The latest research of Ukrainian Agribusiness Club (UCAB), aimed at estimating the tax burden of Ukraine-based agroholdings, discloses that the analyzed large farms paid $ 262 million of taxes in total or $ 124 of taxes per hectare in 2018. UCAB collected data from large crop producers operating 2.1 million hectares altogether, which is 38% from...

Rusagro, a Russia-based agroholding engaged in crop, sugar and meat production, discloses that the acquisition value of a 22.5% stake in Agro-Belogorye in August 2019 amounted to $ 133.1 million. Back then, the independent experts estimated this sum at $ 411.5 million. Agro Belogorye is a Russian third largest pork producer with a 5% share on the...

AFG National, a Russian leading rice producer, has completed harvesting campaign of rice in the Krasnodar Krai and Rostov region. The gross harvest amounted to 233.500 tonnes from the farmland area of 30,500 hectares, a 5.2% increase as compared to the last year. Rice yields rose from 7.53 tonnes/hectare to 7.65.tonnes/hectare. Accordingly, AFG...

SLC Agrícola, a Brazil-based agroholding, faced a cumulative decline of 38,5% in its share price in the period from January to September 2019 as compared to a 133% growth within the same period in 2018. The main reason behind the decline of SLC Agrícola’s market capitalization might be insufficient production volumes in the current year. SLC...

Astarta-Kyiv, Ukraine’s large-scale sugar producer, is to get a loan in the amount of $ 20 million from the German investment corporation DEG, a subsidiary of KfW Bank Group. The raised funds will be used to finance the company’s working capital and capital expenditure program. Within nine months of 2019, Astarta’s net profit decreased 3.4 times as...

Sichuan Province, a major hog producing region in China, plans to launch 13 new large-scale pig farms by 2020 with total production capacity at the level of 10 million hogs p.a. The total volume of investments is estimated at $ 355.5 million. Chinese authorities want to boost national pork production after the numerous outbreaks of African swine...

A Russia-based agroholding Rusagro reports its net profit to have reduced 50% to $ 59.4 million in Q3 2019. Meanwhile, revenue increased 74% to $ 528 million within the same period. EBITDA slightly decreased to $ 68.9 million, and EBITDA margin reduced from 23% to 13%. This decline is due to a margin drop in all segments of Rusagro’s business...

Milkiland, an agroholding specialized in dairy production with major operations in Ukraine, reports net loss of $ 12.6 million in January-September 2019, a 15% improvement as compared to net loss of $ 14.8 million in the same period last year. At the same time, revenue decreased 2.3% to $ 106.8 million within 9 months of 2019. Gross profit fell 18%...