News archive
02 August 2019
JBS to launch a biodiesel plant
News -JBS, the world’s largest meat producer based in Brazil, plans to build a biodiesel plant on the premises of its subsidiary Seara Alimentos by 2021. The plant will use fat and scraps from pork and poultry as raw material for biodiesel production. So far, JBS operates two other biodiesel plants in Brazil, processing mainly bovine fat. With its third...
02 August 2019
Astarta: corn sales tripled
News -Astarta-Kyiv, a Ukraine-based agroholding, increased corn sales by 2.7 times to 511,740 tonnes in the first half of 2019, compared to 188,950 tonnes in the same period of 2018. The average selling price of corn was $ 184 per tonne. Sales of wheat fell by 68% to 16,640 tonnes in the first half of 2019, compared to 51,710 tonnes in 2018.
At the same...
01 August 2019
MHP to stop production of foie gras
News -MHP, a Ukraine-based leading poultry producer, plans to halt the production of goose meat and foie gras at its poultry farm Snyatynska by September 2019. Meanwhile, the assets of the farm, accounting for 0.5% in the structure of the assets of MHP, have been put up for sale. The key factor behind production shutdown is MHP’s corporate strategy that...
01 August 2019
Zakhidnyi Bug to acquire Gai Galychyny
News -Zakhidnyi Bug, a Ukraine-based agroholding engaged in crop production, intends to acquire Gai Galychyny enterprise located in the Lviv region of Ukraine. The ultimate beneficiary owners of Gai Galychyny are the enterprises Balki and Rubin 2013. So far, Zakhidnyi Bug operates 51,000 hectares of farmland in four regions of Ukraine. Previously,...
31 July 2019
Damate: milk production up 58%
News -Damate Group, a Russian agroholding engaged in the production of turkey meat, dairy farming and milk processing, increased the volumes of raw milk production at its dairy farm in the Tyumen region of Russia by 58% to 10,800 tonnes in Q2 2019, compared to the same period last year.
The key factor behind production increase is the growth in...
30 July 2019
Grain Alliance relaunched harvesting campaign 2019
News -Grain Alliance, a Ukraine-based agroholding engaged in crop farming, has resumed the harvesting campaign in the Chernihiv region of Ukraine. The harvest was suspended due to the unfavorable weather conditions. The company has sown 950 hectares of winter wheat and plans to harvest the remaining 400 hectares of winter wheat in the nearest future. ...
29 July 2019
Astarta reduced sugar sales 17%
News -Astarta-Kyiv, a leading Ukrainian producer of sugar, crops, milk and meat, decreased sales of sugar by 17% to 153,350 tonnes in the first half of 2019, compared to 184,580 tonnes in the same period 2018. The average selling price of sugar decreased by 9% to UAH 10,000 ($394) per tonne. So far, Astarta operates 250,000 hectares of farmland, 27,000...
26 July 2019
Astarta: sunflower sales down 62%
News -Astarta-Kyiv, a Ukraine-based agroholding, reduced the sales of sunflower 62% to 17,830 tonnes in the first half of 2019, compared to 46,300 tonnes in the same period of 2018. At the same time, the company increased the sales of soybean oil 20% to 26,200 tonnes, compared to 21,860 tonnes in the first half of 2018. Also, Astarta increased the sales...
25 July 2019
Ovostar Union: sales of dry egg products down 25%
News -Ovostar Union, a Ukraine-based vertically integrated agroholding, decreased the sales of dry egg products 25% to 1,030 tonnes within six months of 2019, compared to 1,380 tonnes within the same period in 2018. In particular, 714 tonnes of dry egg products (69% from the total amount sold) were exported in the first half of 2019, compared to 980...
24 July 2019
CFG acquired 26 combines
News -Continental Farmers Group (CFG), operating 195,000 hectares of farmland in five regions of Ukraine, has acquired 26 new combines for $ 12.2 million. In addition, CFG purchased 50 new tractors, 10 self-propelled sprayers and soil tillage cultivators. The purchase of agricultural equipment is part of the company’s investment plan for 2019 worth $ 51...