Ukrros harvests 83% of land as of Aug 14
18 August 2008
Ukrros (UROS: BUY) announced that as of Aug 14 the company harvested 19.9 ths ha (83% of planted area); its average crop yield was 4.49 mt/ha, higher than the Ukrainian average of 2.44 mt/ha. Olha Pankiv: Of Ukrros’ area sown with grain and oilseeds, 38% has been harvested. The company’s crop yields look higher than our expectations; we projected Ukrros’ average wheat yield at 4.5 mt/ha, barley yield at 2.8 mt/ha.
