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Cherkizovo group has started to harvest.
Cherkizovo group (LSE: CHE; MOEX: GCHE), Russia's largest vertically integrated manufacturer of meat products, has begun to harvest. In 2018, the company expects to raise up to 629 thousand tons, including grain 400 thousand tons.
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Harvesting began with the collection of winter wheat. The first harvesters came to the fields in the Voronezh, Lipetsk, Orel, Penza, Tambov regions. According to the farmers, "Cherkizovo", this has been a difficult year, harvesting started later average time of 12 days. The forecast of the crops are positive. The basis of the harvest of 2018 will be wheat, corn, peas, soybeans and sunflower. The company expects good yield by sequential use of intensive agricultural technologies, organic and inorganic fertilizers, high yielding variety and hybrid seeds. According to the forecast of gross yield in 2018 will amount to 629 thousand tons.

The total land Bank of the Group amounts to over 275 thousand hectares, the average yield of winter wheat at the end of the harvest last season of 52.8 kg/ha. Crop – one of the strategic directions of the company development and a key link in the chain of vertical integration of its business. The entire harvest will be used for feed production in their own factories in the Central Chernozem region, whose products are used in poultry and pig breeding segments of the company.

 

About Cherkizovo Group

Cherkizovo group is Russia's largest producer of meat products and animal feed. The group is among the three leaders on the market of chicken meat, pork and processed meat products. The Cherkizovo group includes 8 poultry farms of full cycle, 16 modern pig farms, 7 meat processing enterprises, 8 feed mills and more than 287 thousand hectares of agricultural land. In 2017, the Group "Cherkizovo" has made about 1 million tons of meat products. The company's consolidated revenues by year-end 2017 amounted to 90,5 billion rubles.

The advantage of the company is vertical integration, which connects every link in the agricultural chain, from grain production to production of finished products, ensuring product quality at all stages. A priority for Cherkizovo Group is a high quality product and meeting the needs of customers. The popularity of the products of Cherkizovo in Russia show a high level of brand awareness and customer loyalty. www.cherkizovo.com



Translated by service "Yandex.Translation"
Источники: Agro2b
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