The company LLC “Agrotechnics”, which is part of the Agropromgroup “Pan Kurchak” (Volyn region) is already buying rapeseed and soybeans of the 2015 harvest. For not yet grown crops immediately offer an advance of 30% to 50% of their market value. At the expense of payment, farmers receive a wide range of mineral fertilizers. Therefore, they do not have to borrow money from banks to purchase expensive mixtures for spring field work. Farmers will receive the final payment under forward contracts after the delivery of rapeseed and soybeans to the warehouses of Agrotechnika LLC. The price of the contract will have a market value.
Such cooperation is beneficial for farmers, said Lyudmyla Zavaliy, head of oilseeds processing and sales of processed products at Agrotekhnika LLC, because companies receive an advance for uncultivated rapeseed and soybeans and have guaranteed markets. And due to the fact that the advance payment is mineral fertilizers, farmers do not spend money on them, leaving them circulating. This allows without financial problems to conduct business activities for growing crops, summed up Lyudmila Zavaliy. Therefore, this year even more farmers will cooperate under forward contracts than last year, the company said. At the same time, the geography has also expanded – agricultural producers from Rivne region are also interested in favorable conditions.
In addition, if a farmer simply stores his rapeseed or soybean harvest in the elevators of Agrotekhnika LLC, and then decides to sell it to the company, he automatically receives a 100% discount on these services.
For reference: Agrotechnika LLC, which is a part of Pan Kurchak Agropromgroup, is engaged in the production and sale of complete feed and concentrates under the Agrokorm trademark. http://agrokorm.ua/ua/