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04 July 2018

Nibulon to invest $ 2 billion in new granaries in Egypt

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According to Alexey Vadatursky, general director of Nibulon, the company intends to implement a long-term investment program in Egypt worth $ 2 billion. The project is designed for 7-10 years and includes the construction of new granaries near the ports of Alexandria and Damietta. In addition, 20 barges will be built with a carrying capacity of up...

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04 July 2018

Industrias Frigoríficas Matievich continues its investments

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Industrias Frigoríficas Matievich, an Argentine meat producer, recently made an investment of $ 543,315 to modernize its plant with a daily slaughter capacity of 600 animals located in Carcarañá. By making this investment Grupo Mattievich hopes to regain its market access in Russia, Chile, Brazil, China and the European Union.

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Photo: Fotolia ©

03 July 2018

Large poultry farms are the most efficient way to feed the UK

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According to the chief executive of the British Poultry Council (BPC), Richard Griffiths, more mega-farms should be built in the UK in order to keep it supplied with chicken. He stated that larger farms are the most efficient way to grow chicken in terms of the efficient use of technology and resources, and in terms of environmental impact. He...

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02 July 2018

Large scale farms qualify as environmental pollution sources

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According to Sacoby Wilson, Professor at University of Maryland, the activities of large scale farms in the US should be more regulated. Large scale farms have been defined as sources of pollution under the Clean Water Act. This means they should have to obtain permits to discharge waste into rivers, streams or surface waters. But, due to industry...

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02 July 2018

RostAgro put up 377,000 hectares for sale

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RostAgro, the ninth largest landowner in Russia, put up its land for sale. According to the data published by the Moscow-based consultancy BEFL in May 2018, RostAgro operates 377,000 hectares. The company's assets are concentrated in the Penza, Voronezh, Saratov, Lipetsk, and Stavropol regions. According to the Russian experts, 377,000 hectares may be too many for one buyer, so, probably, the land will be split among several players. The experts also think that the demand for land in the current season is quite low, since domestic grain prices fell due to a record harvest of the last year, which reduced the profit of agricultural producers.

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02 July 2018

Miratorg increased production of pink veal

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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.

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01 July 2018

Aceitera General Deheza invests in a new plant

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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.

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30 June 2018

takeover deal between Adecoagro and SanCor may take longer

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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.

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30 June 2018

Brazilian BRF plans to sell assets

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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.

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29 June 2018

Adecoagro boosts its rice production

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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...

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