MOSCOW, March 27 (Reuters) - Rusagro, Russia's leading

producer of sugar, meat, oil and fat products, has lost nearly a

third of its market value on the Moscow stock exchange since

news of the detention of its billionaire founder Vadim

Moshkovich emerged on Wednesday.

Rusagro shares fell to an intra-day low of 156.32 roubles on

Thursday, down more than 32% from the open on 230.50 roubles on

Wednesday, according to data from MOEX.

News that police had charged Moshkovich appeared on

Wednesday.