World meat industry news

Due to restrictions on Russian exports , the Colombian government has accelerated the development of new markets for Colombian agricultural products , including meat .

For the latter, the United States is emerging as one of the possible new destinations for the product, with some 329 million food consumers in the country .
Russia is one of the main destinations for Colombian meat, exporting 15,850 tons worth $63. 9 million to the country in 2021, according to the National Statistics Office.

This is what the Colombian Minister of Agriculture and Rural Development said: "At the moment, when we cannot export to Russia, we are looking for the possibility of an alternative to that market, which is the United States, with which we are finalizing the processing of Colombian meat.

In the first few weeks of May, Aphis (US Surgeon General) arranged a visit to assess the proposal for the Colombian meat export zone.

The head of the portfolio said that during the visit, Colombia's export zones, especially those on the Atlantic coast, will be verified.

For its part, Red Cárnica SAS is the only company that exports Colombian meat to Russia.Minerva Foods decided not to comment for now.The plant exported 3,257 tonnes to the country last year.

　　The head of planning and economic research at Fedegan explained that the restrictions imposed on Russia could have an impact on the company . However, he affirmed that other markets could be substituted.

　　“New markets such as the United Arab Emirates and Bahrain are already underway, in the medium term we can enter the US, and since last year we have entered China
through Macau .
By 2021 we will be exporting to 26 different destinations, the closure of the Russian market will mean difficulties, but they will be relieved," he said.

　　For some producers such as Friogan, the closure of the Russian market comes at a critical time for cattle slaughter.
According to his assumptions, this could stabilize the existing supply for domestic slaughter and improve the conditions of the meat supply to some extent, at least for prices.

　　Now, although producers stress that they have been waiting for years for markets that represent higher value, such as the US and China, to open, the truth is that the country currently does not have enough capacity to supply these markets.

　　"It's paradoxical, but it's what it is.If new markets open up, cattle prices could rise and the supply of animals for consumption would decrease, which would destabilize the domestic meat market a bit," he concluded.

Russia is one of the main destinations for Colombian meat, exporting 15,850 tons worth $63. 9 million to the country in 2021, according to the National Statistics Office.

　　This is what the Colombian Minister of Agriculture and Rural Development said: "At the moment, when we cannot export to Russia, we are looking for the possibility of an alternative to that market, which is the United States, with which we are finalizing the processing of Colombian meat.