Astarta-Kyiv: sugar sales down 25% in Q1 2021

22 April 2021

Astarta-Kyiv, a vertically integrated agroholding operating 250,000 hectares of farmland in Ukraine, sold 58,100 tonnes of sugar in Q1 2021, a 25%-decrease as compared to Q1 2020. Also, sales of corn declined 69% to 72,650 tonnes, and sales of soybean meal decreased 15% to 39,800 tonnes within the same period.
 
At the same time, the company reports increase in sales of wheat (up 13% to 3,800 tonnes), sunflower (from 69 tonnes to 3,600 tonnes), soybean oil (up 13% to 12,600 tonnes) and raw milk (up 2% to 24,200 tonnes) in Q1 2021 as compared to Q1 2020.
 
In addition, Astarta-Kyiv increased commodity prices in Q1 2021 as compared to Q1 2020 as follows: sugar – up 66%, wheat - up 72%, corn – up 25%, sunflower - up 44%, soybean oil – up 69%, soybean meal - up 72%, and raw milk - up 15%.

Read more

Logo