA INCREASES SUGAR SALES IN Q4, 2020

Astarta, the largest sugar producer in Ukraine, in October-December 2020 increased sugar sales by 33% compared to the same period in 2019, to 81,180 tonnes with a 37% increase in its price, to UAH 13,240 per tonne.
As the company reported on the Warsaw Stock Exchange, sales of corn increased by 17%, to 294,560 tonnes, with a price increase of 19%, to UAH 4,860 per tonne, while wheat fell 81.8%, to 6,640 tonnes with a 34% rise in price, to UAH 5,590 per tonne.
Sales of sunflower seeds in October-December 2020 decreased by 38%, to 31,710 tonnes, soybean oil by 20%, to 8,510 tonnes, and soybean meal decreased by 12%, to 39,380 tonnes. At the same time, all these products also significantly increased in price, in particular sunflower by 22%, to UAH 10,160 per tonne, soybean oil by 49%, to UAH 25,490 per tonne and soybean meal by 51%, to UAH 12,700 per tonne.
According to the company, sales of milk in the fourth quarter of 2020 increased by 2%, to 22,230 tonnes with a price increase of 10% to UAH 11,310 per tonne.
The multiplication of these indicators leads to a sales volume of UAH 3.834 billion, which is 28.6% more than in the fourth quarter of 2019, in particular sugar sales increased by 82.1%, to UAH 1.075 billion, corn by 39.4%, to UAH 1.430 billion.
Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine. It includes eight sugar factories, agricultural enterprises with a land bank of 243,000 hectares and dairy farms with 25,000 animals, seven elevators, a biogas complex and a soybean processing plant in Poltava region (Globino Processing Plant LLC).
As reported, the net loss of Astarta in the first nine months of 2020 amounted to EUR 4.72 million versus EUR 1.93 million of net profit in the same period in 2019.

, ,

UKRAINE PRODUCES ALMOST 900,000 TONNES OF SUGAR BY DEC 4

Sugar production in Ukraine as of December 3 amounted to 894,700 tonnes.
According to a report on the website of the National Association of Sugar Producers Ukrtsukor, as of this date, 30 sugar factories operate in the country, which processed 6.75 million tonnes of sugar beet.
As earlier reported with reference to Ukrtsukor, the sugar beet processing season started in the country on September 5.
Sugar production in Ukraine in 2020 is forecasted at 1.2 million tonnes, which is 15% less than a year earlier.
As of November 30, 2020, Ukrainian agricultural producers harvested 9 million tonnes of sugar beet from an area of 212,200 hectares (98%).

,

UKRAINE PRODUCES 703,000 TONNES OF SUGAR BY NOV 16

Sugar production in Ukraine as of November 16 amounted to 702,900 tonnes.
According to a report on the website of the National Association of Sugar Producers Ukrtsukor, as of the indicated date, 30 sugar factories were operating in the country, which have processed 5.34 million tonnes of sugar beets.
As reported with reference to Ukrtsukor, the sugar beet processing season in the country started on September 5.
Sugar production in Ukraine in 2020 is projected at 1.2 million tonnes, which is 15% less than a year earlier.
As of November 12, 2020, Ukrainian agricultural producers harvested 6.7 million tonnes of sugar beets from an area of 161,600 hectares (75%).

UKRAINE PRODUCES ALMOST 600,000 TONNES OF SUGAR BY NOV 9 – UKRTSUKOR

Sugar production in Ukraine as of November 9, 2020 amounted to 594,600 tonnes.
According to the website of the National Association of Sugar Producers Ukrtsukor, as of the indicated date, 30 sugar refineries operate in the country, which refined 4.03 million tonnes of sugar beet.
As it was reported with reference to Ukrtsukor, the sugar beet refining season started in the country on September 5.
Sugar production in Ukraine in 2020 is expected at the level of 1.2 million tonnes, which is 15% less than a year earlier. It is expected that 33 sugar refineries will operate this season – at the level of the previous year.
According to the State Statistics Service, the sowing area of sugar beet amounted to 218,900 hectares in 2020 – at the level of the previous year.

,