Головна News Company news MHP increased output of poultry and reduced production of sunflower oil

MHP increased output of poultry and reduced production of sunflower oil

During the year 2021 the production of poultry by MHP agricultural holding increased by 3% and amounted to 754.3 thousand tons, compared to 731.2 thousand tons in 2020.

This is reported by the press service of MHP, informs “ProAgro Group” with reference to Agravery.

“Total chicken meat sales remained relatively stable at 704,000 tons compared to 699,900 tons in 2020, with sales in Ukraine down 11% year-over-year, while export sales were up 8%, partly driven by lower frozen poultry sales. Sales of culinary products increased 6.7 times and amounted to 12.7 thousand tons,” – says the report.

At the same time, sales of sunflower oil by the holding decreased by 37% year-on-year and amounted to 207.2 thousand tons. Decrease in sales was mainly due to a decrease in oil production because of the reduction of sunflower grist share in feed (change in formulation).

At the same time, soybean oil sales in 2021 increased 11% year-over-year to 45.2 thousand tons. The increase in soybean oil sales was due to an increase in the share of soybean grist in feed mix and its partial substitution for sunflower grist, which ultimately also reduced soybean grist sales to third parties.

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