World meat industry news

Value of Russian Brands Grows 16% in 2019

  • 11:24

Value of Russian Brands Grows 16% in 2019 Russia has moved four places up to 14th position in the latestNation Brands2019 ranking by UK-based business valuation consultancyBrand Finance, bne Intellinewsreports. According to the ranking, Russia’s brands grew a solid 16% growth in value to $960 billion this year, the report said. Developing economies have seen 30 times faster nation brand value growth over the past year than developed ones, says the report by Brand Finance, the world’s leading independent brand valuation consultancy. The average year-on-year nation brand value growth among the developing economies stands at 13.9%, compared to as little as 0.4% for the developed economies included in. Read more...

CHERKIZOVO GROUP SHARES INSIGHTS INTO GLOBAL MEAT MARKET TRENDS

  • 11:22

CHERKIZOVO GROUP SHARES INSIGHTS INTO GLOBAL MEAT MARKET TRENDS Cherkizovo Group (Petelinka and Pava-Pava brands), Russia’s largest meat producer, took part in a meeting of executives heading Russian meat processing companies. AndreyDalnov, the Company's ChiefAnalyst, spoke about global factors that are most likely to affect Russian meat producers in the coming years. Cherkizovo Group’s ChiefAnalyst AndreyDalnov spoke at the 6thAll-Russian Convention of Owners and Executives of Meat Processing Enterprises, which was held on October10 as part of Agroprodmash2019, an exhibition hosted by Expocenter. Global environment in the next tenyears is going to be favorable for all meat producers, he said, citing outlooks by the. Read more...

Saudi's SALIC, Russian fund to team up on agricultural projects

  • 11:20

Saudi's SALIC, Russian fund to team up on agricultural projects Russian sovereign wealth fund RDIF and Saudi Arabia’s SALIC will sign an agreement on Monday to team up in searching for investment projects in the Russian agricultural sector, a source involved in the agreement told Reuters. President Vladimir Putin visits Riyadh on Monday for the first time in over a decade, seeking to capitalize on growing influence borne of military advances in Syria, strong ties with regional rivals and cooperation on energy policy. SALIC - Saudi Agricultural and Livestock Investment Co - and RDIF will jointly search for investment projects in the Russian agricultural and livestock industries, the source said. RDIF declined to comment.. Read more...

Extension of economic cooperation in CIS requires cutting trade barriers — Kazakh leader

  • 14 Oct 09:36

Extension of economic cooperation in CIS requires cutting trade barriers — Kazakh leader The president of Kazakhstan singled out a number of promising areas for joint work, including digital technologies, e-commerce, free trade in services and tourism Kazakhstan’s President Kassym-Jomart Tokayev has stated that it is necessary to cut trade barriers to boost multilateral economic cooperation within the Commonwealth of Independent States (CIS), the Kazakh president’s press service reported following Tokayev’s speech at a session of the Council of the CIS Heads of State in Ashgabat on Friday. Tokayev named the development of trade and economic collaboration as one of the CIS’ priorities. "The creation of the CIS free trade. Read more...

EU poultry sector: Trade and Brexit challenges in 2019

  • 14 Oct 09:35

EU poultry sector: Trade and Brexit challenges in 2019 AVEC criticised new access to European markets for third countries at its annual conference and warned of potential disruption caused by Brexit. The organisation, which represents poultry production in the European Union, criticised new tariff-free quotas from Ukraine and Brazil. EU poultry sector sacrificed Its president, Paul Lopez, said the 180,000t additional quota granted to Mercosur countries in a recently agreed trade deal showed the EU poultry sector “had clearly been sacrificed”, as it was double the amount offered at the end of 2017 and agreed by member states. Closing the ‘batman cut’ loophole Mr Lopez also criticised. Read more...

Russians become fatter than Europeans

  • 14 Oct 09:33

Russians become fatter than Europeans Rospotrebnadzor, Russian federal service responsible for the supervision of consumer rights protection and human well-being published the statistics on the number of overweight and obese people in Russia. It turned out that more than half of people over 30 years old have such problem. At the same time, from 15 to 25% of the European population has weight problems. In Russia, their number increased 2.3 times over the past seven years. This, in turn, provokes an increase in the number of serious diseases like diabetes, malignant neoplasms and diseases of the cardiovascular system, RIA Novosti news agency reports. Besides, severe obesity reduces life expectancy by an. Read more...

Putin Wants to Link Arctic, Indian Ocean Ports through “Eurasian Transport Network”

  • 11 Oct 09:47

Putin Wants to Link Arctic, Indian Ocean Ports through “Eurasian Transport Network” President Vladimir Putin says Russia wants to speed up the creation of a Eurasian transport network which would connect ports on Russia’s Arctic coast with ports on the Indian Ocean, Politcom.rureported. Asia and the Middle East were in the spotlight during the conference, which Putin has attended since its establishment in 2004. Infrastructure development was a key part of this year’s talks which took place last week. “Together, we must think about how to speed up the formation of a Eurasian transport network, a true grid of latitudinal and longitudinal routes,” Putin said in his speech at theValdai Discussion Clubconference. He also. Read more...

Russia’s IKAR raises wheat crop outlook to 75.4mn T

  • 11 Oct 09:45

Russia’s IKAR raises wheat crop outlook to 75.4mn T Russia’sInstitute for Agricultural Market Studies(IKAR) consultancy has raised its forecast for Russian wheat crop this year to 75.4 million tonnes from 75.0 million tonnes. MOSCOW: Russia’sInstitute for Agricultural Market Studies(IKAR) consultancy has raised its forecast for Russian wheat crop this year to 75.4 million tonnes from 75.0 million tonnes, it said in a statement on Monday. IKARhas kept its total grain crop forecast unchanged. Read more...

CHERKIZOVO GROUP ANNOUNCES OPERATING RESULTS FOR SEPTEMBER AND THE THIRD QUARTER OF 2019

  • 11 Oct 09:44

CHERKIZOVO GROUP ANNOUNCES OPERATING RESULTS FOR SEPTEMBER AND THE THIRD QUARTER OF 2019 Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for September and the third quarter of 2019.[1] Third quarter 2019 highlights: Chicken: Sales volume of 164.5 thousand tonnes increased by 25% y-o-y, driven by volumes growth from the assets acquired in late 2018. Average sales price increase of 12% y-o-y is attributed to limited supply, lower base effect of the previous year, and further shift of the sales mix towards value-added products. Turkey:JV Tambov Turkey sales volume of 11.0 thousand tonnes up 18% y-o-y, on inventory release accumulated in the first half of the year, and stronger. Read more...

Ulybino is preparing to enter the Russian and Chinese markets with duck meat

  • 10 Oct 09:10

Ulybino is preparing to enter the Russian and Chinese markets with duck meat In December 2019, the Ulybino poultry farm will begin operating in the Novosibirsk region, InfoPro54 reports. Before the New Year holidays, the first batch of Peking duck Star-53, grown in the Iskitim district, will appear in Novosibirsk retail chains, and in mid-2020, the company Ulybino plans to begin supplying products to the Chinese market. The company is designed for a full production cycle. In the spring of 2020, Ulybino will commission the next line of houses. When fully loaded, the annual capacity of the slaughterhouse will reach 18 thousand tons. The project includes 55 feeding buildings, an incubator, 21 buildings for the maintenance of the parent herd,. Read more...