Full Year 2024 Astarta Holding PLC Earnings Call Transcript
We can see positive pricing environment for wheat and oil seeds such as sunflower seeds and grape seeds that allowed us to register higher revenues for these crops. Acreage for corn was down as we focus more on growing soybeans for processing. And revenue for wheat remained stable despite lower price in environment.
The yields last year were less positive than in 2023. 2023 was a bumper harvest year and due to the natural climate cycle, we don't expect it to repeat too soon, but our crop acreage remained mostly stable. We remain focused on our strategic crops, which is sugar beet, soybeans, also wheat and oil seeds.
We already started our spring planting, and very soon we will be announcing our final acreage. The price environment is much more positive to Ukrainian agricultural producers than in the previous years, and this is because Ukraine managed to ensure stable supplies of grains and other product volumes through the greater (inaudible) supports. And that is fully reflected now in the
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