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RUSSIA
According to the press service of the Rusagro Group of Companies, following to the results of 6 months of 2019, the company increased net profit according to IFRS by 43%, compared to the same period last year, to make total RUR 3.336 billion, Sugar.ru was informed/
Sugar sales, production volumes and average consumer price per 1 kilogram (excluding VAT):
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Farmers in Stavropol started harvesting sugar beets, on August 16 total 91.5 thousand tons sugar beets were collected from an area of 2.3 thousand ha, an average yield makes 39.97 MT/ha. Sugar beets are supplied for processing at Stavropolsahar OJSC (Izobilnensky), with 11.9 thousand tons were received, 9.3 thousand tons were processed; average sucrose content is 16%.
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As of August 16, 2019, sugar beet was harvested from an area of 32.7 thousand ha or 2.9% of the crop acreage (in 2018 - 8.7 thousand ha), 1.4 million tons of sugar beet collected (in 2018 - 278.3 thousand tons) with an average yield of 43.75 MT/ha (in 2018 – 31.88 MT/ha), the Ministry of Agriculture reports.
UKRAINE
According to Astarta report for the first half of 2019, revenue from the sugar segment decreased by 20% to 55 million euros due to lower sales (153 thousand tons compared to 185 thousand tons in the first half of 2018) and low prices .
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Sugar Balances from the Economic Discussion Club on August 1, 2019 (1000 MT)
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