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Agricultural companies working in the field of crop production will receive additional support

Agricultural companies working in the field of crop production will receive additional support

The State Food and Grain Corporation of Ukraine ( SFGCU) has launched a support program for companies working in the field of crop production. The program was named "Posivna" and allows farmers to get everything they need to carry out the sowing campaign in 2021. This was reported by the press service of the SFGCU.

Earlier in Ukraine, there were programs for the purchase of grain on favorable terms for farmers. However, "Posivna" should expand opportunities for organizations involved in crop production. Its essence is to provide favorable conditions for the purchase of seeds, mineral fertilizers, chemical compositions for the protection of crops, and other material values.

To become a member of the program, an organization must conclude an agreement with the State Food and Grain Corporation. After that, the Corporation, on the terms of an advance payment, provides the agrarian company with cash as a pledge of the future harvest according to a commodity receipt. Also, an insurance contract and a contract for the supply of material values ​​are concluded.