About us
The International Competence Center on Large Scale Agriculture (LaScalA) brings together a network of international experts in the field of large farm management. Our major focus is on research into economic, organizational and ethical aspects of large scale farming activities as well as into institutional frameworks that enable the development of large agricultural enterprises.
In focus
23 May 2018
Restructuring of Czech large scale farms will continue – Ladislav Jelínek
Opinion -Czech Republic has its own specifics regarding the structure and development of farms. Recent studies report that a relatively small number of farms operate most of the country’s agricultural area. Although only about 20% of the farms are 100 hectares or more in size, they account for almost 90% of the total farmland area. With the average of 102 hectares per farm, this is one of the highest values in the EU. No wonder that the debate on the efficiency and profitability of such farms relative to small- and medium-size farms has been contentious in Czech society. Our interview with Dr. Ladislav Jelínek, Senior Researcher and coordinator of the research project "The role of agroholdings in the Czech agriculture" at the Institute of Agricultural Economics and Information (IAEI) in Prague, sheds light on the state-of-the-art of large scale farming in Czech Republic.
News
22 May 2018
Cresud tries to increase the value of its stock
News -Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, one of the largest agribusiness and real estate players in Latin America, announced its intention to buy back more of its own stock. The company informed that it is almost doubling a stock buyback from ARS 500 million ($ 20 million) to ARS 900 million ($ 37 million) it authorized in February. The reason for this step is the fact that Cresud's current stock price does not reflect the real value of the company. Experts express their concern of Cresud’s latest negative stock performance. It performed -17.99% over the last month while its year to date (YTD) performance was -22.63%. The trading volume has decreased to 0.05 million versus the average 0.15 million shares, indicating a point of low conviction among investors. The buyback should increase the price of the stock.
18 May 2018
Cherkizovo's net profit increased 1.5 times
News -The net profit of Cherkizovo, the largest meat producer in Russia, increased by 55% to 2.9 billion rubles ($ 47.2 million) in the first quarter of 2018. Net profit margin increased to 13.1% against 8.8% a year earlier. Net income per share (EPS) reached 72 rubles ($ 1,1) (compared to 44.1 rubles ($ 0,71) in the 1st quarter of 2017). The holding's revenue for the first three months of the year increased by 4.6% compared to the same period of 2017, reaching 21.9 billion rubles ($ 356 million). Gross profit increased by 34% to 7.5 billion rubles ($ 122 million). As explained by the general director of Cherkizovo, Sergey Mikhailov, in January-March all segments showed a positive trend.
14 May 2018
Frigorifico Rio Segundo Logros S.A. exports beef to the EU
News -Frigorifico Rio Segundo Logros S.A., one of the biggest meat producers in Argentina, exported a total of 42% of the 14.200 slaughtered animals in April to the EU. The revenue from this transaction amounted to $ 11 million. Frigorifico Rio Segundo Logros S.A. is the only company in the province of Cordoba with the Hilton quota export permission, which gives preferential taxes to high value beef cuts. The assigned volume for this year is some 904 tonnes, 30% more than last year.
14 May 2018
Cresud's net profit up by 63% in the third quarter of FY 2017/18
News -During the third quarter of the fiscal year 2018, closed on March 31st, the Cresud company reported a gain in net profit of ARS 10,604 million ($ 435.499 thousand) compared to ARS 6,516 million ($ 267.607 thousand) obtained in the same period of 2017. The net profit increased by 63 % thanks to a larger planted area, better prices, improved cost efficiency and average yields. Furthermore the good weather in Brazil and Paraguay helped withstand the harsh conditions for crops in Argentina and Bolivia. The farmland sales are not included in this report but will be included in the fourth quarter report.
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