ASTARTA’s farm units have successfully finished the sowing of spring crops. The total crop area sown in spring is about 170 thousand hectares, including 41 thousand hectares of sugar beet, 41 thousand hectares of sunflower, 67 thousand hectares of corn, 20 thousand hectares of soybean, and the rest under other crops (barley, oats, buckwheat, etc.).
Along with growth in flour exports, wheat bran shipments from Ukraine keep expanding too, despite a decline in the commodity’s production in the country.
The Ukraine parliament, Verkhovna Rada, has this week passed Bill No. 3871 at first reading to amend various Ukraine laws in a move that will ban the use of palm oil for food production.
Sunflower oil. This season’s pace of sunoil production in Ukraine is somewhat slower than a year ago. So, large and medium-sized crushers produced 417.1 KMT of sunoil in March 2018, i.e. 2.5% less than in the previous month (427.8 KMT) and down 19.3% from March 2017 (516.9 KMT).
Spring barley planting in Ukraine is drawing to an end, and the forecasts about its shortfall are coming true.
Last week the domestic market of sunseed and soybeans followed an upward trend again. It looks quite predictable in view of aggravating competition among buyers and the desire of growers to get as high profit as possible, reports UkrAgroConsult.