In Ukraine began the purchase of winter crops for the forwards

2016-11-03 15:03:15
Machine translation
In Ukraine began the purchase of winter crops for the forwards

the state food Company announced the early conclusion of forward transactions for the purchase of winter crops harvest of 2017 with the aim of providing farmers additional Finance for timely spring field works. This information was made public by the press service of the company.

 

for the First time in the history of the Corporation made the decision to start forward campaign in the fall to the landowner in the first days of the new year had the necessary Finance, for which he could before the start of spring field works to buy cheaper fuel, fertilizers and plant protection products, and on time to start the season.

 

Earlier, the press service of the company reported about intention concerning the conclusion of forward contracts with farmers for the purchase of 500 thousand tons of cereals and leguminous crops for future harvest.

 

Recall that the SFGCU plans in three phases to be purchased for 200 thousand tons of wheat and maize, and 150 thousand tons of soybean and barley. On a forward purchase program of winter crops harvest of 2017 the management of GPZKU is ready to allocate more than 1.1 billion.