Bilateral goods trade with Russia and India will increase from $10 billion to $30 billion by 2025, talks between Russian and Indian trade delegations have revealed. Buffalo meat and dairy product activity is expected to partly drive the increase, said Russian animal and plant surveillance body Rosselkhoznadzor. At a meeting on the Agreement of Free Trade between India and the Eurasian Economic Union, Indian parties noted difficulty to comply with Russian raw milk requirements. Rosselkhoznadzor said rules dictate herds are at least 1,000 head, of which there are currently two in India. The regulation stands to guard against infectious diseases like foot. Read more...
The current phase of US beef herd expansion is not expected to last as long as the last rebuild period in 1990-1995.Diminishing ranch returns, both on finished cattle and calves could thwart a “fast start” to US beef herd expansion, a leading agricultural economist has suggested. Less “profit stimulus” compared to the past twelve months “will likely slow” growth, which has seen a 2.5 per cent lift in the beef cow inventory, according to Professor Chris Hurt, University of Illinois. The figures come from a USDA producer survey highlighting the recovery that has taken place since the second half of 2014. Higher beef supplies and. Read more...
Russian is to destroy confiscated Western food products that fall under the Russian embargo at the border starting from August 6. According to the presidential decree, embargoed foods will be destroyed both at the border and after being seized from stores. However, some observers are calling on the government not to destroy the products, but give them to the needy. Plans by Russian authorities to destroy confiscated products that fall under the Russian embargo on Western food imports at the border have met with mixed reactions among Russian commentators, with some in favor of the decree, which enters force on Aug. 6, while others have called for the seized foodstuffs. Read more...
Over the last month, doubts about the state of the Chinese economy have increased, which could be a cause for cause for concern among global pork exporters. Over the last month, doubts about the state of the Chinese economy have increased. Although Chinese economic growth rates have been slowing for some time, the latest concerns have been triggered by a sharp fall in the Shanghai Stock Exchange since mid-June. This has led the government to suspend some share trading, raising doubts about its ability to manage the economy. While the fall in stock values shouldn’t have an immediate impact on the Chinese economy as a whole, it could erode consumer confidence. Read more...
UK beef exports have been hammered down 11 per cent by a weak euro and Russian trade sanctions.These factors have added to already tight UK cattle supplies, according to market analysts at the Livestock and Meat Commission for Northern Ireland (LMC). The LMC said 2015 beef shipments at the end of May amassed 39,696 tonnes compared to 44,776 tonnes for the same period last year. Europe remains the biggest buyer of UK beef, accounting for 92.5 per cent of total UK beef exports for the first five months of 2015, although this was down from 96 per cent last year. Ireland is the single biggest buyer, taking 43 per cent of the Europe’s UK beef, much of which comes. Read more...
More village pigs have died after four new outbreaks of African Swine Fever in Russia. There were 13 deaths out of the 18 cases found. In total, the village pig holdings had 56 pigs, and the remaining pigs were destroyed to contain the disease. The outbreaks took place in the provinces of Kurskaya and Bryanskaya in. Read more...
The Cherkizovo Group continues to cement its leading position in poultry in Russia, with further investment for member company ZAO “Mosselprom”, that will equip its hatchery in the Moscow region with Smart™ incubation technologies from Pas Reform. The hatchery capacity is 48 million eggs per year. Established in 2000, Mosselprom has gained a reputation as one of the most efficient agricultural producers in the country. Fully integrated operations encompass every process, from the cultivation of wheat to retail distribution, making the company fully independent in its production of broilers and poultry meat products. Yuriy. Read more...
The recent VIV Russia Exhibition proved to be the perfect opportunity for Aviagen® LLC to celebrate the 5th anniversary of the opening of the Yasnogorsk hatchery, which has seen year on year growth and now has over 60 Russian customers. The state of the art hatchery supplies the main Aviagen broiler breeds, Arbor Acres®, Ross® 308 and Ross PM3 to the Russian poultry market. The Aviagen display focused on biosecurity and product quality and a customer reception provided an ideal forum to celebrate the investment the company has committed to the Russian industry and local market. Interest was high as visitors took the opportunity to discuss their plans. Read more...
Russia’s leading integrated meat and finished feed producer Cherkizovo Group has reported a decline in its pork sales volume following an outbreak of African Swine Fever (ASF).The pork division sales volume in the first half of 2015 decreased by nine per cent to 74 379 tonnes of live weight from 81 318 tonnes in the first half of 2014. The decrease was due mostly to the quarantine closure of two finishing facilities after the ASF outbreak in late December 2014. The outbreaks affected two ofCherkizovo's sites. One in theVoronezh region and one in the Orel region. Only a few animals at each site were effected, allowing the company to take control. Read more...
JD.com plans to sell Russian food, jewelry, cosmetics and other goods in China by the end of this year, the president of the Chinese e-commerce company’s international business group Victor Xu said this week. “We are negotiating with a number of interested Russian companies and manufacturers,” Xu said. The company’s managers also met Russian officials to discuss Sino-Russian trade, according to Xu. Russian billionaires Alisher Usmanov and Yuri Milner own about 9 percent of the shares of JD.com (through the DST Global fund). Over the last few years, they have invested $780 million in the JD.com. JD.com is following in the footsteps of. Read more...
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