Business news from Ukraine


9 February , 2018  

IMC agroholding has finished harvesting corn sown in 2017. The company harvested almost 610,000 tonnes of corn from over 67,000 ha
According to the company’s press release, gross yield of 9.1 tonnes per ha, which is equal to the record yield of corn achieved by the company in 2016.
“Despite that 2017 year was the extremely difficult for the agrarians in Ukraine, when as a result of the cold spring, arid summer and heavy rains in the autumn, the average yield of corn in Ukraine decreased by 18% compared to 2016, and the harvesting terms of the grain were significantly extended, in IMC we repeated our record on corn yield of 9.1 tonnes per hectare,” the company said, citing IMC Chief Operating Officer Oleksandr Verzhykhovsky.
IMC focuses on cultivation of grains, oilseeds and potatoes. It is one of the largest milk producers in Ukraine. It owns a storage capacity of 554,000 tonnes of grains and oilseeds. Its land bank is 136,600 ha in Poltava, Chernihiv and Sumy regions.