Agrovalley Limited, controlled by Aleksandr Petrov, Chairman of the Board of the IMC agroholding, acquired 90,000 shares of IMC at a fixed price of PLN 12.6 per share ($ 3.11). As a result of the purchase, the company increased its shares to 23.52 million (70.88 %) out of 33.178 million registered shares of IMC. The IMC company’s net profit in the...

MHP agroholding plans to double its annual exports of poultry meat from 260,000 to 520,000 tonnes in the next five years. From 2007 to 2017, the production of poultry products in the MHP increased from 173,000 to 566,000 tonnes, and the revenue grew to $ 1.3 billion. All enterprises of MHP adhere to the highest international standards for managing...

Avangard, the Ukraine-based egg producer and a subsidiary of the second largest Ukrainian agroholding Ukrlandfarming, intends to regain the title of the world’s second largest egg manufacturer, lost due to military aggression in Eastern Ukraine and subsequent loss of domestic market share. According to the owner of Ukrlandfarming, Oleg Bakhmatyuk,...

Sanderson Farms, the third largest poultry producer in the United States, issued a statement that 1.7 million of its broiler chickens were destroyed as a result of flooding in North Carolina. 60 of its 880 broiler houses and four breeder houses out of 92 were flooded and another six broiler houses experienced damage. More chickens could die and...

Agricom Group, a Ukrainian agroholding operating 40,000 hectares, is to invest $ 1 million in the purchase of innovative solutions for its business. As reported by the CEO of Agricom Group, Petro Melnyk, the money will be allocated for the purchase of artificial intelligence software that enables agronomists to monitor the fields, to collect and...

Agricom Group, a grain producer and manufacturer of cereal products operating 40,000 hectares in Ukraine, intends to enter the markets of the EU, Asia and Africa. According to the CEO of Agricom Group, Petro Melnyk, the company started exporting its products to Israel, Romania, Saudi Arabia and Hungary in 2018. The first export deliveries to South...

Rostok Holding, a vertically integrated Ukrainian agroholding specialized in milk and crops production, is to increase the drying capacities of its two grain elevators in the Chernihiv and Sumy regions of Ukraine. After the reconstruction, the total drying capacity of the company will exceed 7,000 tonnes per day. The growing crop productivity is...

Macquarie Group, a global diversified financial group, is planning to buy farms of the Qatar-based Hassad Food in Australia. The properties comprise more than 100,000 hectares of livestock and cropping land in NSW, Victoria and Western Australia. According to The Australian Financial Review the transaction is worth $ 300 million. The farms will be...

Kernel agroholding, a leading global producer and exporter of sunflower oil from Ukraine, intends to invest in its machinery park. According to the head of Kernel’s financial department Iryna Feshchuk, the company is going to spend $ 55/ha or $33 million in total on the purchase of self-propelled machines, automobiles and other machinery within...

Dnipro Agro Group, a vertically integrated agroholding operating 35,500 hectares in the Dnipropetrovsk region of Ukraine, purchased Bozhedarivsky grain elevator with a capacity of 43,000 tonnes in the above mentioned region. Thus, the agroholding increased its total storage capacity from 81,000 tonnes to 124,000 tonnes. Dnipro Agro Group produces...