News

Ukrsibbank, a Ukrainian associate of BNP Paribas Group, extends a USD8m loan to «Astarta». It is reported by press center of the company. As part of its efforts to boost food security in wartime Ukraine, the EBRD guarantees 60 per cent of the USD8m facility through an agreement with part...

Brazil's center-south sugarcane crushing fell 13.7% in the first half of August from a year earlier, bringing down sugar and ethanol production on the back of lower raw material availability, industry group Unica said on Wednesday. It is reported by Successful Farming. Crushing in Brazil's main cane belt totaled 38.62 million tonnes in early August, missing market expectations as analysts polled by S&P Global Commodit...

Sugar production in Brazil's key Center-South region is expected to total 2.85 million tonnes in the first half of August, reflecting a 5% year-on-year decline, according to results from an S&P Global Commodity Insights survey of 11 analysts. It is reported by S&P Global Platts. During the survey, the cane crush estimate ranged from 37 to 43.8 million tonnes. The average estimate was for a total cane crush of 41.4 million tonnes, do...

The US Department of Agriculture in its Aug. 12 World Agricultural Supply and Demand Estimates report raised from July its forecasts for US sugar supply for both 2021-22 and 2022-23, resulting in higher ending stocks and stocks-to-use ratios for both years. It is reported by foodbusinessnews. The USDA projected 2021-22 (current year) ending stocks at 1,828,000 tonnes, up 46,000 tonnes from its July forecast, boosting the ending stocks-to-use ratio to...

If Gnidava Sugar Refinery had not diversified its production, the season would not have started at all. It is reported by press service of the enterprise. This year we have two problems — war and energy prices. In Europe, gas already costs more than USD2,000. If Gnidava sugar ref...

Caligula, the foliar fungicide containing fluopyram and prothioconazole from Bayer Crop Science, has been authorised for use in sugar beet. It is reported by farminguk. The news will be welcomed by growers given that this is the last season for Escolta (cyproconazole + trifloxystrobin) and the increasing need to achieve better control...

The Agricultural Bank of Egypt (ABE) and the Faiyum Sugar Works Company signed a cooperation protocol to finance sugar beet farmers in Fayoum governorate It s reported by Daily News. The protocol represents a tripartite cooperation between the Bank, the company, and beet farmers within the Bank’s endeavor to expand the financing of contract fa...

Sugar production in Brazil's main center-south (CS) cane belt increased 8.4% in the second half of July compared with the same period a year earlier to 3.3 million tonnes as mills increase efforts to the production of the sweetener. It is rported by Nasdaq. According to a report from industry group Unica released on Wednesday, mills allocated 47.7% of all harvested cane to sugar production, more than the 46.2% seen at this tim...

«Astarta-Kyiv»‎ attracted lending from one of the largest banks of Ukraine, «Oschadbank». The amount of the loan — UAH500 million. The purpose of the loan is to finance working capital needs in agriculture and sugar production. The company announced it on the Warsaw Stock Exchange. «Board of Directors of Astarta Holding N.V. reports that the State Savings Bank of Ukraine («Oschadbank») financed &laq...

Sugar production in the key Center-South Brazil region is expected to total 3.25 million mt in the second-half July, reflecting an increase of 6.7% on the year, an S&P Global Commodity Insights survey of 11 analysts showed Aug. 9. It is reported by S&P Gloal Platts. During the survey, the cane crush estimate ranged from 48.0 million mt to 49.5 million mt for H2 July. The average estimate was for a total cane crush of 48....