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Annual Report 2017

ROS AGRO PLC announces the completion of 2018 sowing campaign

25.06.18

On June, 22 Rusagro completed sowing season. In 2018 area of cultivated land gained 3% and reached 563.7 thousand hectares.

Area planted with wheat augmented second year in a row to partly replace the barley. Increase of soy area by 13% to 147.0 thousand hectares is explained by high profitability of this crop. Meanwhile, sugar beet area decreased by 4% to 89.0 thousand hectares due to bad economic performance of the crop.  

In the Primorye Territory sowing area surged by 20% to 65.9 thousand hectares. There is an increase of soy area by 23% to 43.8 thousand hectares and of corn area by 56% to 21.2 thousand hectares.

Operational update published on June, 22 2018 by Department of agriculture and food of Primorye Territory states that overall cultivated are in the region reached 489 thousand hectares (+8% from 2017 results), including 283 thousand hectares of soy (+15%), 153 thousand hectares  of wheat (-27%) and 42 thousand hectares of corn (+16%). 

The table below shows Rusagro’s cultivated area by crop:

 

2 018

2 017

Variance

Crops

Area,

ths ha

Area,

ths ha

%

Winter wheat

129.5

116.6

11%

Summer wheat

34.0

32.1

6%

Barley

56.9

73.3

-22%

Soy

147.0

130.2

13%

Sugar beat

89.0

92.7

-4%

Corn

27.6

24.3

14%

Sunflower

23.5

21.2

11%

Other crops & fallow

56.2

58.1

-3%

Total

563.7

548.4

3%

 

Including the results of the Primorye Territory:

Primorye Territory

2 018

2 017

Variance

Crops

Area,

ths ha

Area,

ths ha

%

Summer wheat

0.9

5.7

-84%

Soy

43.8

35.7

23%

Corn

21.2

13.6

56%

Total

65.9

55.0

20%