- ASTARTA completed sugar beet sowing and is completing sowing of other crops
ASTARTA completed sugar beet sowing and is completing sowing of other crops
The production units of the Company successfully completed the sugar beet sowing season while According to Ministry of Agrarian Policy and Food Ukraine have sown 79% from the plan.
The sowing campaign of spring crops is under way. So far production units of the Company have sown with corn and sunflower 83% from the forecast, while Ukraine has reached only 6% and 18% from the plan correspondingly. Soya progress is 33% from the plan (while in Ukraine - only 2% from the plan).
Sugar beet was sown on the area of 36 thousand hectares. The length of the campaign was 20 days and the Company managed to complete it prior to the rainy weather that is favorable for the further development of the crops. Now the Company starts treating the crops with postemergent herbicides.
The agronomical deadlines for the sowing campaign of sugar beet are coming to the end, therefore, management believes that the plantings under this crop should not exceed 200 thousand hectares (in previous season Ukraine planted 283 thousand hectares of sugar beet). Thus, declining sugar beet area gives grounds to believe that sugar price can increase in the new season.