As shown below, was a substantial part of sunflower fields proper size of heads, also these were stopped in the filling, so that a large part of the head containing empty shells.

We must therefore unfortunately face the fact that our yields will be (subject to we need to harvest a small proportion of maize in Mizil):

(majs = corn)

(solsikke = sunflower)

We have just begun the harvest of soya, which is negatively affected, just as the other spring crops.

This year´s disappointing and unsatisfactory yields, and thus the overall result naturally give rise to careful consideration by the Board.

This applies with regards to both the operational strategy – where the ongoing monitoring of whether this is the right – but also very much the overall strategy. It considered obviously thoroughly whether the conditions for the defined strategies are right and the consequences to be taken and the actions to be implemented.

There will be held a shareholders’ meeting accordingly Wednesday, November 11^th 20015 at 11 am in Aalborg.

Our action plan is specifically designed to address the weather situation, we have suffered in this year: a fall and a spring with very difficult conditions for sowing due wet fields, when they become navigable, are very difficult to make a proper seedbed in and where water abundance at the beginning of the growing season very suddenly and violently replaced by a long and severe drought.

On above background we have started implementing this action plan:

• Surface Drainage with drainage ditches that gives earlier field access and prevents drowning of plants
• Sub soiling with our new Great Plains subsoilers – that loosen the soil below, and providing access to both water and roots to deeper soil layers
• Liming
• Controlled trial of ex. kali and nutrients, etc. and of course, several varieties into operation for optimizing the choice of variety. Data collection and analysis of used tools and techniques, according to below.

In 2014 was used this Great Plains Subsoiler to some extent in Oravita, while there also were used more simple / cheap cultivators in Mizil and Videle, which was supplemented with ER-MO “torpedo” drainage subsoilers.

We have reason to believe that subsoiling with Great Plains Subsoiler make a significant positive difference, with the experience we made ourselves last year, it was decided to buy two more Great Plains subsoilers to Videle and Mizil. Here are all the wheat sowing so for now occurred with subsoiling, light harrowing and seeding in a good, convenient seedbed and with noticeable change in the soil structure, when walking on the ground after sowing.

The new purchased subsoiler:

After subsoiling and harrowing:

Same field 13 days later (September 27):

8th October 2015

Richardt Duus, CEO