UAC News

In October 30, 2018 UAC organized conference «Who will take 7 billion? Three Hosts – Three Strategies» in the frame of 12 International exhibition of agricultural machinery and equipment «InterAgro-2018». It was presented  «The Concept of the State Policy of Structuring and Development of Agricultural Enterprises of Ukraine».

In January-September 2018, the agri-industrial holding Myronivsky Hliboproduct (MHP) increased soybean oil exports to 37.78 thou. tons, which is 68% more year-on-year.   In Q3 2018, soybean oil exports were at 6.16 thou. tons, 25% lower year-on-year, mainly due to unattractive international soybean oil prices, higher sales volumes in H1 2018 and low base in 9M 2017.     In Q3 2018, MHP’s sales of sunflower oil increased by 21% to 92.87 thou. tons compared to 76.81 thou. tons in Q3 2017.  

Rape oil production amounted to 63.8 KMT in August 2018/19. This was up 45.3% from the previous month and twice as much as in August 2017/18. As expected, the first two months of the new 2018/19 season witnessed a sharp rise in rapeseed crushing in Ukraine. So, total rape oil production by Ukrainian large and medium-sized crushers in July-August 2018 reached a record of some 108 KMT.

Ukraine needs foreign direct investment (FDI) to provide stable growth, and one of the fastest instruments for attracting at least $15-20 billion could be the offer of state-owned agricultural land estimated at 10 million hectares, Managing Partner of ICU Investment Group Makar Paseniuk has stated. “Land reform would be a huge driver for the further development of our country, as it can be done quickly and it will quickly attract FDI,” he said at the Ukrainian Financial Forum organized by ICU in Odesa.