Agrogeneration renewed its agreement with Quadra Commodities

17 February 2017

According to agroportal.ua in frames of agreement Quadra is to make prepayment for the crops of new season to Ukrainian agri-company quoted on Paris Stock Exchange in amount of USD 10M.

First tranche in amount of USD 2M Agrogeneration received on January 31.

Current deal is renewal of agreement concluded with Quadra commodities for the same amount in previous season. As before, main sources of Agrogeneration operating activity financing remain credit line from Alfa Bank, prepayments from off-takers, open credit provided by inputs suppliers.

It is estimated that in current season total grains&oilseeds harvest of Agrogeneration made up to 400k tons, yields for main crops looked as follows:

Season 2016 2015 2014 2013
Wheat
Sown area, ha 36 47645 62127 10038 315
Yield per 1 ha, tons 4.44.15.24.8
Barley
Sown area, ha 10 95410 71412 7007 070
Yield per 1 ha, tons 4.34.24.73.6
Rapeseeds
Sown area, ha 4 8769 0006 4009 221
Yield per 1 ha, tons 2.02.62.92.3
Sunflower seeds
Sown area, ha 29 98818 89532 00017 320
Yield per 1 ha, tons 2.52.62.52.3
Soybeans
Sown area, ha 8 3547 7684 0004 829
Yield per 1 ha, tons 1.81.71.91.6
Corn
Sown area, ha 5 4375 3058 40023 854
Yield per 1 ha, tons 7.05.5.7.5n.a.
Peas
Sown area, ha 10 5208 2809 3008 283
Yield per 1 ha, tons 3.12.12.51.6
Total land bank, ha 109 000108 188103 000110 000

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