Business news from Ukraine

KSG Agro harvested sunflower on 60% of cultivated area

29 September , 2022  

Agroholding KSG Agro harvested sunflower from 5 thousand hectares, which is 60% of the planned 8.4 thousand hectares, the harvesting of this crop is scheduled to be completed by October 12.

According to a press release from the agrarian group, the average sunflower yield was 18 centners per hectare.

“Of course, the current sunflower yield is lower than last year, but our weather pattern is completely different, since spring precipitation was very uneven even within the same farm. c/ha up to 29 c/ha, but on average 18 c/ha,” the holding company quotes the head of its crop production division, Dmitry Emelchenko.

According to him, the completion of the sunflower harvesting campaign depends on weather conditions and is scheduled, tentatively, for October 12.

KSG Agro also sows winter wheat on a total area of ​​4.2 thousand hectares and cares for winter rape crops on an area of ​​2.15 thousand hectares.

The vertically integrated holding KSG Agro is engaged in pig breeding, as well as the production, storage, processing and sale of grains and oilseeds. Its land bank is about 21 thousand hectares.

According to the agricultural holding, he is in the Top 5 pork producers in Ukraine.

In 2021, the holding increased its net profit by 16 times compared to 2020, to $20.27 million, revenue by 44%, to $30.75 million, while doubling EBITDA to $12.28 million.

The owner and chairman of the board of directors of KSG Agro is Sergey Kasyanov.

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