Ukraine agriculture update
Land market. According to Interfax.com.ua Ukrainian Parliament will resume proceeding on land market reform (2178-10 draft) on 18 February 2020, as still has to proceed on submitted amendments (in total over 4k amendments to few pages long draft were submitted). Current version of the draft includes changes proposed in December, namely limit on land concentration at 10k hectares and ban on land ownership for foreigners and foreign controlled entities unless it is changed in nationwide referendum.
Astarta is a holding company. Through its subsidiaries, Co. specializes in sugar production, crop growing and cattle farming, ensuring wholesale distribution of sugar for industrial consumers and individuals. Co. produces sugar primarily using its own-grown sugar beet. Co.'s products include sugar and sugar by-products, such as granulated sugar, molasses, and sugar beet pulp; agricultural products comprising barley, wheat, rye, sunflower seed, soy bean, corn, peas, and varietal and regular cycle seeds of agricultural crops; and cattle farming produce, such as milk and meat, as well as canned goods, fodder, and gas.
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