Astarta, a Ukraine-based vertically integrated agroholding, harvested 183,000 tonnes of oilseeds in 2018, thus increasing the production volume 20% compared to 2017. The company gathered 67,000 tonnes of soybeans and 116,000 tonnes of sunflower, with an average yield of 2.9 tonnes per hectare each. At the same time, the company’s average yield of...

The Argentine dairy cooperative SanCor accepted the offers to sell some of its businesses made by the agro-industrial group Adecoagro and the Vicentin Family Group. The deal will include the takeover of SanCor’s two industrial plants and two brands by Adecoagro and the takeover of a distribution center by Vicentin. SanCor is amid difficult...

The Ministry of Agriculture of Brazil investigates BRF S.A., the world's largest chicken exporter, on non-compliance with food safety standards. A federal police report states that senior BRF officials allegedly tampered with documents and laboratory results to circumvent food safety and quality controls. Federal police alleged BRF of attempts to...

Mriya agroholding, one of the leading potato producers in Ukraine, finished the harvest of potatoes for this season. The average crop yield amounted to 37.7 tonnes per hectare. The company expanded the crop area from 92 hectares in 2017 to 634 hectares in 2018 and plans to increase it to 2.038 hectares in 2019. Mriya operates its own storage...

Otrada Farms, a farming division of the Russia-based Otrada Group, plans the construction of pig feedlots with a fattening capacity of 8,000 tonnes per year and a breeding farm for 2,300 sows in 2019-2020. The estimated value of the investment is RUB 7 billion (about $ 106.4 million). The implementation of the project will allow the company to...

Ovostar Union, one of the leading egg producers in Ukraine, increased egg sales by 27% during the first 9 months of 2018. The egg sales volume reached 1,056 million units, out of which443 million were exported. The production volume decreased to 1,202 million eggs from 1,246 million in the same period of 2017. The average price of eggs rose by...

According to the rating of the Top-100 wealthiest people of Ukraine, issued by Novoye Vremya and the investment company Dragon Capital, 22 businessman involved in Ukrainian agribusiness are included into this list. 3 of them are even among the Top-10 richest people of Ukraine. The third place is taken by Vadym Novynskyi, the beneficiary of Smart-H...

Kernel, the largest Ukrainian producer of sunflower oil, plans to invest $ 329 million in 2019. The holding will allocate $ 42 million to the construction of an oilseed processing plant in Western Ukraine and $ 66 million for the construction of an export terminal in the port of Chornomorsk. It will also invest $41 million in silos, $ 7 million in...