Press centre
02.11.2021
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JSC “SFGCU” RENEWS THE FORWARD PROGRAM

JSC “State Food and Grain Corporation of Ukraine” starts the Autumn Program for grain purchase of 2022 harvest. The corporation buys class 3 wheat grain and class 3 barley grain. The minimum delivery lot of goods amounts to 100 tons.

The decision to conclude the contract for supply of grain of future harvest is made quickly and remotely. Advance payment under contracts is made exclusively in cash, which allows our customers — agricultural producers — to buy the goods of the required quality they need to effectively conduct their own business with their chosen suppliers.

In order to participate in the agricultural program, producers of goods must have experience in growing agricultural crops from 2 years. JSC “SFGCU” makes the mandatory assessment of the financial condition of the potential supplier and sown areas. Based on the results, a decision is made regarding the contract conclusion. When making the decision, financial stability, a positive credit history and a reliable business reputation of an agricultural producer are taken into account, as well as conclusions of insurance experts on the condition of grain sowings.

Also obligatory conditions for concluding a contract include insurance of sowings of future harvest, which is pledged, and issuance of an agrarian receipt (or pledge agreement by the decision of JSC “SFGCU”) in order to minimize the risks associated with improper performance of contracts.

After signing all the necessary contracts and providing the documents, the advance payment will be 2,800 hryvnias excluding VAT per one ton of contracted grain. The interest rate for use of funds makes from 9.5% to 13% per annum in UAH, depending on the volume of supply. Under the loyalty program, regular customers can receive an additional discount of 0.5% to the base interest rate. The final calculation is made at market prices after delivery of grain.

Direct implementation of all stages of procurement of JSC “SFGCU” is traditionally carried out through its regional divisions, where agricultural producers can get answers and advice on all issues related to the conditions of participation in the Autumn Program, collection and execution of the necessary documents, signing contracts and receiving funds.

Contacts of regional divisions of JSC “SFGCU” can be viewed at the link Regional divisions.

More details on the conditions of participation in the Autumn Program and standard forms of contracts for supply of grain of future harvest are available at the link Documents for downloading.

 For purposes of the informational and explanatory work on the conclusion of contracts for supply of grain of future harvest at the head office of JSC “SFGCU” please call
(044) 206-15-71 or email to the subdivision of forward purchases – 
au.vo1638869767g.ucz1638869767p@dra1638869767wrof1638869767

 State Food and Grain Corporation of Ukraine is the national operator of the grain market of Ukraine, the leader in the field of storage, processing, transshipment and export of grains. It has the most extensive branch network in Ukraine, represented in 23 regions of Ukraine, and its elevator capacities amount to 3.75 million tons.