Business news from Ukraine

Business news from Ukraine

“Agrotrade” has completed harvest of industrial hemp and is preparing crop for export

24 October , 2024  

Agrotrade Agroholding has completed harvesting industrial hemp, which it grew on an area of about 230 hectares in Chernihiv region, the company’s press service reported on its Facebook page.

According to the report, 2024 was the final year of the agricultural holding’s hemp cultivation trials. The company has determined the best technologies and herbicide plant protection products, and understood the technical features of working with this crop.

“By changing approaches to seed harvesting and processing, we have obtained very good quality grain indicators: the oil content is high, and the acidity and peroxide values are low. The yields were slightly lower than we expected. The hemp was dry and the fiber was easily separated from the bast, so technical support during harvesting was the biggest challenge. The reason is that you can’t just pick up any harvester at any time: you need to know exactly what kind of hemp is best for what time and what kind of harvester will be optimal. These are the technical features of hemp that we have figured out,” says Oleksandr Ovsyanyk, Director of Agrotrade’s Agricultural Department.

“This year, we started harvesting later to get higher quality seeds. Due to the peculiarities of the variety and the year in general, threshing took longer than expected.

The agricultural holding emphasized that the Ukrainian market is not yet ready to consume large quantities of hemp grain, so this year’s harvest will be exported. If it can be sold profitably and in large volumes, the company will consider expanding the area.

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 one-time 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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