WITH RESPECT TO PEOPLE AND LAND

Kyiv, August 12, 2015

IMC completed harvesting of winter wheat

On August, 6thIMC completed the harvesting of winter wheat. Wheat was harvested from an area of over 12 thousand hectares. The achieved gross yield is 5.03 t/ha, it's 30% above than the average yield in Ukraine (according to the Ministry of Agrarian Policy and Food of Ukraine, as of August 6, 2015, the average yield of winter wheat was 3.86 t/ha).

'Despite not quite favorable weather conditions for the initial development of wheat, due to lack of moisture in the autumn of 2014, and hot weather during ripening of wheat in June and July 2015, we managed to achieve the planned yield for winter wheat. At the same time the enterprises of IMC took a leading position (#1- #3) for the yield of winter wheat among agricultural enterprises which work in our regions. It is also important that during this season we carried out experiments on the cultivation of wheat of foreign selection and got very good results. In the autumn of 2015 we plan to apply this knowledge', - said Vladislav Lavrinenko, Production Director of IMC.

The quality of harvested wheat is somewhat better than last year. More than 73% of total volume is of food quality, which allows obtaining additional market premium per tonne for grade of grain.

'We are pleased with the results of winter wheat harvesting this year, the yield targets are achieved, with more than 30% of harvested wheat contracted at prices higher than in our budget', - added Alex Lissitsa, CEO of IMC.

For more information about IMC please visit our web-site: www.imcagro.com.ua

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