08 February 2018
The cost of agricultural land in the major grain-producing regions of Russia reached a peak of the last five years in 2017 – both in rubles and in dollars. In the Krasnodar region, a hectare of cultivated arable land costs about 134.000 rubles (2.290 $). At the same time, agricultural land in Russia is still undervalued compared to land in other countries.
08 February 2018News -
Agroprosperis concluded a swap deal for the supply of 10,000 tonnes of maize in March 2018 on the Odessa CPT basis, with reference to the price indicator of Thomson Reuters. This financial instrument was used in Ukraine for the first time. According to Igor Osmachko, Director of Agroprosperis, this form of trade can be an effective tool for hedging...
06 February 2018
Larger, more standardized farms are appearing in China to meet the demand of a more sophisticated market. Since the feed costs are among the world's highest in China due to heavy dependence on imported soybeans, Chinese farms are getting larger to save at least the fixed costs.
02 February 2018
Ukraine’s biggest corn growers are reluctant to expand production. Mriya and Nibulon are even planning to reduce corn plantings by at least 17 % in the upcoming season due to unfavorable producer prices for corn. A part of the problem is that exporters are facing fierce competition from Brazil.
02 February 2018News -
New changes to federal laws are designed to make farm acquisitions more transparent in Australia. Local Australians are forced to advertise and inform through marketing that the farm is for sale. The reason for this change is the aim to give Australians more opportunities to purchase agricultural land ahead of foreigners. The concerns of the local population about foreigners owning farmland in Australia have become louder since 2015.
01 February 2018News -
The Ukrainian agroholding "Nibulon" launched a modern line for processing grain waste into fuel briquettes. The waste was generated as a result of cleaning and drying grain and sunflower seeds. In total, from 50 tonnes of waste it is possible to produce 40 tonnes of fuel briquettes and 477 kg of vegetable oil.
29 January 2018
Ekotechnika AG, the German holding company of the largest international agricultural machinery dealer in Russia, the EkoNiva-Technika Group, generated consolidated sales of 148.1 million EUR in the 2016/17 financial year. This corresponds to an increase of 26.4% over the previous year (117.2 million EUR).
22 January 2018
A U.S. government decision aimed at reducing the animal welfare standards for organic poultry and meats, has created a dissatisfaction in the farm community. Many organic farms are against this decision to remove animal welfare standards from the national organic standards.