Completion of southern harvest (2103L)
28 Juli 2011 - 8:00AM
UK Regulatory
TIDMLKI
RNS Number : 2103L
Landkom International Plc
28 July 2011
28 July 2010
Landkom International PLC
Southern harvest completed with dramatically improved yields
Landkom International PLC (AIM: LKI, "Landkom" or "the Group"),
the Ukrainian producer of agricultural commodities, has completed
the harvest in the Group's southern operations with dramatically
improved yields.
The winter barley yield for the south was up 110% to 4.03 tonnes
per hectare (ha) (2010: 1.9 tonnes per ha), with the winter wheat
yield up 50% to 3.23 tonnes per ha (2010: 2.2 tonnes per ha).
The Group's southern operations harvested 4,382 ha of winter
wheat (2010: 1,654 ha) and 535 ha of winter barley (2010: 588 ha).
The substantially improved yields were obtained due to more
efficient harvesting equipment completing the harvest within the
optimum time period.
The Group also has 1,648 ha of mixed crops, including sunflower
and soya, in its southern operations which are scheduled to be
harvested over the next few weeks. An additional crop of sunflower
is planned on some irrigated fields.
The harvest in the west, Landkom's largest region, and the
central region is now well underway. The winter rapeseed and wheat
harvests started on 8 July and are progressing well. Around 65% of
winter rapeseed and 15% of winter wheat are already harvested.
The Group has finished the harvest of its first crop of winter
barley in the west, harvesting 1,352 ha with a yield of 3.93 tonnes
per ha.
Weather conditions in the West are currently good, following
some poor weather last week, which caused a limited amount of
damage to approximately 7% of the rapeseed crop.
Vitaliy Skotsyk, Landkom CEO, commented:
"Our main harvest in the south has been completed on schedule,
with a notable improvement in yields. This has been achieved with
our newly purchased combine harvesters delivering a high
performance, supported by contracted harvesters.
"We are on schedule and pleased with the progress so far in our
west and central operations."
For further information:
Landkom International Plc (www.landkominternational.com)
Vitaliy Skotsyk, Chief Executive +38 0503 525029
John Mapplebeck, Finance Director +44 (0)20 7726
2690
Liberum Capital
Simon Atkinson/Richard Bootle +44 (0)20 3100
2000
College Hill
Adrian Duffield/Rozi Morris +44 (0)20 7457
2020
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBUGDRLDDBGBR
Landkom (LSE:LKI)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Landkom (LSE:LKI)
Historical Stock Chart
Von Jun 2023 bis Jun 2024