Miratorg, one of the largest Russian agroholdings, engaged in meat manufacturing and crop production, intends to build an oil-extracting plant in the Orlov region of Russia by 2020. The agroholding and the government of the region have already agreed upon the investment project worth RUB 3.6 billion ($ 53 million). The plant is to process...

The dairy cooperative SanCor is in the negotiation phase with several companies to avoid its bankruptcy. SanCor has announced that the negotiation process will be completed by the end of the year. At the moment, it is known that Adecoagro will no longer be a sole acquirer of SanCor, but it will be among the companies that will take over the...

Mriya Agroholding, a group of companies operating 165,000 ha in 6 regions of Ukraine, might reach EBITDA of US$ 25-26 million in 2018, according to the analyst of the investment company Concorde Capital, Andrey Perederiy. The forecast is based on the estimates of the sown areas and average yields. As reported earlier, Mriya is to pay US $ 309.5...

Saman, one of the most important rice producers in Uruguay, founded in 1942, has recently closed two plants in the city of Rio Branco and released 33 workers. Saman is in a difficult financial situation due to the crisis of the Uruguayan rice industry. The volume of rice production has fallen by 30% in the last years and the planted area has...

Brazilian BFR, the world's largest exporter of chicken meat, announced a restructuring plan of its businesses in Europe and Thailand and a divestiture of its companies in Argentina. This is a part of a debt restructuring process, which involves the sale of all BRF’s operations in Argentina. With this plan and sale of assets, the company intends to...

According to the USDA’s March 2018 Economic Research Service (ERS) report Three Decades of Consolidation in U.S. Agriculture, agricultural production in the U.S. has been shifting to fewer, but larger farms over the last 3 decades.  According to the 2012 USDA Census of Agriculture, there were about 2.1 million farms in the U.S. compared to 2.2...

The third largest (in terms of area) Russian agroholding Rusagro is reportedly negotiating with a milk manufacturer Alev JSC, located in the Samara region of Russia, on the purchase of its production capacities. Although both companies refuse to comment on the negotiation process, Rusagro is known to have been considering investing in milk...

Four months ago, the Adecoagro group offered $ 400 million for a 90% share of the Argentine dairy cooperative SanCor, but no agreement has yet been reached. The dairy cooperative is now preparing a new plan to avoid bankruptcy. SanCor would transfer its brands and plants to three firms and, in return, it would receive approximately $ 150 million...