PAEK Group seeks to buy silo in Ukraine

Pivdenna Agrarian-Export Company (PAEK, Mykolaiv) plans to acquire Buhsky Elevator LLC (Poltava) from one of the largest Ukrainian agricultural holdings Kernel. The Antimonopoly Committee of Ukraine could permit PAEK to acquire a stake in the charter capital of Buhsky Elevator, which will grant over 50% of the votes in the management body of the company.
Source: Antimonopoly Committee of Ukraine


Sugar production in Ukraine amountes to 1.375 million tonnes

Sugar production in Ukraine as of December 17, 2019 amounted to 1.375 million tonnes.
According to the National Association of Sugar Producers, in the 2019/2020 season some 31 sugar plants were operating. They have processed 9.11 million tonnes of sugar beets.
Source: Ukrtsukor, National Association of Sugar Producers


Foreigners not to be able to buy farmland in Ukraine until decision made at national referendum

The parliamentary committee for agricultural and land policy is finalizing the provisions that foreigners would not be able to buy land until the decision to allow this is made at a national referendum, Deputy Head of the Servant of the People parliamentary faction, MP Yevheniya Kravchuk has said.. “Today, the meeting of our faction was held with one issue on the agenda – the introduction of the land market. Discussions continue. But not about whether it is needed or not, but about the parameters of the functioning of the market. And that means that we have come very close to the optimal solution that will suit Ukraine most of all. Namely, the committee for agricultural and land policy is finalizing the provisions that foreigners will not be able to buy land until a decision on this is made at a national referendum,” Kravchuk said. “As for the concentration of land in the hands of one operator, the threshold will be significantly reduced. Discussion is about 10,000-20,000 hectares, which is 90% less than what was proposed for first reading,” Kravchuk said. According to Kravchuk, it is necessary to legislatively limit the possibility of speculation with the resale of land.
Source: Interfax Ukraine


Cattle livestock in Ukraine down, poultry up

Cattle livestock in Ukraine as of December 1, 2019 amounted to 3.38 million animals, which is 5.7% down on the same date in 2018. The number of cows by this date also decreased 5.1%, to 1.86 million head.
The number of pigs as of December 1, 2019, fell by 4.4%, to 6.02 million animals, the number of sheep and goats declined by 3.6%, to 1.35 million animals compared to the same period of 2018.
The number of poultry increased 4.3%, to 232.18 million birds compared with December 1, 2018.
Source: State Statistics Service


U.S. Department of Agriculture raises forecast for export of Ukrainian sunflower oil

The U.S. Department of Agriculture (USDA) in December raised its forecast for the export of sunflower oil from Ukraine in the 2019/2020 marketing year (MY, September-August) by 200,000 tonnes compared to the November forecast, to 6.2 million tonnes, sunflower meal by 100,000 tonnes, to 4.85 million tonnes. The forecast for sunflower exports from Ukraine this month is increased by 50,000 tonnes, to 150,000 tonnes.
As reported, in 2018 Ukraine harvested 13.7 million tonnes of sunflower, 4.4 million tonnes of soybeans, and 2.6 million tonnes of rapeseeds.
Source: USDA


Foreign investments in Ukrainian agriculture increased

For January-November of 2019, foreign investments in the agricultural industry of Ukraine increased by 16.4% compared with the same period last year — from USD 461 million to USD 537 million. The growth rates of foreign investment in the industry are three times higher than the growth rates in the whole Ukrainian economy, said Deputy Minister of Economic Development, Taras Vysotskyi T.Vysotskyi.
Source: Ministry of Economic Development, Trade and Agriculture


Chinese company to invest USD 200 million in construction of corn processing plant

The Chinese company plans to invest nearly 200 million USD in the project of construction of a new high-tech plant for deep processing of corn in the industrial park Chortkiv-West (Chortkiv, Ternopil oblast). The plant will produce fructose, lysine and glutamic acid. In the future it is planned to build two more plants.
Source: Chortkiv municipal administration


Managing Partner of Biopharma could build lysine plant in Ukraine

Managing Partner of Biopharma Kostiantyn Yefymenko is considering the possibility of building a lysine plant in Bila Tserkva (Kyiv region), which is used as a feed additive in animal husbandry.
As reported, the German pharmaceutical company STADA buys the pharmaceutical business of prescription and over-the-counter drugs of the Biopharma manufacturer of blood-derived products. The transaction is expected to close in December 2019.
Source: Biopharma


Ukraine increases export of poultry and pork in January-November

Ukraine in January-November 2019 increased export of poultry by 23.4%, to 375,110 tonnes. In monetary terms exports of these products rose by 12.7%, to USD 531.74 million.
Pork exports in January-November 2019 amounted to 2,050 tonnes compared to 1,650 tonnes for the same period in 2018. These products were delivered for USD 4.69 million against USD 3.55 million for the eleven months of 2018.
Source: State Fiscal Service


Ukrainian A.G.R. group intends to become public company and mulling IPO

A.G.R. Group agricultural holding intends to become a public company and is mulling an IPO. According to Svitlana Korytska, the corporate investment director, A.G.R. Group conducted the restructuring of the holding, received positive audit conclusions from KPMG.
A.G.R. Group is an agricultural holding with 19 companies. Its core business is the cultivation of grain crops, mainly corn and soybeans. The holding is also engaged in animal husbandry and grain storage. The land bank of the agricultural holding is 28,800 ha. The founder and sole shareholder of A.G.R. Group is Misak Khidiryan.
Source: press release of holding