PJSC “State Food and Grain Corporation of Ukraine” has commenced the program of grain purchases of harvest 2019. It is planned to purchase about 360 ths. tons of wheat, corn and barley from agricultural producers within this year’s campaign. The amount of 1.3 bln. UAH is planned to be allocated for advance payments to agricultural producers.
Traditionally, the purchase program of grain of the future harvest will be carried out in two stages.
The first stage requires an agricultural producer to submit an application for participation in the program to the regional branch of PJSC “SFGCU”, to form a necessary bundle of documents and to conclude a supply contract particularly in the head office of the Corporation. After the contract is signed, the State Corporation makes prepayment in the amount of 3600 UAH/ton of grain, VAT included, to the current account of an agricultural producer.
At the second stage, PJSC “SFGCU” makes the final settlement after transfer of grain to the Corporation’s ownership.
This year, the cost of funds will be from 9.5% to 13% per annum, depending on the quantity of contracted goods and delivery basis. Considering that the purchase program of grain of future harvest has been held in PJSC “SFGCU” for many years, the Corporation offers an additional discount of 0.25% to those agricultural producers who have been taking part in the program for 2 and more years. Furthermore, the additional discount of 0.25% will be received by farmers during conclusion of an Agrarian Receipt.
The terms of cooperation offered by PJSC “SFGCU” to farmers are absolutely transparent, profitable and clear. Calculations do not include any hidden fees, and all the payments are made in a timely manner, without delays.
Press service of PJSC “SFGCU”