Profitability of dairy business in UkrLandFarming reaches 20% — Kovtok

Profitability of dairy business in the UkrLandFarming agricultural holding reaches 20%.

This was told by Galina Kovtok, the operations director of the agricultural holding, in an interview with Latifundist.com.

"The figures differ from farm to farm. Profitability depends on housing conditions, breed, farm’ manager and employees. In general, profitability ranges from 10 to 20%. These are the real figures that our enterprises reach today," she shared.

According to Galina Kovtok, meat cattle breeding is more complicated since it is an 18-20-month cycle ranging from the birth of the calf to its delivery to the meat-processing plant.

"After all, milk brings daily revenue which we can immediately use for other purposes, but cattle-breeding cycle ranging from the birth of the calf to its delivery to the meat-processing plant takes 18-20 months. During this period we only invest money without receiving any revenue. Therefore, meat business is less profitable than dairy business. Getting 5-10% profitability in cattle-breeding is considered very good," emphasized the operations director of UkrLandFarming.

Related story: Galina Kovtok: Working in Agriculture Is Believing in a Dream