KSG Agro has begun to upgrade the number of pigs at its pig farm in the Dnipropetrovs’k region by purchasing 500 sows of Danish genetics, the agricultural holding’s press service reports.
The agroholding noted that to update the number of pigs, 500 purebred pedigree sows of Danish Pig Genetics genetics were purchased from the supplier Breeders of Denmark A/S (Denmark). They are expected to be delivered to the pig farm in May. The volume of investments in the pig breeding program amounted to several hundred thousand euros (the specific amount was not disclosed).
The agricultural holding estimates that with the help of 500 purebred sows, KSG Agro will be able to produce 4000 F-1 hybrid sows by 2025. They are considered the most stable, have high reproductive efficiency and are able to produce high-quality piglets that will later turn into valuable fattening animals.
“In the difficult conditions of livestock business development during the war, its efficiency is of utmost importance, which can be increased by rejuvenating the herd. That is why this year we are implementing a large-scale program to renew the pig population with products from leading international producers of purebred pig genetics, including the Danish Breeders of Denmark A/S. In general, by 2025, we plan to increase the efficiency of pig breeding at our pig farm by at least 15%,” explained Sergiy Kasyanov, Chairman of the Board of Directors of KSG Agro.
KSG Agro, a vertically integrated holding company, is engaged in pig production, as well as the production, storage, processing and sale of grains and oilseeds. Its land bank in Dnipropetrovska and Khersonska oblasts is about 21 thousand hectares.
According to the agricultural holding, it is one of the top five pork producers in Ukraine. In 2023, it launched a “network-centric” strategy, which will shift from developing a large location to a number of smaller pig farms located in different regions of Ukraine.
In the first quarter of 2024, KSG Agro agricultural holding decreased its net profit by 37% to $0.96 million on a 2% decrease in revenue to $5.02 million. Its EBITDA decreased by 2% to $1.83 million.
