KSG Agro Completed Harvesting of Early Crops
OREANDA-NEWS. August 21, 2012. The entities of KSG Agro Holding collected 56,321 tons of the crops, while the planned overall amount was 68 500 t. From them: winter barley – 3.4 thousand tons, wheat – 42.4 thousand tons, winter rapeseed – 3.4 tons and spring barley – 7.1 thousand tons, reported the press-centre of KSG Agro.
Indicators of crop yield in the Holding’s entities are above the Dnipropetrovsk region’s average, despite not favorable weather conditions.
In addition, this year’s yields of winter rapeseed exceeded last year’s figures almost by 50%.
Current market prices for early crops exceed those planned on 15% for wheat and on 19% for barley.
Traditionally, main income from farming in Holding was formed by the oilseeds, which was not less than 80% of annual revenue during last three years. On the average across Ukraine sunflower yields in 2012 are expected to be lower for 4%, in comparison with 2011. Experts of the Holding expect that sunflower yields will be less for 9% in comparison with the last year. Current price for sunflower seeds already reached its planned level, but the practice of the recent years shows that, since the beginning of harvest and until next year’s February, it grows by, in average, 15% – 18%.
About us:
KSG Agro SA – a vertically integrated company, which operates in all market segments, including manufacturing, storage, processing and sale of agricultural products. Since 2011, the company is engaged in the development of livestock and launched production of biofuels. The Holding has its own grain storages with total capacity of 120 000 metric tons, and storage for vegetables with microclimate, with total capacity 4 000 tons.




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