News archive
16 April 2020
TOP 10 largest raw milk producers worldwide
Ranking -The recent ranking of International Farm Comparison Network (IFCN) lists the world's largest raw milk producers based on their output volumes. Top 10 milk producers from China, USA, Saudi Arabia, and Russia account for 1.1% of the world's raw milk production. The list is headed by Almarai, the Saudi Arabian company which produced 1.47 million...
16 April 2020
Samoran Investments Limited to increase its stake in Rostok-Holding
News -The Antimonopoly Committee of Ukraine (AMCU) authorized Samoran Investments Limited, registered on British Virgin Islands, to buy the shares of Rostok-Holding, a Ukraine-based agroholding. With this acquisition, Samoran Investments Limited will raise its stake in the company from 25% to 49.9999%. Rostok-Holding operates 60,000 hectares of farmland...
16 April 2020
Kernel issued 2 million new shares
News -Kernel, the largest producer of sunflower oil in Ukraine, issued 2.09 million of new ordinary bearer shares without indication of a nominal value bearing code. New shares were placed on the main market of the Warsaw Stock Exchange (WSE). Capitalization of Kernel increased 19.7% to $802 million in the period from April 2 to 9, 2020.
15 April 2020
Astarta: sugar exports down 85% in 2019
News -Astarta, a Ukraine-based agroholding and leading sugar producer operating 250,000 hectares of farmland, has reduced the volumes of sugar exports 85% to 20,000 tonnes in 2019, as compared to 2018. The key driver behind this decline was a drop in the global sugar prices. Also, the company’s sugar sales fell 7% to 301,000 tonnes, while its sugar...
14 April 2020
Nibulon: machinery expenditure $1.2 million
Nibulon, a Ukraine-based agroholding operating 82,500 hectares of farmland, has allocated $1.22 million for the purchase of agricultural machinery. In particular, the company expanded its machinery park with new planters, fertilizer-spreaders, telescopic handlers, and a self-propelled sprayer. In the past years, Nibulon bought 140 vehicles worth...
14 April 2020
UkrLandFarming: 60% of farmland under corn
News -UkrLandFarming, one of Ukraine’s largest agroholdings, plans to complete its sowing campaign in the upcoming weeks. The company allocated 60% of its farmland area for corn, 30% for sunflower, and the rest 10% for soybeans. This year, UkrLandFarming slightly postponed field works due to dry and cold weather conditions. UkrLandFarming operates...
09 April 2020
Kernel stored 4 million tonnes of grains at its elevators in 2019/2020 FY
News -Kernel, Ukraine's largest sunflower oil producer, reports that its grain elevators have stored 4.1 million tonnes of commoddities in 2019/2020 fiscal year (FY). Some of the facilities were loaded several times during the reported period. Kernel operates Ukraine's largest network of elevators with a total one-time storage capacity of almost 3...
09 April 2020
Cherkizovo to produce soybean oil
News -Cherkizovo, Russia’s leading meat producer, plans to construct an oil extraction plant in the Lipetsk region. The plant will process soybean into soybean meal, oil and soy lecithin in the amount of 2,500 tonnes per day. The launch of the facility is scheduled for 2022, and investments in the plant are estimated at $95.5 million. Cherkizovo plans to...
08 April 2020
Miratorg became Russia’s first beef exporter to China
News -Miratorg, Russia’s largest meat producer, reports to have exported its first batch of beef to China. The volume of the shipment is 200 tonnes. Miratorg was certified to supply beef to China in early 2020, after seven years of negotiations at the inter-state level, and became the first Russia-based company to have received such permission. The...
07 April 2020
Development of large-scale farming in Romania: the role of policies and reforms
Overview -Romania, a former socialist country and a member state of the European Union today, has experienced a steady growth in the number and size of large farms over the past years. Commercial farms of over 100 hectares represent 0.4% of Romania’s farms and altogether control almost 6 million hectares or 47.8% of the country’s total farmland. Meanwhile,...