Business news from Ukraine

Business news from Ukraine

Cygnet agro company has completed sowing spring crops on 26.5 thousand hectares

Cygnet has completed sowing spring crops on 26.5 thousand hectares, the company’s press service reported on Facebook.

According to the report, Cygnet has allocated 16.2 thousand hectares for corn, 4.9 thousand hectares for soybeans and 1.0 thousand hectares for sunflowers in 2024. The area of sugar beet sowing was expanded to 4.4 thousand hectares. Another 2.2 thousand hectares are occupied by winter wheat.

“The sowing campaign started on March 30 with the sowing of sugar beets, and ended on May 16, when we finished sowing soybeans. We could have done it 10-14 days earlier, but the rains stopped us and delayed the sowing dates. In general, all worked well, there were no serious breakdowns of equipment. And if there were small ones – literally up to four hours of time and everything was repaired. And the productivity of work, despite the weather conditions, this year we had a very high, “- said Deputy General Director for crop production Alexander Shramko.

As reported, in 2023 Cygnet grew corn on 16 thousand hectares, sunflower – 3 thousand hectares, soybean – 1.7 thousand hectares, sugar beet – 4 thousand hectares, 2.5 thousand hectares were sown with winter wheat.

Cygnet cultivates about 29 thousand hectares in Zhytomyr and Vinnitsa regions, where it grows corn, soybean, winter wheat, sugar beet. The company’s assets include an elevator with a capacity of 60 thousand tons of one-time storage and a sugar factory with a processing capacity of up to 2.8 thousand tons of sugar beet per day (both in Zhytomyr region).

The company also has a dairy business (dairy herd – 605 cows), the products of which are sold to local processors.

Source: https://www.facebook.com/photo/?fbid=991228989673526&set=a.507543601375403

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