Business news from Ukraine

IMC INCREASES OILSEEDS YIELD BY 18% IN 2016

25 October , 2016  

KYIV. Oct 25 (Interfax-Ukraine) – Industrial Milk Company (IMC) has completed the harvesting of oilseeds, threshing 100,500 tonnes, which is 18% up from 2015.

According to a company press release, the yield of soybeans and sunflower exceeded the target figure for 2016.

The yield of soybeans was 3.4 tonnes per ha, which is a record high in the history of soybeans cultivation by IMC. Soybeans were harvested on 6,400 ha, the total yield (in bunker weight) amounted to 21,600 tonnes.

Sunflower yield reached 3.1 tonnes per ha (11% more than in 2015). Sunflower was harvested from 25,000 ha, the total yield (in bunker weight) amounted to 78,900 tonnes.

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.