News

02 July 2018

Miratorg increased production of pink veal

News -

Miratorg, Russia's largest producer of beef and pork, produced 3,400 tonnes of pink veal on a veal farm in the Kursk region within the first half of the year. The farm containing more than 20,000 calves was launched in February last year. The costs of the project amounted to 3 billion rubles ($ 47 million). In 2017 the holding produced 2,500 tonnes of the product. This year it is planned to produce 7,800 tonnes. Pink veal is the meat from young calves not older than 8 months. It is a dietary product with rising popularity among Russian consumers. The Vice President of Miratorg, Vadim Kotenko, told that if the demand continues to grow it is possible to increase the volume of production to 15,000 tonnes per year.

Read more


01 July 2018

Aceitera General Deheza invests in a new plant

News -

Aceitera General Deheza (AGD), an Argentine agroindustrial company founded by the Urquía family in 1948, made an investment of arg$230 million ($ 8.4 million) to build a modern almond processing plant in the Argentine province of Mendoza. The new processing plant will have a capacity of 8,000 kg almonds per hour. AGD is involved in processing of oilseeds and exports its products mainly to the United States and Europe, being one of the world leaders in the export of peanut butter.

Read more


Photo: Fotolia ©

30 June 2018

takeover deal between Adecoagro and SanCor may take longer

News -

The CEO of Adecoagro, Mariano Bosch, stated that the negotiations with SanCor continue and denied the rumors of the failure of the negotiations. In addition, difficulties could arise for SanCor to face the payment commitments assumed a couple of months ago. After the deal is closed, Adecoagro hopes to increase its presence on the dairy market and double its production by 2021.

Read more


30 June 2018

Brazilian BRF plans to sell assets

News -

BRF S.A., one of the biggest food companies in Brazil, announced a restructuring plan for 22 of its 35 production plants, which includes the sale of some of its operations located in Argentina, Europe and Thailand and is expecting to receive R$ 5.000 million ($ 1.293 million) from these transactions. Pedro Parente, BRF´s CEO, indicated that the company must adjust its production according to the existing demand, which has declined, since the EU banned some meat products from Brazil due to food safety inconsistencies.

Read more


29 June 2018

Adecoagro boosts its rice production

News -

Adecoagro, the biggest rice exporter in Argentina and one of the largest in South America, seeks to expand its rice production. The company invested recently $ 1.4 million in order to increase the production capacity of the mill of Franck in the province of Santa Fe. The mill of Franck was acquired by Adecoagro in 2011 for $ 12 million. Adecoagro...

Read more


28 June 2018

Grupo Mattievich reopens a plant in Carcarañá

News -

Grupo Mattievich, a meat producer founded in 1986 by the Argentine businessman José Mattievich, reopened a plant in Carcarañá closed since 2011. The company hopes to boost its volume of production in order to return to the international market. Currently, Grupo Mattievich also plans to reopen two other processing plants in Rosario and San Martin. The plant in Carcarañá is expected to achieve a production volume of 12,000 heads per month.

Read more


Photo: Fotolia ©

28 June 2018

KazAgro welcomes a Ukrainian delegation

News -

The management of JSC Holding KazAgro met with a Ukrainian delegation headed by the Deputy Minister of Agrarian Policy and Food for European Integration, Olga Trofimtseva, in Astana, Kazakhstan. During the meeting, the parties discussed topical issues of Kazakh-Ukrainian cooperation in the field of agriculture. Special attention was paid to the...

Read more


26 June 2018

Sancor's bulky debt delays the sale to Adecoagro

News -

Adecoagro, an agroholding company operating in Argentina, Brazil and Uruguay, is so far the only one interested in buying the Argentina-based SanCor. Due to the bulky debt of SanCor, Adecoagro is now analyzing the possibility of acquiring only a part of the dairy cooperative. SanCor's total liabilities amount to $ 480 million and include debts to the staff, to the milk producers, to the AFIP (Federal Administration of Public Revenues of Argentina), and to Buenos Aires Factoring, a company that acted as finance company for the operations of the dairy cooperative in Venezuela. Adecoagro would pay $ 400 million to get 90% of the newly established corporation, of which $ 300 million will be directed to the payment of debt. The dairy cooperative will keep the remaining 10 %.

Read more


Photo: Fotolia ©

26 June 2018

Conflict between Conaprole and milk producers

News -

The Uruguayan dairy cooperative Conaprole, founded in 1936, has a conflict with the milk producers due to their disagreement with the Conaprole workers' union. Therefore, the milk producers plan to stop supplying the dairy cooperative with milk. The cooperative and the producers state that at this stage there is currently a slowdown in the supply. The workers' union denies this situation.

Read more


Photo: Fotolia ©

23 June 2018

MHP's giant poulty farm accused of water pollution

News -

Residents of the three Ukrainian villages Zaozerne, Kleban and Olyanytsya filed a complaint to EBRD, protesting against the development of the giant Vinnytsia Poultry Farm owned by Mironivsky Hliboproduct (known as MHP). The farm housing over 17 million chickens and planning to double its production by 2021 is said to be a source of environmental pollution. The villagers complain that water levels in their wells have fallen and the quality of the river water became worse. MHP stated that it has no relation to the disappearance of the water in the wells, because the water for the production needs of the poultry factory is taken exclusively from the South Buh River. The water is then cleaned and returned to the river in better quality than it was before the extraction.

Read more

Logo