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17 August 2021

Kernel to reduce sunflower oil price for retail market 10%

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Kernel, Ukrainian agroholding and largest sunflower oil producer, plans to reduce the price of its bottled sunflower oil produced for economy segment 10% until September 2021. This low-priced bottled oil is manufactured and supplied by the company to retail networks countrywide. Kernel has decided to forestall demand shortage and lower the prices...

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16 August 2021

KSG Agro finished harvesting winter crops

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KSG Agro, a Ukraine-based agroholding, reports to have completed harvesting of winter crops from the farmland area of 9,000 hectares. In particular, the company has harvested winter wheat from 7,150 hectares, with the average yields of 4.5 tonnes per hectare (as compared to 3.2 tonnes per hectare in the previous years), and winter barley from 1,850...

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13 August 2021

IMC completed harvesting winter wheat

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IMC, a Ukraine-based agroholding, has recently completed harvesting of winter wheat. The company has harvested 122,000 tonnes of winter wheat from 21,400 hectares and reported the average yields of 5.7 tonnes per hectare, which is 25% higher than the average yields for this crop countrywide in 2021 (4.55 tonnes per hectare). IMC operates 120,000...

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13 August 2021

Astarta net profit up 12 times

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Astarta-Kyiv, a vertically integrated agroholding operating 250,000 hectares of farmland in Ukraine, reports to have received net profit of $105 million in January-June 2021 (H1 2021), a 1,100% increase, as compared to H1 2020 . Meanwhile, the company’s revenue declined 12% to $177 million within the same period. Gross profit almost doubled to...

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09 August 2021

Market capitalization of Ukrainian agroholdings up

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The latest data disclosed by Eavex Capital shows the changes in market capitalization of eight Ukrainian publicly listed agroholdings from July 29 - August 4, 2021. Within this period, market value of Kernel increased 10.2% to $1,160 million, and MHP’s capitalization rose 3% to $589 million. Astarta-Kyiv gained 4.4% in market capitalization and...

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05 August 2021

Rota-Agro to produce sheep milk

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Rota-Agro, Russian large-scale agricultural producer, plans to start the production of sheep milk on its sheep farm in the Moscow region. 152 Lacaune sheep have been lately delivered to the farm from Austria. Rota-Agro expects to begin sheep milk production in early 2022 reaching the monthly output volumes of 5 tonnes until 2023. Rota-Agro operates...

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05 August 2021

KSG Agro attracted investment from Poland

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KSG Agro, a Ukraine-based agroholding engaged in pig breeding and crop production, reports to have attracted investment from Poland for the development of its pork production projects. In particular, one million shares of KSG Agro (6.66% of the company’s capital stock) have been transferred to two Poland-based companies. Meanwhile, KSG Agro’s major...

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04 August 2021

Cherkizovo acquired assets of Belaya Ptica in Kursk region

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Cherkizovo, Russian large-scale meat producer, has lately acquired the poultry production capacities of a bankrupt agroholding Belaya Ptica in the Kursk region at an auction. The deal included a hatchery, seven feedlots, and a processing plant. The final cost of the facilities was $73.5 million and did not differ from its initial worth. The...

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04 August 2021

Grain Alliance posts net profit for 2020

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Grain Alliance, a Ukraine-based agroholding operating 57,000 hectares of farmland, reports to have received around $5.5 million of net profit in 2020, as compared to net loss of $2.6 million a year earlier. The company’s gross profit grew 63% to $24.8 million, and operating profit rose 137% to $17.6 million within the same period. Meanwhile,...

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28 July 2021

Nibulon continues harvesting

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Nibulon, a Ukraine-based agroholding, has completed harvesting of winter barley. As reported by Nibulon, the total farmland area under winter barley was 1,467 hectares, and the average yields for this crop were 4,9 tonnes per hectare in 2021, a 77.5% increase as compared to the previous year. In addition, the company continues harvesting winter...

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