ASTARTA N : Elevators have Received more than 1MT of Grains in 2021/22 MY
December 08, 2021 at 05:12 am EST
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In the 2021/22 marketing year, as of November, 8, ASTARTA's elevators have already received more than 1mt of grains for storage, including 326kt of early grains and 726kt of late crops. That is 25% more than last year.
Due to the high-tech route silos, digitalisation, own modern fleet of 200 rail cars and shunting locomotive, the average turnover of ASTARTA's elevator complexes reached c. 2.
Through intensive cooperation with Ukrainian agricultural producers, within the framework of the Loyalty Programme, the share of products purchased from third parties is already 20%. It is a record for the Company.
For reference
The Company's silos are located in the Poltava (Yareskivsky, Lutovynivsky, Semenivsky, Skorokhodivsky silos), the Khmelnytsky (Viytovetsky, Krasylivsky silos) and the Vinnytsia (Khmilnytsky silo) regions.
These are seven high-tech route silos with a total simultaneous storage capacity of over 550kt of grain. The elevators work with grains - wheat, corn, barley, rye, buckwheat, oats, sorghum; oilseeds - rapeseed, sunflower and soybeans.
The certified laboratories that operate at each elevator perform grain quality determination.
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Astarta Holding NV published this content on 08 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 10:11:10 UTC.
Astarta Holding PLC is a Cyprus-based agriculture company, that specializes in sugar production, grain and oilseeds growing, soybean processing and cattle farming. The farmlands, sugar plants and cattle operations are mainly located in Ukraine. The Company's activities are divided into four main segments: Sugar Production, Agriculture, Soybean Processing, and Cattle Farming. Its Sugar Production segment is engaged in the production and wholesale of white and raw sugar and its by-products. The Agriculture segment is responsible for the cultivation and sale of crops, such as corn, wheat, sunseeds, rapeseeds, and others. The Soybean Processing segment is engaged in soybean and soybean meal and oil production and sale. The Cattle Farming Segment is engaged in dairy cattle raising and milk production and sale. Other Group operations mainly comprise the production and sales of fodder and gas.