Cherkizovo, Russia’s large-scale meat producer, reports to have sold 48,600 tonnes of cured meats in 2020, a 12%-increase as compared to 2020. In monetary terms, the company’s sales of cured meats comprised $215.4 million in 2020, a 21%-increase as compared to 2019. As outlined by Cherkizovo, the following segments showed the most significant sales...

Ovostar Union, a vertically integrated Ukrainian egg producer, reported a 5% YoY increase in egg output to 411 million eggs in Q1 2021 (Q1 2020: 392 million eggs). The company exported 64 million shell eggs in Q1 2021, a 21%-decrease as compared to the same period last year (Q1 2020: 81 million eggs). The average price of eggs rose 47% to 0.087...

Steppe Agroholding, Russia’s large-scale crop and raw milk producer, reports revenue of $91.3 million in Q1 2021, a 40%-increase as compared to the same period last year. The key drivers behind the growth, as mentioned by Steppe, were business scaling, growth of exports, improvement of trading strategy, and output increase in dairy segment. This...

Sibagro, a Russia-based agroholding, has acquired the assets of Russian large-scale pork producer Promagro. In particular, Sibagro purchased three pig farms with annual production capacity of 64,500 tonnes of pork in live weight, a meat processing plant with annual processing capacity of 113,000 tonnes, a feed mill producing 200,000 tonnes of...