Ristone Holdings, a Ukraine-based agroholding, has shared its investment and production plans for 2021. In particular, the agroholding wants to allocate about $5 million for the purchase of agricultural machinery. Besides, the company plans to expand its irrigation system and to increase farmland area under industrial crops. In 2021, Ristone...

Ukrainian Agrarian Holding (UAH), Ukrainian large-scale crop and raw milk producer, has launched the first stage of its new grain elevator in the Lviv region. Currently the facility’s storage capacity is 65,000 tonnes. The designed storage capacity of the elevator is 205,960 cubic meters. Also, the company has developed a route for the...

KSG Agro, a Ukraine-based large-scale pig and crop producer, plans to buy 1,000 sows from Denmark in 2021. The sows will be supplied to the company’s pig farm in the Dnipropetrovsk region and are expected to replace the old sow herd. This way, KSG Agro wants to improve the genetic characteristics of its pig herd and increase pig production. Besides...

Agrotrade, a Ukraine-based agroholding, reports to have completed sowing campaign of winter crops. The company has sown wheat on farmland area of 16,000 hectares, rapeseed on 6,000 hectares, barley on 890 hectares and rye, a new crop in Agrotrade’s crop portfolio, on 1,500 hectares. Additionally, Agrotrade plans to start sowing sorghum next year. 
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IMC, a Ukraine-based agroholding, has completed corn harvesting. The company has harvested 645,500 tonnes of corn from 69,200 hectares of farmland and reports the average corn yield of 9.33 tonnes/hectare, which is 77% higher as compared to the average corn yields countrywide in 2020. In total, IMC operates 123,000 hectares of farmland and produces...

Cherkizovo, a Russian large-scale meat producer, plans to export a total of 85,000 tonnes of meat in 2020, a 70%-increase as compared to 2019. In particular, poultry is to make up 74% of the company’s export portfolio in 2020 with an expected rise in poultry exports 85% to 63,000 tonnes. The major export destination for Cherkizovo’s poultry...

Kernel agroholding headed the November 2020 list of VAT refund recipients among the agri-food companies in Ukraine. In particular, Kernel’s subsidiary Kernel-Trade received $33.6 million in VAT refunds. Another agroholding, Nibulon, was ranked fourth having received a refund of $13,8 million. Kernel operates 530,000 hectares of farmland and is the...

AgroVista, a Ukrainian large-scale crop and livestock producer, has signed a deal with an American investment fund to receive a $10 million loan. The company will use the attracted investment to maintain liquidity and develop its trade and logistic activities. AgroVista operates 80,000 hectares of farmland and has one-time grain storage capacity of...

Cygnet, a vertically integrated Ukrainian agroholding, reports to have completed sugar season 2020 at its sugar plant. In 2020, the company produced 18,900 tonnes of sugar from 140,300 tonnes of sugar beets. This year’s season became the shortest in the history of the plant due to unfavorable weather conditions and, accordingly, declined sugar...

Cresud, an Argentina-based company engaged in large-scale agricultural and real estate business, has reported net profit of $2 million for Q1 FY 2021 (July 2020 – June 2021) in agribusiness segment, a 590%-decrease as compared to net profit of $13.8 million in Q1 FY 2020. Gross profit declined from $21.8 million to $24.6 million, while operating...