PhosAgro, IPNI and Vologda Region Research on Correct Application of Fertilizers Shows a 30% Increase in Forage Crop Yields and 20% Reduction in the Cost of Milk Production in a Large Vologda Region Farm - Seite 2

Svetlana Ivanova, the Vice-President of the International Plant Nutrition Institute for Eastern Europe and Central Asia, said, "An increase in dry matter yield per hectare due to the introduction of effective mineral fertilizers based on the principles of 4R Strategy increases the profitability of the dairy business. Each additional tonne of dry matter reduces the dependence of farms on concentrates, which are the most expensive components in feeding cattle, and allows farmers to feed more animals."

"Milk production is a key activity for more than 200 agricultural organisations and farms in the Vologda region. The region has convenient access to Russia's key markets, and undoubtedly if the target indicators for the supply of regional farms with feeds are met, this project will strengthen Vologda's position in the domestic dairy market. At the same time, we are pleased that this project was implemented by PhosAgro in the Vologda region, because it can be the starting point for introducing new agrotechnology in the regions that aim to be leaders in both the Russian and foreign food markets," said the Governor of the Vologda region, Oleg Kuvshinnikov.

PhosAgro CEO Andrey Guryev said, "We are confident that this project has demonstrated the significant opportunities for the domestic agricultural industry that are presented by intensifying agricultural production with the help of mineral fertilizers. As part of the target for doubling food exports by 2024, fertilizer producers see the challenge of providing agricultural producers with effective fertilizer grades and advising on their proper use.

"We believe that the results of the intensification of fodder production in the Vologda region will allow us to extend the practice of optimised use of mineral fertilizers to dozens of Russian regions in which our distribution network PhosAgro-Region operates, providing a full range of PhosAgro products. We are likewise confident that the promotion of new approaches in crop production will contribute both to the provision of the Russian population with high-quality food products, as well as to strengthening the competitiveness of domestic products on global markets."