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Russia, Rusagro plans to increase the soybean acreage to 250 thousand hectares

Published Sep 16, 2021

Tridge summary

Rusagro Group is planning to increase its pork production from 308 thousand tons in 2020 to 400 thousand tons in the medium term, with the launch of a new large pig-breeding cluster in Primorye in October. The company also aims to double its sugar production to 1 million tons in the medium term, increase its sunflower seed processing capacity, and expand its soybean cultivation area. In the first half of 2021, Rusagro's revenue grew by 45% to 104.4 billion rubles.
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Original content

Rusagro Group plans to increase pork production to 400 thousand tons in the medium term from 308 thousand tons in 2020, according to the company's presentation at the Capital Markets Day. In October, Rusagro plans to launch a large pig-breeding cluster in Primorye, which is expected to reach full capacity (75 thousand tons) in 2023. In the sugar division, the company expects to increase production to 1 million tons in the medium term from 764 thousand tons in 2020. In addition, Rusagro plans to increase its capacity for processing sunflower seeds to 5.4 thousand tons per day from 4.61 thousand tons by the end of 2020. In the agricultural division, it is planned to expand the area under soybeans - up to ...
Source: Oilworld
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