Agrowill Group, AB has signed futures contracts for a sale of part of 2012's
harvest. In order to avoid fluctuation of prices the Group has already chosen
this kind of sales for 10 thousand tonnes of wheat and 2,5 thousand tonnes of
winter rapeseed harvest. The size of signed futures contract is around LTL 11
million.
At a given moment prices at international commodities markets for wheat and rapeseed are at the highest since September 2011.
As Agrowill Group, AB plans it, the total amount of harvest in 2012 should reach 50 thousand tonnes of wheat and rapeseed with a possible increase in case of friendly natural conditions.
Vladas Bagaviaius Chairman of the Board; +370 5 233 53 40
At a given moment prices at international commodities markets for wheat and rapeseed are at the highest since September 2011.
As Agrowill Group, AB plans it, the total amount of harvest in 2012 should reach 50 thousand tonnes of wheat and rapeseed with a possible increase in case of friendly natural conditions.
Vladas Bagaviaius Chairman of the Board; +370 5 233 53 40
© 2012 GlobeNewswire
