AGRANA Annual Report 2009|10
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Market environment

Market environment

Under the reform of the Common Agricultural Policy (the “Health Check”), the existing Common Market Organisation for potato starch will expire at the end of the 2011|12 grain marketing year, which runs from July 2011 to June 2012. At that time the production quota for potato starch, the linked aid and the floor price will thus be eliminated. The reference period for the decoupling of the direct aid to farmers and industry in Austria will be the year 2010, with the contract volumes of the starch potato grower contracts in 2010 forming the basis for the decoupled aid from 2012 onward.

The EU-27 isoglucose quota for the 2009|10 marketing year is approximately 690,000 tonnes. In view of the market conditions, the EU decided to forego the final quota cut that had been a possibility under the sugar market reform. HUNGRANA, at 220,000 tonnes, holds Europe’s largest isoglucose quota.

REVENUE

OPERATING PROFIT BEFORE EXCEPTIONAL ITEMS

PURCHASES OF PP&E AND INTANGIBLES

 
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