World meat industry news

KSG Agro plans to go further with its investment plan and intends to use Danish genetic material for the pig farms.

Ukrainian group KSG agro intends to invest this year more than $900,000 in its pig breeding complex and genetics units to increase the quality of the livestock delivered in the market. According to Interfax-Ukraine, the company expects a 15% increase in live weight output compared with 2019. "Increasing production is our strategic goal. Moreover, the market situation and increasing demand contribute to this. Therefore, our plans this year are to increase pig breeding products in live weight by 15% compared to the same indicator in 2019,” said KSG Agro's Board Chairman Serhiy Kasyanov.
Mr. Kasyanov said the group will stick to the investment plan despite the uncertainties raised by the COVID-19 crisis and the economic situation in the country. The sum that is to be invested for the reconstruction of the main industrial complex and the start of the design of the genetic reproducer is about $900,000. "These plans are valid and we did not change them. The genetic reproducer will produce Danish boars and sows, which will allow us to reduce costs and start sales to other customers," he added.
KSG Agro is a vertically integrated holding engaged in pig breeding and production, storage, processing and sale of grain and oilseeds.