News
30.11.2012
Malting barley profitability in 2012 is 50%
According to the Association "Ukrainian Agribusiness Club" (UCAB), profitability of malting barley at agricultural enterprises of Ukraine in 2012 was about 50%, whereas last year its average was 25%.
According to UCAB expert on agricultural markets Roman Slastyon, the most successful farms based on the results of malting barley sales this year reached 100% yield, which corresponds to the main most profitable crops - sunflower, canola and corn.
According to UCAB, to achieve such a level of profitability was possible due to the growth of this year's malting barley harvest and high prices for it. In particular, the harvest of malting barley in 2012 increased to 38 dt/ha, which is 22% above the level in 2011.
Overall, it's worth noting that the malting barley in Ukraine remains a niche crop as the expanding of its production is limited by domestic demand from malt houses and high competition on the international market.
If we consider the prospects of the agricultural business in 2013, to realize a high interest in increasing the production of malting barley in Ukraine will be possible only with the active entry into international markets.
By the way, the prospects of crops production as well as the prospects of agriculture in general will be discussed by the leading experts of Ukraine and the world on Dec. 6, 2012 during the IV International Conference "Doing Agribusiness in Ukraine: Prospects for 2013." Read more about the event here.
Association "Ukrainian Agribusiness Club"
Velyka Zhytomyrska str., 20 А, office 53, Kyiv, 01001
Phone: +380 44 201-4950
Fax: +380 44 201-4951
099 272 59 30
Tetiana Kotyk
www.agribusiness.kiev.ua
The Association "Ukrainian Agribusiness Club" (UCAB) www.agribusiness.kiev.ua was founded in 2007 to protect the economic and professional interests of players of agribusiness in Ukraine. UCAB is a unique platform in Ukraine for establishing business contacts between the leaders of agribusiness, improvement their work and dialogue with the government. UCAB actively supports Ukrainian producers in establishing and maintaining international business relations. The Association consists of the largest producers and processors of agricultural products in Ukraine.