News archive

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01 November 2019

EkoNiva wants to become world’s largest milk producer in 2020

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EkoNiva, the largest Russian producer of raw milk and a subsidiary of German Ekozem-Agrar, plans to increase its dairy herd up to 100,000 cows in the first half of 2020. So far, the company has 24 subsidiaries maintaining 89,000 dairy cows in total. At the moment, EkoNiva is constructing nine farms with a capacity of 3,500 to 6,000 dairy cows each....

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25 October 2019

MHP: emotions scanning to improve staff efficiency

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MHP, Ukraine’s vertically integrated agroholding, reports on a successful implementation of the second phase of its innovative project aiming at assessing the emotions of its staff members. Within the second phase, 350 employees at the company’s head office voluntarily took part in the monitoring. Meanwhile, their workplaces were equipped with...

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24 October 2019

Ukrainian agroholdings lost 22% in market capitalization

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The latest review of 14 Ukrainian publicly listed agroholdings prepared by Ukrainian Agribusiness Club (UCAB) shows a total decrease of 22% to $ 2.3 billion in their market capitalization in the period from October 2018 to October 2019. In particular, MHP’s market value fell 24%, while Kernel’s capitalization decreased 17%. Astarta and Ovostar lost...

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23 October 2019

Ovostar: egg sales down 16%

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Ovostar Union, a vertically integrated Ukrainian egg producer, has reported a decrease in sales by 16% to 888 million eggs within nine months of 2019 as compared to nine months of 2018. Of this amount, 440 million eggs were exported, a slight decrease compared to the same period last year. In total, Ovostar produced 1.191 billion of eggs in...

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22 October 2019

Authorities of the Altai Krai in Russia to support large farms

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Authorities of the Russian Altai Krai expressed the intention to financially support local large agricultural producers due to the new federal regulations which cancel the area-related subsidies for large farms with more than 100 employees. Such subsidies provide fixed amount of aid per hectare. As the new rules come into force in January 2020,...

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21 October 2019

Shares of Ukrainian agroholdings dropped

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The shares of Ukrainian publicly-listed agroholdings have fallen in the recent time. Among the main reasons are the expected launch of land market in Ukraine, growth of lease prices for farmland and drop in prices for agricultural commodities. For now, the list of affected companies includes Astarta, MHP, Kernel and Ovostar. In particular, Astarta...

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18 October 2019

Megamix to acquire Chuvashia-based agroholding

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Russia’s leading premix producer Megamix plans to acquire 72.9% of an agroholding Yurma, based in Chuvash Republic in the west of Russia. Yurma operates 20,000 hectares of farmland and is engaged in crop, poultry and pork production. In 2018, the company reported net profit of $ 4.1 million. Back in 2017, Yurma’s assets were estimated at $ 125...

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18 October 2019

MHP: poultry production up 18%

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MHP, a Ukraine-based vertically integrated agroholding, reports to have increased poultry production 18% to 540,130 tonnes within nine months of 2019, as compared to the same period last year. At the same time, poultry production in Q3 2019 rose 24% and amounted to 186,560 tonnes, as compared to Q3 2018. Such growth was due to the launch of new...

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17 October 2019

Development of large scale farming in South America: The role of policies and institutions

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In South American countries, agriculture has traditionally been represented by small and medium family farms operating their own land and capital. However, in recent decades, a trend toward farm consolidation and the rise of large corporate farming structures has been observed in countries such as Argentina and Brazil. The present article describes...

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17 October 2019

Cherkizovo to invest $ 101.5 million in oil refinery

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Cherkizovo, a Russia-based vertically integrated agroholding, plans to construct an oil refinery plant in the Lipetsk region of Russia in cooperation with Rosselkhozbank. The plant will produce soybean meal and oil. The worth of the project is estimated at $ 101.5 million. Daily processing capacity of the plant is expected to reach 2,500 tonnes of...

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