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...

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...

Los Grobo Agropecuaria, a subsidiary of Argentina-based Grupo Los Grobo S.A. with operations in Argentina, Brazil, and Uruguay, finished its fiscal year, which ended on June 30th, with over arg$ 1 billion ($ 26.4 million) of losses. The losses occurred due to the drought that heavily hit agricultural production and the devaluation of the peso in...

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...

Terra Santa, a Brazilian producer of agricultural commodities, announced a net loss of R$ 19.25 million ($ 4.7 million) in the second quarter of 2018, against the net profit of R$ 12.12 million ($ 2.9 million) in the same period of the previous year. The company's net income increased 53% from R$ 132.44 million ($ 32.1 million) in the second...

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...

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...

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...

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...

Epicentr Agro, an agricultural subsidiary of the Ukraine-based building supplies chain Epicentr K, is to purchase 300 grain hopper cars in 2019. Besides, the company plans to buy a port  facility to complete the process of vertical integration and enhance efficiency. According to the head of trade at Epicentr Agro Svitlana Nikityuk, the...