OREANDA-NEWS. Having passed a 4.5 million grain export boundary in the 2013/14 marketing year, the company continues to increase its capacities to receive agricultural commodities.

The components of this important work are to improve cooperation with the agricultural producers in the regions, built upon the principles of transparent actions and mutual responsibility of partners, to improve information activity level and logistics, to develop NIBULON's own transport infrastructure. A ramified network of elevators, transshipment terminals and NIBULON's modern sea transshipment terminal to transship grain and oil crops enable to improve the volume of grain receipt and shipment for export.

In the first half of 2014/15 MY, the company procured 1.33 million tons of agricultural commodities at the transshipment terminal in Mykolayiv city, demonstrating almost the same figure achieved by NIBULON in the first six months of last record year.

"Kozats'ka" branch (Kherson region) purchasing 218.17 thousand tons of grain (which is by 13.1 thousand tons more than in the first half of 2013/14 MY) is an undeniable leader in the procurement of grain harvested last year. "Kamyanka-Dniprovs'ka" branch (Zaporizhzhya region) demonstrates high results of 163.34 thousand tons as well as other branches, such as "Artemivs'ka" - 127.64 thousand tons, "Starobil'skyy elevator" Ltd. - 112.56 thousand tons, "Smotrych" - 84.23 thousand tons, "Novoodes'ka" - 83.60 thousand tons. Please note that "Kozats'ka" and "Kamyanka-Dniprovs'ka" branches have exceeded the procurement plan by more than one and a half times.

In July - December 2014, NIBULON purchased 3,065,590 tons of grain out of which wheat comprises 1,124,840 tons, corn - 1,070,890 tons and barley - 518.51 thousand tons.

The peculiarity of this MY is that two main factors have influenced the corn sale dynamics on the domestic market: on the one hand, favourable weather conditions to cultivate and to harvest a corn yield: grain from many regions will be harvested with the quality enabling to store grain without additional expenses for warehouses with bringing quality indices to the basic conditions. From the other hand, the agricultural producers, taking into consideration hardly predictable economic situation in the country, have reduced investment in the construction of new facilities, the purchase of machinery, etc. This decreased the urgent need for money from selling grain. These factors, being different by their character but acting in one direction, reduced corn supply on the market in the first half of 2014/15 MY. As a result, the total corn supply will be evenly distributed among other months of the second half of this MY.

Thus, taking into account the above mentioned peculiarities, our company will compensate the amount of corn procurement and exports in the second half of MY, planning to export 1.5 million tons of this crop.