News archive

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14 June 2019

Top 10 Ukrainian land users 2019

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Latifundist.com issued an update of its ranking of top Ukrainian agroholdings based on farmland area. The top 10 agroholdings operate 2.5 million hectares of farmland in 2019, a slight decrease compared to 2.9 million hectares in the previous year. The largest landowner, Kernel, operates the same farmland area as a year ago. The size of the last...

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14 June 2019

Tasmania follows farm consolidation trend

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The latest agriculture research of The Australia and New Zealand Banking Group (ANZ) shows that the number of farms in Australia has been continually reducing 5% per year over the past decade. However, both the volume and value of agricultural production have been increasing 5% per year within the same period. The Tasmanian agricultural sector...

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13 June 2019

20 Australia’s largest farms own 70 million hectares

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The Weekly Times’ latest annual study discloses the owners of almost 1000 Australia’s farms and shows the large-scale trend in Australian agriculture. In particular, the 20 largest Australian landholders occupy a total of 70 million hectares of farmland, exceeding the total area of France (64.4 million hectares). The rating is headed by the...

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13 June 2019

MHP: net profit fell 63%

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MHP, Ukraine’s leading agroholding, has reported a net profit of $ 33 million in Q1 2019, a 63%-decrease compared to the same period in 2018. Revenue rose 42% to $ 436 million, while operating profit shrank 19% to $ 50 million. EBITDA decreased 7% to $ 83 million. MHP claims the decrease in financial results was caused by non-cash income from...

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12 June 2019

Adecoagro in search for milk suppliers

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The Argentinian agroholding Adecoagro wants to increase the production capacity of its dairy plant in Morteros, Province of Cordoba, acquired from Sancor in early 2019. As reported by Adecoagro, the lack of raw milk from its own dairy farms slows the production process.  In this regard, the company is exploring the opportunities of cooperation with...

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12 June 2019

Nibulon to launch transshipment terminal

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Nibulon, one of Ukraine’s leading agroholdings, plans to complete the construction of its transshipment terminal in the Zaporizhia region of Ukraine by July 2019. For now, the company has assembled 6 of a total of 12 silos for grain storage. The truck unloader and the main building of the terminal have been fully installed. The total volume of...

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07 June 2019

Miratorg to build two sheep farms

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Miratorg, a Russia-based agroholding, plans to launch lamb production in the Tula region of Russia. The first sheep farm will be constructed by October 2019, while the second farm is to be launched in 2020. The total volume of investments is RUB 6 billion ($ 92.4 million). The annual production capacity of two farms will reach 134,000 sheep or...

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07 June 2019

FCC subsidiaries increased grain and oilseed supply

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Ak Biday-Terminal, a subsidiary of the state-owned Kazakh Food Contract Corporation (FCC), reported having transshipped 401,197 tonnes of grain at the port of Aktau within January-May 2019. At the same time, Astyk Koymalary, another subsidiary of FCC, handled 47,564 tonnes of grain and 448 tonnes of oilseeds within the same period of of 2019. FCC...

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06 June 2019

Chinese government to support large pig farms

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The Ministry of Agriculture and Rural Affairs of China has urged Chinese provincial authorities to financially support large scale pig farms in order to stabilize pork production after the outbreaks of African swine fever. In particular, aid loans under simplified procedures should be provided to pig farms with annual production capacity of over...

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06 June 2019

Kernel to double the capacity of its terminal

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Kernel, the world’s leading and Ukraine’s largest producer of sunflower oil, plans to double the operating capacity of its transshipment terminal in the seaport of Chornomorsk up to 8 million tonnes. With this increase, Kernel aims to minimize the costs of logistics.

The company processes 3.4 million tonnes of sunflower and transships 7.5 million...

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