Agromino finished harvesting winter wheat in Nikolaev region
Agromino A/S finished the harvest of winter wheat in Nikolaev region (4080 ha), the first one of its three clusters.
The brutto yield is 2.32 t/ha which is 30% below the planned budget (3.30 t/ha).
"The main reason for the lower result is significantly lower precipitation in the region. Second quarter precipitation was 53 mm, which was 42% of 5Y average according to our meteostation at the area," the company informs.
Reference: in 1Q 2018, Agromino's net loss amounted to EUR 11.0 million (loss of EUR 0.8 million in 1Q 2017).