Business news from Ukraine


29 May , 2019  

IMC agricultural holding has completed the spring sowing campaign on 104,100 ha compared with 105,200 ha in 2018.
According to a company press release, the sowing area under sunflower this year amounted to 22,800 hectares, under soybean – 10,800 hectares, under corn – 69,500 hectares. Also about 1,000 hectares were planted with fodder crops to meet the needs of the company’s dairy farming.
“In the current season, we managed to sow crops in almost optimal time period, despite the fact that sowing took place with certain pauses caused by weather conditions,” Chief Operating Officer of the IMC Oleksandr Verzhykhovskyi said.
IMC’s core business is cultivation of grains, oilseeds and milk production in Ukraine. The agricultural holding cultivates about 130,000 hectares of land in Poltava, Chernihiv, and Sumy regions. It owns storage facilities with a capacity of 554,000 tonnes of grains and oilseeds.

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