Business news from Ukraine

“Agrotrade” harvested over 255 thsd tonnes of grains and oilseeds

25 April , 2024  

In 2023, Agrotrade harvested more than 255 thsd tonnes of grains and oilseeds, some of which showed record yields, the company’s press service reported on its Facebook page on Thursday.

“For the company, 2023 was one of the best years in terms of yields over the past five years. The harvest of corn, winter rapeseed and soybeans was particularly high. In addition, last year we switched to conventional mustard cultivation for the first time and immediately exceeded our threshing plans,” said Oleksandr Ovsyanyk, Director of the Agricultural Department, as quoted by the group’s press service.

He added that the company’s successful results were achieved, in particular, thanks to effective fertilizer and plant protection technologies, a high level of selection of varieties and hybrids, and favorable weather conditions.

According to the report, in 2023, the agricultural holding grew and harvested 84.8 thousand tons of corn, almost 70 thousand tons of wheat, 52.5 thousand tons of winter rape, 29.5 thousand tons of sunflower, 15.7 thousand tons of soybeans, 2.5 thousand tons of mustard and other crops.

As reported, in 2023, Agrotrade supplied about 350 thsd tonnes of grain to the global market. The share of own agricultural products amounted to 35% or 116 thsd tonnes, and third-party producers – 65% or 230 thsd tonnes.

The Agrotrade Group is a vertically integrated holding company with a full agro-industrial cycle (production, processing, storage and trade of agricultural products). The company cultivates over 70 thousand hectares of land in Chernihiv, Sumy, Poltava and Kharkiv regions. Its main crops are sunflower, corn, winter wheat, soybeans and rapeseed. It has its own network of elevators with a simultaneous storage capacity of 570 thousand tons.

The group also produces hybrid seeds of corn and sunflower, barley, and winter wheat. In 2014, a seed plant with a capacity of 20 thousand tons of seeds per year was built on the basis of Kolos seed farm (Kharkiv region). In 2018, Agrotrade launched its own brand Agroseeds on the market.

Vsevolod Kozhemiako is the founder and CEO of Agrotrade.

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