TAS Agro, a Ukraine-based agroholding engaged in crop production, reported on a record yield of all major crops over the past five years. In 2018, the wheat yield reached 5.1 tonnes per hectare while the maize yield was 10.3 tonnes per hectare. The soybeans yield reached 2.7 tonnes per hectare and the sunflower yield amounted to 3 tonnes per...

U.S. Department of Agriculture released the latest five-year agricultural census, disclosing the ongoing trend in the size and number of American farms. According to the census results, the number of farms across U.S. continues to shrink while the farm scale is getting bigger. During the period from 2012 to 2017, the number of middle-sized farms...

Kernel, the world’s leading and Ukraine’s largest producer of sunflower oil, purchased production equipment for its oil extraction plant in the Khmelnitsky region of Ukraine, which is under reconstruction since late 2017. The annual processing capacity of the oil refinery is expected to reach 1 million tonnes of sunflower seeds.
Kernel plans to...

KSG Agro, a Ukraine-based agroholding engaged in crop and pork production, sold 100% shares of its subsidiary enterprise Goncharovo located in the Dnipropetrovsk region of Ukraine. Back in March 2019, KSG Agro agreed to sell Goncharovo to a third party for $ 404,000. The new owners of Goncharovo are Dnipro Agro Alliance with a stake of 35% and Buk...

JBS, a Brazil-based meat manufacturer, published its Annual and Sustainability Report 2018, disclosing the company’s economic, social and environmental performance indicators within the recorded period. In 2018, JBS invested above $ 226.8 million in sustainability, employee training, innovative technologies and quality. In particular, $ 75 million...

IMC, an agroholding operating 123,900 hectares of farmland in Ukraine, reported a net profit of $ 27.6 million in 2018, a 55% increase compared to 2017. The main driver behind this result is the record high yield of grains and oilseeds in the amount of 856,000 tonnes, a 27% increase compared to 2017. Also, IMC reduced its net financial expenses by...

Mriya, an agroholding operating 165,000 hectares of farmland in six regions of Ukraine, plans to sell its grain elevator in the Ternopil region of Ukraine. The Antimonopoly Committee of Ukraine has reportedly issued permission to Fidem Financial Company to acquire the elevator of Mriya to carry out primary grain processing and storage.

The...

Argentinian agroholding Grupo Los Grobo plans to open 16 new subsidiaries by 2022. The company’s major shareholder Gustavo Grobocopatel has set the objective to raise revenue from current $ 600 million to $ 1 billion within the next three years. In addition to commodity production in which Los Grobo specializes, the company intends to launch...

Astarta-Kyiv, a vertically integrated agroholding operating 250,000 hectares of farmland in Ukraine, reported a 42% decline in sunflower sales to 11,830 tonnes in Q1 2019. The average selling price of sunflower decreased 10% to UAH 8,480 ($ 321) per tonne. Also, the company’s sales of sugar fell 42% to 53,960 tonnes. Milk sales decreased 7% to...