OKKO AGROTRADE PLANS TO DOUBLE GRAIN EXPORTS IN 2017/2018 MY

Business news from the Ukrainian League of Industrialists and Entrepreneurs

OKKO AGROTRADE PLANS TO DOUBLE GRAIN EXPORTS IN 2017/2018 MY

27 Oct , 2017  

KYIV. Oct 27 (Interfax-Ukraine) – Grain exports by OKKO Agrotrade LLC, the agrarian business direction of Galnaftogaz concern, in the 2017/2018 marketing year (July-June) could grow by 1.5-2 times.
According to a company press release, in the 2016/2017 MY the company exported 500,000 tonnes of grain.
In addition to the grain group, the company also delivers oilseeds to foreign markets.
More than 90% of agricultural products purchased by OKKO Agrotrade are exported. In the domestic market, the largest buyer of the company is Khlibprom Concern, one of the leading bakeries in the western regions of Ukraine.
The key tool OKKO Agrotrade offers to agricultural enterprises is a forward program, according to which the company provides partners with fuel, fertilizers or directly financial resources during the field work. They pay with the grown harvest.
“Today, the main partners of the OKKO Agrotrade forward program are small and medium-sized farms with a land bank of 500 to 30,000 hectares, but we do not do any restrictions on the size of land bank for potential partners and are open to cooperation with everyone,” Commercial Director of OKKO Agrotrade Oleksandr Kucherenko said.