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15 January 2020

The downfall of UkrLandFarming may have devastating consequences for Ukraine

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UkrLandFarming, one of Ukraine’s largest agroholdings, has been at the center of a corruption scandal after its owner Oleh Bahmatyuk was declared wanted in charge of money-laundering and illicit enrichment and fled the country. Oleh Bahmatyuk considers the allegations as baseless and the investigation process on behalf of Ukrainian legal...

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14 January 2020

Nibulon hit its 10-year exports record

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Nibulon, a Ukraine-based agroholding operating its own freight fleet, reports to have shipped a record high volume of commodities within a 10-year period. In particular, the company exported 5.3 million tonnes of grains and oilseeds in 2019, an 8% increase as compared to 2018. In 2020, Nibulon plans to reach a figure of 6 million tonnes due to the...

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13 January 2020

EkoNiva launched two new dairy farms

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EkoNiva, the largest Russian producer of raw milk and a subsidiary of German Ekozem-Agrar, launched two new dairy farms in the Voronezh region of Russia. Each farm is designed to maintain 2,800 dairy cows and 4,000 calves. After reaching full capacity, the farms will produce 90 tonnes of milk per day. The total volume of investments in two...

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10 January 2020

Ukrprominvest-Agro produced record-high amount of sugar

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Ukrprominvest-Agro, the third largest sugar producer in Ukraine, reports that its sugar factories achieved record production results in 2019. In particular, its Kryzhopil sugar plant produced 117,000 tonnes of sugar from 740,000 tonnes of sugar beets and became the largest producer of sugar countrywide. The average sugar content was 15.78%. At the...

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10 January 2020

NIBULON: record harvest in 2019

Nibulon, one of the Ukraine’s largest agroholdings, reports a record-high crop in 2019. In total, the company harvested 367,000 tonnes of grains and oilseeds, a 9% increase as compared to 2018. The record figures were achieved in wheat, sunflower and sorghum productions. Gross harvest of wheat was 138,000 tonnes; sunflower yields were 2.5...

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10 January 2020

Agromino's board chairman gained more control over the company

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Agromino, a Denmark-based agroholding with operations in Estonia, Russia and Ukraine, reports its Board Chairman Peter Krogman increased his stake in Agromino through the Czech investment fund Mabon. In particular, Peter Krogman bought 114,000 shares of the company at a price of $ 1.74 per share. The transaction value was almost $ 200,000. As for...

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09 January 2020

Large farms produce a half of U.S. agricultural output

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The latest U.S. federal government report informs that family farms prevail over corporate farms in the structure of the U.S. agriculture. Altogether, the family farms represent 98% of U.S. farms and 88% of U.S. agricultural production. At the same time, the large-scale family farms with annual gross profit of more than $1 million account for 46%...

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08 January 2020

Agricom Group to produce flakes from its own oats

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Agricom Group, a Ukrainian producer and processor of crops operating 40,000 hectares of farmland, plans to grow more oats to provide raw materials for its flakes production plant. In particular, the company plans to allocate up to 4,000 hectares for oats production and thus cover about 60% of its needs in commodities for processing as compared to...

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07 January 2020

U.S. 10% largest farms got 50% of trade aid in 2019

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The Market Facilitation Program (MFP) of the Trump administration allocated $15.9 billion of subsidies to the U.S. crop and hog farmers in 2019 as compensation for their losses due to the U.S.-China trade war. However, most of the aid allegedly went to the largest agricultural enterprises leaving the medium and smaller ones behind.

According to...

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