Landkom is fast becoming one of Europes largest producers of high value agricultural feed stocks including oil seed rape (OSR) and wheat for the biofuel and food markets. The company's production is centred in Western Ukraine where the land is amongst the most fertile in the world. In 2007 the company will have planted 10,000 hectares of land for harvest in 2008.

Demand for feedstock in markets in Europe and the rest of the world is likely to outstrip supply for several years to come. European Union (EU) biodiesel, which has been mandated for a 5.75% biodiesel blend rising to 10% by 2020, is likely to result in a demand/supply imbalance in the world OSR and wheat market.

Landkom is well positioned to take full advantage of opportunities due to its geographical location in Europe, modern farming methods, low cost operations, better than average yields and flexibility of crop.

Landkom is a major positive contributor to the economy as we are now fully utilising former agricultural land which was fallow.

Raised 50.1million through its placing on the 15th of November 2007 at a price of 50 to 52p a share

Current Targets (Expected upgrade and update on planting in March 08)
Current rights to 50,000 hectares (10,000 planted) and a target to increase this to 350,000 hectares

Landkom Homepage

It appears that they expect 40MT this year against 36.5MT last year.

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Landkom completes southern harvest with dramatically improved yields

StockMarketWire.com

Ukrainian agricultural producer Landkom International has completed the harvest in the group's southern operations with dramatically improved yields.

The winter barley yield for the south was up 110% to 4.03 tonnes per hectare (ha) (2010: 1.9 tonnes per ha), with the winter wheat yield up 50% to 3.23 tonnes per ha (2010: 2.2 tonnes per ha).

The group's southern operations harvested 4,382 ha of winter wheat (2010: 1,654 ha) and 535 ha of winter barley (2010: 588 ha).

The substantially improved yields were obtained due to more efficient harvesting equipment completing the harvest within the optimum time period.

The group also has 1,648 ha of mixed crops, including sunflower and soya, in its southern operations which are scheduled to be harvested over the next few weeks. An additional crop of sunflower is planned on some irrigated fields.