Business news from Ukraine

Business news from Ukraine

Continental Farmers Group has completed sowing of winter crops on 85 thou hectares

1 November , 2024  

The agricultural holding Continental Farmers Group has completed sowing winter crops for the 2025 harvest on 85.2 thou hectares, of which 33.1 thou hectares are allocated for winter rape, 12.5 thou hectares for barley, and 39.6 thou hectares for wheat, the press service of the agricultural holding reports.
Continental said that despite the dry conditions at the start of the sowing season, due to timely agrotechnical measures and subsequent rains, it managed to get good quality winter rape seedlings on all sown areas. We are currently caring for the crop and preparing it for wintering.
“As for winter wheat, the sowing dates were slightly delayed due to prolonged periods of precipitation in the first ten days of October. However, this did not prevent us from sowing all the planned areas and successfully moving on to crop protection measures. Given the conditions of the region where we operate, the optimal circumstances for germination, we estimate the completion date as satisfactory and close to the long-term average,” said Konstantin Shityuk, Chief Operating Officer of the agricultural holding.
In addition, the second wave of harvesting is coming to an end on Continental’s fields. Sunflower, soybeans, seed and food potatoes have been fully harvested among the late crops. Corn threshing, digging of chip potatoes and harvesting of sugar beets are nearing completion.
Mriya Agro Holding and CFG, united under the name Continental Farmers Group, have been operating as a single business since November 2018, when Mriya entered into an agreement with international investor Salic UK to sell its assets.
Salic was founded in 2012. Its sole shareholder is the Saudi Arabian Public Investment Fund, which invests in agricultural and livestock production.

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