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19 September 2018

Sanderson Farms lost 1.7 million chickens as a result of flooding

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Sanderson Farms, the third largest poultry producer in the United States, issued a statement that 1.7 million of its broiler chickens were destroyed as a result of flooding in North Carolina. 60 of its 880 broiler houses and four breeder houses out of 92 were flooded and another six broiler houses experienced damage. More chickens could die and...

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18 September 2018

Macquarie Group to buy farmland in Australia for $ 300 million

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Macquarie Group, a global diversified financial group, is planning to buy farms of the Qatar-based Hassad Food in Australia. The properties comprise more than 100,000 hectares of livestock and cropping land in NSW, Victoria and Western Australia. According to The Australian Financial Review the transaction is worth $ 300 million. The farms will be...

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14 September 2018

Large scale agriculture causes the loss of forests

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A new study of global forest loss — the first to examine not only where forests are disappearing, but also why — revealed that industrial scale agriculture has contributed to the loss. Philip Curtis, a geospatial analyst and one of the authors of the study, trained a computer program to recognize five causes of forest loss in satellite images:...

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13 September 2018

Price of Mriya's takeover by SALIC revealed

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According to Financial Times, the investment company The Saudi Agricultural & Livestock Investment Co. (SALIC), which already owns the Ukraine-based agroholding Continental Farmers Group, paid $ 242 million to acquire the Ukrainian agroholding Mriya. Different experts estimated the value of Mriya to be in the range of $ 175 million and $ 300...

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13 September 2018

Mriya Agroholding has a new owner

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Mriya Farming PLC (Great Britain) and SALIC UK Ltd (Saudi Agricultural and Livestock Investment Company, Great Britain) have announced the successful sales of Mriya’s agricultural assets, which include all the infrastructure facilities, the technology park, as well as the companies that own the right to lease the land bank. Though the exact...

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12 September 2018

Damate Group to invest in turkey production in Primorye

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Damate Group, a Russian agroholding engaged in production of turkey meat, dairy farming and milk processing, will invest RUB 12.2 billion ($ 179.28 million) in the construction of a poultry complex in Primorskiy Krai. The capacity of the complex will achieve 22,500 tonnes of poultry meat per year. The project also involves the construction of a...

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11 September 2018

Organic Dairy Scorecard helps differentiate between large and small farms

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A new study, The Industrialization of Organic Dairy, published by The Cornucopia Institute, helps consumers identify organic dairy products produced by large scale and small scale farms in the US. The report provides a scorecard enabling consumers to review brands for their overall sustainability and adherence to truly organic standards. The...

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10 September 2018

TH True Milk builds a new milk processing plant in Russia

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The Vietnamese Agroholding TH True Milk (part of the TH Group) started construction of a new milk processing plant in the Kaluga region. According to the Ministry of Agriculture of Russia, the company will become the largest milk processing plant in the region. The costs of construction are estimated at 6.7 billion rubles ($ 96 million). The...

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10 September 2018

Generations Fund to invest $ 600 million in Rusagro's projects

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Generations Fund (GenFund) will invest $ 600 million in the project of the Rusagro Group, the third largest pig producer in Russia in 2017. Within the framework of the project, it is planned to expand the production of pork and dairy products, up to 1 million tonnes each. The total cost of the project for construction of the pig cluster amounts to...

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07 September 2018

Grain Alliance harvests soy, maize and sunflower

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Grain Alliance, an agroholding, operating 50,000 hectares in 4 regions of Ukraine, started the harvesting campaign of soy, maize and sunflower with good results. As of today, the average yield of soy in the Cherkasy region amounts to 3.6 t/ha. The average sunflower yield in the Poltava region has reached 4 t/ha. Providing the favourable weather...

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