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07 February 2020

Cherkizovo: revenues from exports up 131%

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Cherkizovo, Russia’s leading meat producer, reports to have increased meat exports 38% to 50,000 tonnes in 2019, as compared to the previous year. The worth of exported production reached $ 90 million, a 78% increase as compared to 2018. Over a half of the total exported volume of meat accounted for broiler meat and innards (34,000 tonnes)....

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06 February 2020

MHP: sunflower oil sales up 52%

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MHP, a Ukraine-based agroholding, boosted the sales of sunflower oil 52% to 112,680 tonnes in the fourth quarter (Q4) of 2019, as compared to Q4 2018. Also, the exports of sunflower oil rose 22% to 384,150 tonnes within the same period. At the same time, MHP reports a 4% decline in soybean oil exports to 11,760 tonnes in Q4 2019, as compared to Q4...

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05 February 2020

JBS & BRF under antitrust investigation

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Brazil-based meat producers JBS and BRF are under a preliminary investigation of the Administrative Council for Economic Defense (CADE), an antitrust body of the Brazilian government. The process was initiated after the CEOs of both companies announced their intentions to raise the chicken prices in order to offset the growing feedstuff costs due...

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05 February 2020

Kernel’s accounts partially frozen

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Kernel, a Ukraine-based agroholding and the world’s leading producer of sunflower oil, has been lately involved in judicial proceedings. In particular, The Civil Court of First Instance of the Swiss Canton of Geneva has frozen the accounts of Kernel’s subsidiary Kernel Holding SA, which is registered in Luxembourg, and several other interrelated...

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03 February 2020

Ukrprominvest boosted milk yields

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Ukrprominvest-Agro, one of the largest agroholdings in Ukraine, produced 27,353 tonnes of raw milk in 2019. The average milk yield per cow per year amounted to 9,020 kg, which is 47% higher than the countrywide average of 6,150 kg. Ukrprominvest also reports to have sold about 600 heifers across the country and abroad. For now, the company...

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03 February 2020

Cygnet: record milk yields in 2019

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Cygnet, a Ukraine-based agroholding, produced over 6,000 tonnes of raw milk in 2019, an 8% increase as compared to 2018 and a record-high result for the whole period of the company’s operations. At the same time, the company reports of a 10% decline in sugar production in 2019/2020 season. In particular, its sugar factory processed 165,900 tonnes...

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31 January 2020

African swine fever detected on large pig farm in Romania

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Olsuin, a large pig farm located in Romania's Brăila County, reports on the outbreak of African swine fever at its production sites. The farm, owned by Danish Premium Porc Group, will have to cull 26,000 pigs, of which 5,400 are sows. In response to the outbreak, the local authorities have set up a quarantine zone around the farm. This is allegedly...

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31 January 2020

Kernel: grain exports up 30% in Q2 FY2020

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Kernel, one of Ukraine’s largest agroholdings and the world’s leading producer of sunflower oil, boosted its grain exports 30% to 2.26 million tonnes in the second quarter (Q2) of fiscal year (FY) 2020 as compared to the same period of FY2019. At the same time, the volume of grain transshipments at the company's export terminals grew 35% to 1.69...

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30 January 2020

JBS to supply more meat to China

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Brazil-based meat producer JBS signed a deal with Hong Kong’s food processing company WH Group to supply it with fresh beef, pork and poultry in the amount of $ 717 million annually, starting early 2020. The meat will be produced by JBS’s subsidiaries Firboi and Seara. The agreement will allow JBS to expand its presence in the Chinese market as...

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30 January 2020

SLC Agrícola invests in human resources and new technologies

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SLC Agrícola, one of Brazil’s largest agricultural producers, reports to have reduced the rates of staff turnover to 15% in 2019, as compared to 40% in 2013. The company also reports its employees to have spent up to 74 hours on education and training programs developed by the company in 2019. In 2020, SLC Agrícola will continue investing in human...

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