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18 February 2021

Damate to expand duck meat production

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Damate, a Russia-based agroholding, wants to increase commercial flock on its duck farm in the Rostov region from 273,000 heads to 1 million heads in 2021. Formerly owned by bankrupt agroholding Donstar, the facility was leased and relaunched by Damate in late 2020. In 2021, the farm plans to produce 13,000 tonnes of duck meat. After reaching full...

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17 February 2021

Grain Alliance to develop own railcar park

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Grain Alliance, a Ukraine-based agroholding, has bought 54 grain railcars from a local Ukrainian producer. The company plans to develop its own freight park to cover its needs for secure and reliable grain transportation. The key driver behind this decision is poor quality of public freight rail transport in Ukraine. According to the Ministry for...

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15 February 2021

USA: number of non-family farms up 18% in 2012-2017

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A recent study by U.S. Department of Agriculture reports growth in the number of non-family farms and their share in agricultural production in the U.S. between 2012 and 2017. In the reporting period, the number of non-family farms rose 18% to 82,885 enterprises. At the same time, 96% of the total of 2 million farms remain family-owned.

As of...

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11 February 2021

Ristone Holdings halved its loan burden in 2020

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Ristone Holdings, a Ukraine-based agroholding, reports to have reduced its loan burden from $34 million to $16.9 million in 2020. In January 2021, the company’s loan debt was reduced by another $1 million. In the nearest future, the company plans to develop its new pig breeding project in cooperation with national and foreign investors. Ristone...

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09 February 2021

Astarta-Kyiv sold two sugar plants

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Astarta-Kyiv, Ukrainian large-scale sugar producer, has completed a sale of its two sugar plants in the Kharkiv region. As reported by the company, the key reason behind this deal was inefficient sugar production due to the lack of sugar beet producers and, accordingly, raw materials in the region. With this decision, Astarta wants to focus on its...

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09 February 2021

Nibulon tops the list of VAT refund recipients in Ukraine

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Nibulon, a Ukraine-based agroholding, headed the January 2021 list of VAT refund recipients among the agri-food companies in Ukraine. In particular, Nibulon received $40,7 million in VAT refunds. Kernel-Trade, a subsidiary of another Ukrainian agroholding Kernel, was ranked second with $36.8 million. Ukraine’s largest poultry producer MHP received...

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08 February 2021

Bird flu detected at Damate

An outbreak of avian influenza virus (informally known as bird flu) has been detected on a turkey farm of the Russia-based agroholding Damate Group in the Krasnosulinsky district of the Rostov region. The total poultry flock of 213,000 birds maintained on the farm has been culled. The facility has been acknowledged by the local veterinary...

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05 February 2021

UKRPROMINVEST-AGRO covered 22% of Ukrainian flour exports in 2020

UKRPROMINVEST-AGRO, a Ukraine-based agroholding, reports that its subsidiary Vinnytsia bread factory No.2 produced 138,800 tonnes of flour in 2020, which makes up 10.1% of the total flour production volumes in 2020 countrywide. Also, the factory exported 48,000 tonnes of flour in 2020, accounting for 21.5% of the country's total flour exports last...

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29 January 2021

EkoNiva: raw milk production up 22% in 2020

EkoNiva, Russia’s largest raw milk producer and a subsidiary of German Ekosem-Agrar, reports to have raised raw milk production 22% to 925,000 tonnes in 2020, as compared to 2019. Meanwhile, the company’s total dairy herd reached 105,000 cows in 2020, a 7% increase as compared to 2019. Also, EkoNiva built four new dairy farms in the reporting...

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28 January 2021

Ovostar Union: egg production up 5%, egg sales down 4% in 2020

Ovostar Union, Ukrainian vertically integrated agroholding and large-scale egg producer, reports to have produced 1.67 billion eggs in 2020, a 5% increase as compared to 2019. At the same time, the company’s egg sales fell 4% to 1.1 billion eggs within the same period of time. In 2020, Ovostar Union exported 349 million eggs, a 34% decrease as...

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