Ukrlandfarming, one of the largest agroholdings of Ukraine, reported to have sown 60% of its operated farmland area with winter rapeseeds. The company made no changes to crop structure as compared to the previous sowing campaign. So far, Ukrlandfarming operates 500,000 hectares of farmland across Ukraine and is engaged in crop, livestock, dairy,...

Steppe agroholding, an agricultural subsidiary of AFK Sistema Corporation, plans to invest $ 32 million in the construction of a dairy and livestock farm in the Rostov region of Russia. The capacity of the farm will be 3,100 heads of cattle. The total production capacity is expected to be 33,000 tonnes of milk per year. Currently, Steppe is engaged...

Food Contract Corporation (FCC), a subsidiary of the state-owned Kazakhstani holding KazAgro, stored 51,726 tonnes of grains and 448 tonnes of oilseeds at the grain depots of Astyk Koymalary subsidiary in January-July 2019. During seven months of this year, FCC has transshipped 433,181 tonnes of grains through the Ak Biday grain terminal at the...

A crash landing of a plane of Ural Airlines in the Moscow region of Russia has damaged the corn field operated by a dairy farm of a Russia-based agroholding Rusmolko (subsidiary of OLAM International). The farm produces corn as a feedstuff for 2,800 dairy cows.  As reported by local officials, the damage is to be estimated after emergency medical...

SLC Agricola, a Brazil-based agroholding, reported a consolidated net income of $ 52.3 million in Q2 2019, a 26% increase as compared to Q2 2018. Within the same period, EBITDA rose 27.6% to $ 91.4 million. EBITDA margin was 25.1% in Q2 2019.

Over the half-year of 2019, consolidated net income declined 4.2% to $ 79.7 million and EBITDA slightly...

Los Grobo Agropecuaria and Agrofina, the subsidiarieas of the Argentina-based agroholding Grupo Los Grobo, report to have received syndicated loans from private banks in Argentina totaling $ 120 million. The funds will be used for repayment of liabilities and investments in working capital. In particular, $ 70 million for Los Grobo Agropecuaria and...

Ukrlandfarming, the second largest Ukrainian agroholding in terms of land use, reports to have invested $ 1 million in implementing clean-up systems at its grain elevators within the last three years. In particular, the facilities were equipped with aspiration and air-cleaning systems, as well as with dust filters. In the nearest future,...

Cresud, an Argentina-based agroholding, is allegedly responsible for a recent massive deforestation of 120,000 hectares in the Gran Chaco region in Argentina. As reported by Greenpeace, such actions might cause the extinction of the last twenty jaguars populating the region. A recent study estimates that 50% of birds and 30% of mammals will become...

Adecoagro, an Argentina-based agroholding, reported net income of $ 23.3 million in Q2 2019. In Q2 2018, the company recorded $31.0 million net loss. Adjusted EBITDA was $ 86.9 million in Q2 2019, a 36.5% decrease compared to Q2 2018. Gross sales reached $ 219.9 million in Q2 2019, 1.9% higher in a year-over-year comparison. In sugar, ethanol &...

Rusagro, one of the largest Russian agroholdings, increased net profit 43% up to $ 49.9 million in the first half of 2019 as compared to the same period in 2018. EBITDA rose 53% to $ 131.7 million. Total sales more than doubled from $ 491.7 million to $ 1.1 billion in the first half of 2019.

Revenue from the agricultural segment grew almost three...