Kernel, a Ukraine-based agroholding, plans to expand its farmland area to 700,000 hectares in the upcoming years. The company wants to accumulate farmland through acquisitions of agricultural enterprises. Within the next five years, Kernel expects to raise its annual sunflower processing volumes to 6 million tonnes and to increase its annual grain...

A founder and major shareholder at Ukraine-based agroholding IMC Oleksandr Petrov has increased his stake in the company 0.13% to 80.41%. In particular, he has acquired 43,150 shares of IMC at a price of about $7.84 per share. The total worth of the deal was about $338,300. Previously, IMC has reported that its net profit almost tripled to $77.4...

Kernel, a Ukraine-based agroholding, has received net profit of $643 million in 2021 fiscal year (FY), a 422%-increase as compared to FY 2020. Meanwhile, the company’s revenue rose 38% to $5.65 billion, gross profit increased 98% to $903 million, and operational profit rose 140% to $812 million in FY 2021 as compared to FY 2020. EBITDA doubled to...

Nibulon, one of Ukraine's largest agroholdings that has its own freight fleet, has leased out two barges to Ukraine-based port operator Ascet Shipping. The companies have lately signed a respective agreement for eight years. Each vessel has transport capacity of 4,500 tonnes. The total worth of the deal is $4.5 million. In FY 2021/22, Nibulon plans...

A co-owner of a Russia-based agroholding Rusagro Vadim Moshkovich plans to sell a 13.4% stake in the company via secondary public offering of its shares (SPO). In particular, Rusagro’s major shareholder Granada Capital CY Limited controlled by Vadim Moshkovich is going to trade 18 million of Rusagro’s global depositary receipts. With this deal, the...

Miratorg, Russia’s largest meat producer, reports on the outbreak of African swine fever at one of its pig farms in the Belgorod region. In response to the outbreak, the local authorities have set up a quarantine zone around the farm. The number of pigs maintained at the facility has not been disclosed. The previous case of African swine fever at...

NOVAAGRO Group of Companies, a Ukraine-based agroholding with operations in the Kharkiv region, keeps storing grains and oilseeds of the current harvesting season at its grain elevators. As per late September 2021, the company stored over 200,000 tonnes of crops from the local farmers. Novaagro operates eight grain elevators with one-time storage...

Agrotrade, a Ukraine-based agroholding, is currently busy with sowing winter wheat on the farmland area of 18,000 hectares, a 20%-increase as compared to last year. Also, the company continues harvesting sunflower from 8,000 hectares, corn from 17,800 hectares, and soybeans from 5,000 hectares. Due to implementing new technology solutions, this...

Steppe Agroholding, Russia’s large-scale crop and dairy producer, has reported revenue of $155.8 million for August 2021, which is a record-high monthly result in the company’s history. The key drivers behind these positive dynamics is the development of Steppe’s crop and dairy segments: expanding farmland area, higher yields, increasing export...

Dnipro Agro Group, Ukrainian large-scale crop producer operating 50,250 hectares of farmland, has completed sowing campaign of winter rapeseed on the farmland area of 7,470 hectares. In the nearest future, the company plans to sow winter wheat on 8,560 hectares and winter barley on 290 hectares. 

Meanwhile, Dnipro Agro Group continues harvesting...