World meat industry news

Broilers and pork meat in Russia are cheaper than in 2021

  • 2 Sep 09:57

Broilers and pork meat in Russia are cheaper than in 2021 In the first half of 2022, Russia saw high rates of chicken meat production and low demand before the start of autumn. As a result, wholesale poultry prices have fallen to levels that are lower than at the end of August 2021. Market participants remain profitable as feed grain prices are low. True, in the future the trend may result in a reduction in investment inflows into the industry. So, for example, in the Central part of Russia, from August 22 to 28, wholesale prices for a broiler carcass fell by one and a half percent. Now a kilogram of broiler carcasses costs one hundred and thirty-six rubles, and not one hundred and forty, as in the same period last. Read more...

Russian restaurateurs have solved problems with logistics

  • 2 Sep 09:50

Russian restaurateurs have solved problems with logistics By the end of summer, restaurateurs in Russia, including the Krasnodar Territory, managed to solve the main problems of international logistics that arose against the backdrop of sanctions in the spring of 2022, President of the Federation of Restaurateurs and Hoteliers of Russia Igor Bukharov told RIA Novosti. Against the backdrop of sanctions, Russian restaurateurs faced problems with the supply of products from abroad.Today, according to the expert, foreign products are supplied to Russian restaurants, although the process still needs to be adjusted. "Restaurateurs in Russia, including the Krasnodar Territory, have now solved the main problems of. Read more...

Prices of agricultural producers in the EAEU decreased by 0.8%

  • 2 Sep 09:48

Prices of agricultural producers in the EAEU decreased by 0.8% Agricultural producer prices in the EAEU in July 2022 decreased by 0.8% compared to June.This is stated in the message of the union in the telegram channel. “At the same time, compared to December 2021, prices increased by 2.2%.The largest increase in prices was recorded in Belarus (by 12.8%) and Kazakhstan (by 8.5%), while in Armenia a decrease in prices by 7.6% was. Read more...

Iran Set To Join Russia’s MIR Card Payment System

  • 2 Sep 09:45

Iran Set To Join Russia’s MIR Card Payment System The Iranian Central Bank of Iran is negotiating to join Russia’s MIR payment card system to facilitate financial transfers and trade, according to Hadi Tizhoush Taban, the Chairman of theIran Russia Joint Chamber of Commerce. MIR is supported by Russia’s SPFS payment system and operates as its alternative to SWIFT. Taban said that the first stage of cooperation would be to enable financial transactions between Iran and Russia via MIR, adding that it is possible that Iran could transfer money with other member countries via this system in coming steps. That will include members of the Eurasian Economic Union (EAEU), which Iran has a Free Trade Agreement. Read more...

Meat prices may rise up to 40% from September 1

  • 1 Sep 06:41

Meat prices may rise up to 40% from September 1 This year, from September 1, in order to sell meat obtained from pigs, bulls or sheep grown in a private farmstead, you will have to use the services of a slaughterhouse, which threatens to increase the price of meat products in the markets or reduce farmers' incomes. Thus, according to the order of the Ministry of Agriculture No. 269 dated April 22, new rules for slaughtering animals and conducting a veterinary and sanitary examination of meat were approved. They come into force on September 1 and according to them, the meat of domestic animals can only be sold on the market if they were slaughtered in a specially equipped slaughterhouse. The meat of. Read more...

What does the industry think about the introduction of new rules for slaughtering livestock

  • 1 Sep 06:39

What does the industry think about the introduction of new rules for slaughtering livestock From September 1, 2022, according to the order of the Ministry of Agriculture of the Russian Federation No. 269 of April 28, 2022 “On approval of the Veterinary Rules for the Slaughter of Animals ...”), livestock slaughter should take place only in “places specially designated for these purposes: production facilities and other places intended for slaughter of animals."The rule applies if the resulting meat is intended to be used for retail rather than personal consumption.The only exception is the slaughter of poultry - these rules will come into force on March 1, 2023. In early August, the government of the Irkutsk region turned to the Ministry. Read more...

UK food inflation hit 14-year high in August

  • 1 Sep 06:20

UK food inflation hit 14-year high in August UK food price inflation hit a 14-year high of 9.3%, Sky News reported on Wednesday, citing a report from the British Retail Consortium (BRC). "Food prices rose at the fastest pace since August 2008 - by 9.3% compared to 7% last month," the channel said.At the same time, prices for fresh products increased by 10.5% compared to August 2021, Sky News reports. Earlier, the consulting firm Kantar reported food price inflation of 11.6%, which could increase the average annual food bill for the average Briton by £533.And the Office for National Statistics (ONS) said that annual inflation in the UK in July accelerated to a record 10.1% since 1982 from. Read more...

Inflation in Italy hits highest since 1985

  • 1 Sep 06:17

Inflation in Italy hits highest since 1985 Inflation in Italy hit 8.4% year on year, up from last month's 7.9%.Such data was distributed on Wednesday by the National Institute of Statistics (ISTAT). According to the report of its specialists, the increase in the cost of energy carriers leads to a general increase in prices, including for non-energy goods."This has led to inflation at a level that has not been fixed since 1985, when it was 8.8%," the report says. Continued growth of inflation is noted in almost all segments of the market - from food products to transport services.The price of the consumer basket, the highest since 1984, is maintained, which in August amounted to 9.7% on. Read more...

In 2022, production is expected to increase in all major areas of the agro-industrial complex

  • 1 Sep 06:12

In 2022, production is expected to increase in all major areas of the agro-industrial complex In 2022, production growth is expected in all major areas of the agro-industrial complex.This was stated by First Deputy Minister of Agriculture Oksana Lut at a meeting with members of the All-Russian public organization "Business Russia", writes the press service of the Ministry of Agriculture of the Russian Federation. She told business representatives about the priorities of the agency's work on the development of the agro-industrial complex, state support for agricultural producers and regulation of the food market, and also answered questions from the participants of the event. According to the First Deputy Minister, the Russian agro-industrial. Read more...

Chicken prices fell below last year's values

  • 31 Aug 10:33

Chicken prices fell below last year's values High production rates in the first half of the year and reduced demand before the beginning of autumn led to a drop in wholesale prices for poultry meat at the end of August below last year's levels. The profitability of market participants is supported by low prices for feed grain. But in the future, the trend may lead to a reduction in investment in the industry. Wholesale prices for a broiler carcass in central Russia in the week of August 22-28 decreased by 1.5%, to 136 rubles. per 1 kg, falling below last year's values, when the product cost about 140 rubles. for 1 kg. This follows from the monitoring of the National Union of Poultry Breeders (NSP),. Read more...