The company deals with growing grains, oilseeds and legumes on 4 clusters in Mykolaiv region with a total volume of 9,000 hectares and stores a large part of the grown products on its own elevator near Mykolaiv seaport.
Land bank: 9,000 ha
Cultivated crops: wheat, sunflower, rapeseed, sorghum, corn, barley.
Terms of land lease agreements:
- up to 7 years – 32%
- 7-15 years – 14%
- 15+ years – 54%
Average land rental: $ 102/ha
Irrigation: There are 400 ha irrigated. There is the possibility of expanding the irrigation system to an area of 2,342 ha.
Agricultural machinery is equipped with a GPS monitoring system, including tractors, seeders of world leader brands.
Productivity: 14,713 tons of winter wheat with a yield of 3.2 t/ha gross (5.6 t/ha on irrigated fields) and 7,541 tons of sunflower with a gross yield of 2.3 t/ha (4.0 t/ha subjected to irrigation) were harvested in 2019. The yield of sorghum was 6.0 t/ha expressed in physical weight. 4,676 ha of winter wheat and 1,213 ha of winter rape were sown in 2019 for the 2020 harvest. In 2019, there has been launched a three-year plan for land reclamation, which will increase yield in the future.
|
Crop |
Productivity, t/ha |
Cultivated area, ha |
||
|
Gross |
Subjected to irrigation |
2019 |
2020 (plan) |
|
|
Winter wheat |
3,2 |
5,6 |
4585 |
4676 |
|
Sunflower |
2,3 |
4 |
3331 |
2104 |
|
Rapeseed |
— |
— |
694 |
1213 |
|
Sorghum |
6 |
— |
238 |
779 |
Price: $ 11.2 million
Pricing: $ 5,400 (land leasehold calculated as $ 600/ha) + $ 3.256 million (equipment, facilities, irrigation system, work in progress) + $ 2.544 million (elevator)
