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28 June 2018

Grupo Mattievich reopens a plant in Carcarañá

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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.

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28 June 2018

KazAgro welcomes a Ukrainian delegation

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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...

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26 June 2018

Sancor's bulky debt delays the sale to Adecoagro

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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 %.

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26 June 2018

Conflict between Conaprole and milk producers

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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.

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23 June 2018

MHP's giant poulty farm accused of water pollution

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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.

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22 June 2018

Kupalovskoye Agro Holding is looking for a private investor

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Kupalovskoye Agro Holding, which consists of the management company OOO Kupalovskoye, ZAP Bolshie Slaveni, OAO Amkodor-Shklov and OAO Novogorodishchenskoy in Shklov District of Belarus, is looking for a private investor. The agroholding was created according to the instruction of the President Alexandr Lukaschenko in July 2017, who urged to create...

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22 June 2018

Food Contract Corporation gets a new chairman of the board

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Nurlybek Malelov was appointed the chairman of the board of the Kazakhstan-based Food Contract Corporation. Previously, Malelov held executive positions in Bank Turan Alem, ATF Bank, served as a managing director of National Holding Company KazAgro, the chairman of the board of KazAgroFinance, and the head of the board of Agrarian Credit Corporation. The main activity of Food Contract Corporation is the development of export infrastructure of Kazakhstan. The sole shareholder of the company is the KazAgro agroholding.

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22 June 2018

Greenpeace against a new mega dairy farm in New Zealand

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Murray Valentine, the owner of Simons Pass Station, plans to develop another dairy farm in the Mackenzie Basin. The new farm should contain three dairy sheds and 14 houses for 15,000 dairy cows. Greenpeace launched a "Save the Mackenzie" petition which had been signed by 28,679 people so far. The reason why Greenpeace disapproves the development of a new farm is the fact that Mackenzie Basin is a home to 18 threatened plants and four threatened bird species.

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22 June 2018

Investment company to buy farmland in Australia

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Growth Farms, an agricultural investment company, has launched Australian Agricultural Lease Fund worth of $ 100 million in order to buy farms throughout Australia in the next few years and then lease them to farmers. The managing director of Growth Farms, David Sackett, said that the fund would buy medium-sized farms in the $ 3 to $ 8 million...

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21 June 2018

Bird flu outbreak confirmed at Damate Group

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470,000 turkeys infected with avian influenza virus (known informally as bird flu) were detected at one of the production sites of the largest Russian turkey producer, Damate Group, controlled by Naum Babayev, in Penza region. The sick animals representing 10% of the total number of birds at the company (4.7 million) will have to be culled. The...

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