St Helier, Jersey, 2014-02-13 08:00 CET (GLOBE NEWSWIRE) -- Disappointing yields for late harvested spring crops
Black Earth Farming completed harvesting its late spring crops on February 11th, 2014. Winter harvesting conditions were difficult and corn and sugar beet yields were disappointing at 4.3t/Ha and 24.3t/Ha respectively.
Black Earth Farming plans to release its full year 2013 results on February 21
For additional information, please contact:
Avto Makharoblishvili, Director of Investor Relations, Black Earth Farming Ltd., tel: +7(916)5981619
Notes to Editor:
Black Earth Farming Ltd. is a leading farming company, publicly listed on Nasdaq OMX Stockholm and operating in Russia. It acquires, develops and farms agricultural land assets primarily in the fertile Black Earth region in southwest Russia. Black Earth Farming has gained a strong market position in the Kursk, Tambov, Lipetsk and Voronezh areas, controlling some 310,000 hectares of what perhaps is the world's most fertile soil. In 2013 Black Earth Farming harvested approximately 224,000 hectares, effectively making it one of the world's largest public farming companies by cropped area. The Company's main products are wheat, barley, corn, sunflower, soya and rapeseeds. Corporate website: www.blackearthfarming.com
Corporate website: www.blackearthfarming.com