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18 April 2019

Chinese large pig farms to be tested for African swine fewer

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The Ministry of Agriculture and Rural Affairs of China intends to fight the spread of African swine fewer among Chinese pig farms through early detection and prevention activities. The Ministry encourages large scale pig farms to test their pigs for the disease and is to approve special testing kits for this purpose. Also, the authorities are to...

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17 April 2019

SALIC acquired Australian agroholding Baladjie Pty

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The Saudi Agricultural & Livestock Investment Company (SALIC) continues strengthening its presence worldwide. The company reported about the acquisition of the Australian agroholding Baladjie Pty Ltd, operating 200,000 hectares of farmland and a sheep herd of 40,000 heads.  The deal value has not been disclosed. However, it has reportedly exceeded...

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16 April 2019

Ukrlandfarming doubled salaries in last two years

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Ukrlandfarming, one of the largest Ukrainian agroholdings, reported a 90% salary increase for its employees in the last two years. According to the CEO at Ukrlandfarming Oleg Bakhmatyuk, the company monthly allocates $ 9.36 million for the salaries. The average salary in the agroholding equals $ 410 (UAH 11,000), while the engineers at the company...

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15 April 2019

Miratorg launched genomic selection center

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Miratorg, Russia’s largest pork and beef producer, reports to have launched an innovative genomic selection center, which aims to study pig and cattle genomes. The facility’s operating budget equals $ 68.4 million (RUB 4.4 billion). With the expected performance of about 400 DNA-studies per year, the center is to join the world’s top 5 leading...

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15 April 2019

UKROAGRO ALLIANCE disproves KSG Agro’s announcement on restructuring its debt to Big Dutchman

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KSG Agro, a Ukraine-based agroholding, has allegedly released misleading news on restructuring its debt to Big Dutchman. Another Ukrainian agroholding, UKROAGRO ALLIANCE, reports to have taken over the KSG Agro’s debt to big Dutchman in October 2018 while the agreement between KSG Agro and UKROAGRO ALLIANCE on further debt repayment was signed in...

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12 April 2019

EkoNiva launched new dairy farm

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EkoNiva, the largest Russian producer of raw milk and a subsidiary of German Ekozem-Agrar, launched a new dairy farm in the Ryazan region. The farm is designed for 2,800 dairy cows and 4,200 calves. The total milk output is to reach 80 tonnes per day. The volume of investment exceeded $ 46.7 million (RUB 3 billion). With the launch of the farm the...

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12 April 2019

Desdelsur got funding from IABD and Rabobank

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Desdelsur, an Argentina-based agroholding operating 56,000 hectares of farmland has received a $ 30 million loan facility from the Inter-American Development Bank and the Dutch Rabobank. The agroholding plans to invest in the modernization of its processing plants, increase the amount of livestock and renew its machinery park. So far, Desdelsur...

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12 April 2019

KSG Agro’s debt to Big Dutchman restructured

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KSG Agro, a Ukraine-based agroholding, reached agreement with its German creditor Big Dutchman on debt restructuring. As part of the restructuring, the total amount of KSG Agro’s debt to The Big Dutchman is to be reduced from $ 5.4 million to $ 1.2 million. The agreement between companies was signed after four years of legal proceedings. The...

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11 April 2019

JBS to increase meat exports to China

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JBS, the Brazil-based meat producer, expects the demand for meat in China to grow due to massive swine fever outbreaks across the country. Also, rising incomes of the population might be another factor for the increase of meat consumption in China. So far, JBS subsidiaries in four Brazil states have been certified to export meat to China. As...

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10 April 2019

Agroprosperis joined The Grain and Feed Trade Association

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Agroprosperis, one of the largest Ukraine’s agroholdings, has become the member of The Grain and Feed Trade Association (GAFTA), an international trade association connecting over 1800 members from 95 countries across the world. With the membership in GAFTA, Agroprosperis gets access to a large network of market players worldwide, as well as to a...

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