As part of its capital investment plan for 2024, Continental Farmers Group has started to upgrade its fleet of agricultural and special machinery, which it intends to replenish with 35 new tractors, combines, sprayers and seeders, as well as various equipment, the company’s press service reports.
“The condition and quality of our technical facilities are among the main factors that determine how successful the upcoming production seasons will be for us. We do not deviate from the approved investment plan. The company is already receiving the first deliveries of machinery this year, which will be actively used in the spring field work. The next deliveries, which will include machinery for the autumn fieldwork and storage equipment for potatoes, are planned closer to the harvest,” said Georg von Nolken, CEO of Continental Farmers Group.
According to the report, Continental has purchased 21 new tractors of various capacities, five combine harvesters, four self-propelled sprayers, five seeders, tillage machines, fertilizer spreaders, special and other auxiliary equipment, and precision farming equipment.
The agricultural holding noted that Continental purchases all new equipment in line with its strategy of developing and unifying its machinery fleet. All equipment is equipped to comply with precision farming technology. It ensures compliance with the following requirements: high-quality and stable autopilot operation, the ability to control the application rate by the task map, automatic control of machine sections, remote service access to monitoring, synchronization of field work, navigation between rows, etc.
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.
AGRICULTURAL MACHINERY, CONTINENTAL, FLEET, SPECIAL EQUIPMENT
In 2023, the agricultural holding Continental Farmers Group paid UAH 1.4 billion to the budgets of all levels and allocated UAH 37.7 million for social projects, the holding’s press service said on Tuesday.
“As an honest and responsible business, we constantly report annually on taxes paid and financial support to the communities we cooperate with. I would like to emphasize that Continental Farmers Group is and will remain a reliable long-term partner for both its shareholders and the state, especially in this difficult period,” the press service quoted Georg von Nolken, CEO of the agricultural holding, as saying.
According to the report, support for Ukrainian defenders remains an integral part of Continental’s social responsibility policy. Since February 2022, the agricultural holding has allocated UAH 55.1 million to help the military.
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.
Agroholding “Continental Farmers Group” began sowing winter crops for the harvest of 2024, for which it plans to allocate 97.8 thousand hectares, reported the press service of the agricultural holding.
According to the report, Continental is traditionally the first to sow winter rape, for which 34.8 thousand hectares will be allocated. Weather conditions favor sowing work: thanks to precipitation in the soil is enough moisture.
“We apply different production technologies according to the type of seeders we have. These include direct seeding immediately after harvesting wheat and barley with Horsch Focus seeders, and traditional continuous seeding. We also plan to use precision seeders with a row spacing of 35 cm,” said Konstantin Shityuk, Operations Director of Continental Farmers Group.
According to him, sowing of winter rape began in accordance with the planned dates. The company is fully provided with seeds, mineral fertilizers, protection products and fuel and lubricants.
Agroholding intends to complete sowing of rape by August 20, after which it will start sowing of winter wheat and barley, for which 49.7 thousand hectares and 13.1 thousand hectares will be allocated respectively.
The pace of sowing winter wheat and barley will depend on the speed of harvesting the precursor crops. In the regions where Continental operates, the vegetation of spring crops (soybeans, sunflowers, corn) will be prolonged due to delays in development. The reason for this is weather conditions and rather late sowing dates, explained the agroholding.
In addition, the early grain harvest continues on Continental’s fields, which has been harvested from 65% of the planned areas.
“Winter barley threshing is fully completed, with a net yield of 6.39 tons per hectare, which is higher than planned. Winter rape harvest is nearing completion. The net yield of the crop is also higher than planned and is 3.74 tons per hectare”, – stated in the agroholding.
Mriya Agroholding and CFG, united under the name Continental Farmers Group, have been operating as a single business since November 2018, when Mriya made a deal with international investor Salic UK on the sale of assets.
Salic was founded in 2012. Its sole shareholder is the Saudi Arabian Public Investment Fund, which invests in agricultural and livestock products.
Agroholding Continental Farmers Group has completed the harvest of winter barley, wheat and rapeseed from a total area of 86.2 thousand hectares, a total of 446 thousand tons of crops have been harvested, follows from its press release on Thursday.
It is specified that the yield indicators for this season exceeded the planned ones. The average yield of barley was 6.37 tons/ha, wheat – 6.23 tons/ha, rapeseed – 3.56 tons/ha.
“We have crossed the equator of this year’s harvest – the first wave has been completed with a good result. We are satisfied with the yield for all crops, because there were certain risks due to the dry spring. We ship the harvested products to our own elevators, which we prepared earlier. Given the favorable weather, the other day we started digging potatoes,” the agricultural holding quotes its COO Vitaliy Stavnichuk.
In addition, Continental has begun sowing winter crops for the 2023 harvest – sowing of rapeseed on an area of 35.2 thousand hectares is nearing completion. It is also planned to sow winter wheat on 42.3 thousand hectares, and barley on 16.1 thousand hectares.
“Due to the weather conditions during this sowing period, maximum emphasis is placed on moisture conservation. Production technologies are used depending on the type of seeders involved in the work. This is either classic cultivation with Horsch Tiger cultivators and sowing with Horsch Pronto seeders, or conditional direct sowing, carried out immediately after harvesting wheat and barley with Horsch Focus and Claydon Hybrid 6T seeders,” the agricultural holding said in a press release.
“Continental Farmers Group” grows potato chips, seed and food varieties in Lviv and Ternopil regions. The total area under potatoes in 2020 amounted to 1.6 thousand hectares, in 2021 – 1.8 thousand hectares, with a total land bank of the group of companies of 195 thousand hectares in the western regions of Ukraine.
Agroholding Mriya and CFG, united under the name Continental Farmers Group, have been operating as a single business since November 2018, when Mriya entered into a deal with international investor Salic UK to sell assets.
Salic was founded in 2012. Its sole shareholder is the State Investment Fund of Saudi Arabia. Invests in the production of agricultural and livestock products.
Agricultural holding Continental Farmers Group has put into operation a new warehouse for storing seed potatoes with a capacity of 3,000 tonnes of simultaneous storage in Batiatychi village (Lviv region), the project cost UAH 3.2 million, according to the company’s website.
“We got a yield of seed potatoes higher than the planned indicators – 36.2 tonnes per ha. Over the season, the gross yield of seed varieties exceeded 15,600 tonnes, so we needed additional storage capacity. We plan to further increase the volume of seed potatoes, respectively, there is a need to increase storage capacity,” Continental said, citing Head of Continental Potatoes Cluster Orest Kravchuk.
According to the agricultural holding, growing potatoes is a strategic direction of its activities.
Continental Farmers Group cultivates chips, seed and food varieties of potatoes in Lviv and Ternopil regions. The total area under potatoes amounted to 1,600 hectares in 2020, in the current year – 1,800 hectares, with the total land bank being 195,000 hectares.
