18 January 2017
According to Interfax-Ukraine in current season the largest Ukrainian sugar producer increased its sugar output by 42% vs. MY2015/16 up to 505k tons, which is the largest Astarta production volume for the last years.
The share of the company in total Ukrainian MY2016/17 sugar production made close to 25%.
Own sugar beets production by Astarta is estimated at 2.6M tons (reported sugar beets yield in current season is 57.4 t/ha, which is the largest value for last years as well), in addition more than 1M tons of beets were purchased from third parties.
Sugar production dynamics by Astarta during last years looks as follows:
As was reported before, in Y2016 Astarta became the largest sugar exporter (180k tons of export out of total Ukrainian 466k tons).
Total grains and oilseeds harvest of the company in Y2016 increased by 15% vs. previous year up to 910k tons, breakdowns of sown area and yields during last years are represented in following table:
Season
2016/2017
2015/2016
2014/2015
2013/2014
2012/2013
2011/2012
Corn
Sown area, ha
45 093 46 550 51 450 51 562 41 650 36 750
Yield per 1 ha, tons
8.8 7.6 6.4 7.1 6.5 9.5
Soybeans
Sown area, ha
41 388 71 050 63 700 56 250 49 000 39 200
Yield per 1 ha, tons
2.2 2.1 2.1 2.2 2.1 2.3
Wheat
Sown area, ha
53 932 50 000 41 650 49 219 48 843 44 100
Yield per 1 ha, tons
5.8 5.4 4.9 4.7 4.0 4.5
Sunflower seeds
Sown area, ha
27 042 23 000 7 350 4 687 7 350 14 700
Yield per 1 ha, tons
2.6 2.8 2.2 3.3 2.2 2.1
Sugar beets
Sown area, ha
44 842 34 000 49 000 37 500 51 450 49 000
Yield per 1 ha, tons
57.4 55.0 49.0 56.0 53.0 50.0
Total land bank, ha
245 000 245 000 245 000 245 000 245 000 245 000
Finally we note increase of raw milk production of the company in Y2016 by 3% (achieved due to increased cows productivity) and growth of soybeans processing segment output: soybean meal production made 158k tons (+8% vs. Y2015), soybean oil – 38.8k tons (+14%).
We expect strong financial results of Astarta for Y2016 and H1 2017 (when current season’s production will be realized).
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