World meat industry news

Ukraine agribusiness firms in 'quiet land grab' with development finance

  • 31 Jul 12:19

Ukraine agribusiness firms in 'quiet land grab' with development finance Hundreds of millions of dollars in development finance from the World Bank’s investment arm have helped to fund the controversial expansion of a billionaire’s agribusiness empire in Ukraine, amid growing concern that land and farming in the country are increasingly falling into the hands of a few wealthy individuals. Controlled by one of Ukraine’s wealthiest men, Yuriy Kosiuk, the agribusiness company Myronivsky Hliboproduct (MHP) dominates the country’s domestic poultry market and exports chicken and luxuries such as foie gras across Europe. Since 2010, it has received at least $200m (£128m) in long-term loans from the. Read more...

Ten Reasons Why China Needs the US

  • 30 Jul 12:14

Ten Reasons Why China Needs the US China is America’s biggest customer for agricultural products, with almost a fifth of imported goods coming from the US.Today, this is worth $25 billion in annual sales.This was not always the case, however, according to the US Department of Agriculture’s Economic Research Service (ERS), which has seen growth in Chinese buying develop from around 2-3 per cent in the mid-1990s. Economic reforms, urbanisation and a rapidly developing livestock sector have played a part in a major shift in Chinese demands over the last 20 years. This began to take hold relatively recently, when US agricultural exports to China doubled between 2008 and 2012. China -. Read more...

Trans-Pacific Partnership Negotiators Meet for 'Decisive' Talks

  • 30 Jul 12:13

Trans-Pacific Partnership Negotiators Meet for 'Decisive' Talks Negotiators from across the globe are meeting in Hawaii this week for a 'decisive round' of talks on the Trans-Pacific Partnership (TPP) trade agreement.The meeting of trade ministers is taking place inMaui, Hawaii from July 28-31, and was preceded by a meeting of TPP Chief Negotiators from July 24-27. The countries negotiating the agreement includeAustralia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam. The agreement would increase trade between these countries by eliminating tariffs and other trade barriers. Farming is a key point of disagreement in the negotiations, with supply management of dairy. Read more...

Ambitious Plans for Kyrgyzstan Dairy Sector

  • 29 Jul 11:06

Ambitious Plans for Kyrgyzstan Dairy Sector Subsistence farming and bartering characterise a region of the world that is hoped to become internationally recognised for its dairy produce.Since breaking Soviet ties in 1991, Kyrgyzstan has seen a degree of contraction in the dairy sector. Many of the vast, indoor, intensive dairies have been broken up and replaced with back-yard operations. However, this could be set to change if a major development scheme takes hold. A “holistic and comprehensive” initiative has been announced to address the key challenges besetting the country’s dairy farmers. The Dairy Sector Development Programme, supported by the World Bank Group, wants to. Read more...

China building 100,000-cow dairy unit to supply Russian market

  • 29 Jul 11:05

China building 100,000-cow dairy unit to supply Russian market China has begun work on the construction of a 100,000-cow dairy unit to supply the Russian market with milk and cheese. The site in Mudanjiang City, north-east China, is the world’s largest and marks a 1bn yuan (£103m) collaboration between Russian and Chinese investors. China’s Zhongding Dairy Farming and Russia’s Severny Bur are behind the project. The world’s largest sitecurrently operational is the 40,000-cowModern Dairy Company unit in China (pictured and video below). Forthe new site, feed and forage stocks needed to supply the year-round housed animals will be grown on 100,000ha of land most of which is in Russia. How. Read more...

The road ahead for Thai-Russian trade relations

  • 29 Jul 11:02

The road ahead for Thai-Russian trade relations Economic ties between the countries have been on the upswing for a while. There is already an agreement for Russia to supply Sukhoi Superjet-100 (SSJ-100) civil aircraft, while KamAZ has successfully entered the Southeast Asian market. Thai business are involved in major agricultural projects in Russia. However, bilateral trade still lags behind potential. The 6th Russia-Thailand Intergovernmental Commission on Bilateral Cooperation met in Moscow this month. The meeting was co-chaired by Denis Manturov, Russia’s Minister of Industry and Trade of Russia and Tanasak Patimapragorn, Thailand’s Deputy Prime Minister and Minister of Foreign Affairs.. Read more...

Russia best BRICS country for investment

  • 28 Jul 13:23

Russia best BRICS country for investment Russia’s economy, set to contract this year for the first time since 2009, may rebound 0.5 percent in 2016, a Bloomberg survey shows. Russia is the best bet for investment among BRICS countries in 2015,according to Bloomberg. “Our models are telling us to buy Russia,” Tim Love, a London-based investment manager at GAM told the news agency. “There is a very strong turnaround potential. It’s an increasingly difficult call to get right because of politics. I’d be happy to pull the trigger in the next two to three months.” The agency notes that in nominal terms, the MICEX index (Russian stocks) in 2015 rose by 18 percent,. Read more...

Thailand’s CPF to buy food processing firm in Russia

  • 28 Jul 11:38

Thailand’s CPF to buy food processing firm in Russia Leading Thai agro-industrial and food conglomerate Charoen Pokphand Foods (CPF) is looking at buying a food-processing firm in Russia, CPF Chief Executive Adirek Sripratak told The Nation. There are two deals under negotiation, the paper said, adding that the negotiations follow CPF board approval for the company’s Dutch subsidiary to acquire an integrated poultry business in Russia from Agro-Invest Brinky for around $680 million. CPF has a livestock-feed and swine-farming business in Russia and plans to invest up to $1 billon in pork production near Moscow, Kaluga and Kaliningrad. Adirek told the Nation that the planned acquisition of the food-processing. Read more...

New Zealand to Stop Animal Antibiotic Use by 2030

  • 27 Jul 13:33

New Zealand to Stop Animal Antibiotic Use by 2030 “By 2030 New Zealand Inc will not need antibiotics for the maintenance of animal health and wellness,” said New Zealand Veterinary Association (NZVA) President Dr Steve Merchant. Around 70 per cent of human infectious diseases, including meningitis, anthrax and salmonellosis (food poisoning) have come from animals. “With sharply increasing levels of resistance to antibiotics worldwide, we want animals and, by extension, humans to enter the ‘post-antibiotic’ era as safely as possible.” Dr Merchant said this is a significant undertaking, requiring considerable teamwork and commitment from the veterinary profession, working. Read more...

USA Pork Market

  • 27 Jul 13:32

USA Pork Market The announcement of JBS purchasing Cargill is behind us. That should put JBS in the #2 spot for packers, which is above Tyson. This also means that, between Brazil and China, they have control of about 50 per cent of the packing capacity in the US, writes Alan Bentley, Sales & Service, Genesus. The packing industry has gone through many changes, one of the most important being the invention of refrigerated cars. The plants were then able to move to where the livestock was produced and away from the cities. Boxed meat was the next change, which made swinging meat a term of the past and local butchers go the same way as makers of wooden wagon wheels. Packing has. Read more...