You searched for "Markets" (10 results found)

Russia’s Markets under Pressure amid Navalny Scandal, Fears of Second Coronavirus Wave

  • 21 Sep 10:10

Russian financial markets remain under pressure as talk of sanctions in response to the poisoning of leading Kremlin critic Alexei Navanly ramps up and fears of a second coronavirus wave knock oil prices. The Russian ruble is still trading at around its lowest level against the dollar since the height of the pandemic in May, and the Russian stock market has been one of the world’s worst performers over the past month,The Moscow Timesreported. EU leaders — including German chancellor Angel Merkel — are pressuring Russia to launch a “full and transparent” investigation into the poisoning of Navalny with Novichok, a military nerve agent also. Read more...

Coronavirus Pandemic Rocks Russian Markets

  • 13 Apr 12:34

Coronavirus Pandemic Rocks Russian Markets The combined impact of the coronavirus outbreak and the breakdown of the OPEC+ oil production pact between Russia and Saudi Arabia has brought sharp volatility to Russian stock markets and swings in the value of the ruble,The Moscow Timeswrites. Oil pricesfell againFriday as investors grew increasingly nervous over Mexico’sreluctanceto sign up to the deal to cut oil output by 10 million barrels per day — threatening to derail the whole agreement. Brent crude oil was trading at $31.50 a barrel as the Moscow trading session came to a close. — The ruble bounced around throughout the day but recorded no change on its starting level of 73.8, as. Read more...

Growth path for the Russian poultry industry

  • 30 Dec 11:09

Growth path for the Russian poultry industry International trade restrictions put in place by the international community in 2014 had a detrimental effect on Russian poultry imports. However, as a result the industry focused on increasing self-sufficiency. Sergey Lakhtyukhov, director general of the Russian Union of Poultry Producers says his industry is now geared for international growth. Russia has long struggled to increase self-sufficiency to meet its national poultry consumption demand. Now that problem has been tackled, what’s next? “Yes, we have managed to become self-sufficient in poultrymeat, even though we are only 12th in the world in terms of poultrymeat consumption per capita. Today,. Read more...

Global Food Prices Dip in October

  • 7 Nov 09:49

Global Food Prices Dip in October International food commodity prices dipped in October, as falling dairy, meat and vegetable oils prices more than offset a surge in sugar prices, the United Nations said today. TheFAO Food Price Index, a measure of the monthly change in international prices of a basket of food commodities, averaged 163.5 points in October, down 0.9 per cent from September and 7.4 per cent below its level a year earlier. The FAO Dairy Price Index led the overall decline, slipping 4.8 per cent from the previous month and 34 per cent below the peak reached in February 2014. The weaker prices reflect increased export supplies across all major dairy products, especially from New. Read more...

FAO: Harnessing Power of Livestock to Drive Sustainable Development

  • 1 Nov 09:36

FAO: Harnessing Power of Livestock to Drive Sustainable Development A new FAO report highlights the multiple contributions made by the global livestock sector — especially to the lives of millions of poor, animal-dependent small-scale producers in developing countries — but also says that changes in policies and practices are needed in order to optimize those contributions. According toWorld Livestock: Transforming the livestock sector through the Sustainable Development Goals, the debate around livestock production has so far been largely focused on how the sector can produce more to satisfy surging demand for animal products and feed a growing global population while at the same time reducing its environmental footprint. While. Read more...

Ukraine Sees Decline in Cattle, Pig Numbers

  • 19 Feb 10:29

Ukraine Sees Decline in Cattle, Pig Numbers The number of cattle in Ukraine as of 1 February 2018 numbered 3.58 million head, which is 4.5 per cent down year-over-year (y-o-y).In particular, the number of cows was 2.02 million head, which was 3.8 per cent down against the figure as of 1 February 2017, according to the State Statistics Service of Ukraine. The number of pigs as of 1 February 2018 decreased by 8.2 per cent, to 5.9 million, while the number of sheep and goats was 5 per cent down, to 1.29 million head. However, the poultry population increased by 2.5 per cent, to 199.9 million birds. The State Statistics Service said the data excluded reports from temporarily occupied areas in the Autonomous Republic. Read more...

Mogilev Meat Packing Plant Sends Beef Shipment to China

  • 13 Feb 07:39

Mogilev Meat Packing Plant Sends Beef Shipment to China Mogilev Meat Packing Plant has sent the first batch of beef to China, BelTA learned from the company's director Vladimir Latygovsky. Mr Latygovsky toldBelTA: "The first batch of frozen meat was shipped to China on 27 January. The meat was carved and packed in line with the Chinese requirements. "The products are expected to hit the Chinese store shelves at the end of this week or in the beginning of the next one. "When we know the demand for our meat and the results of the quality compliance assessment, we will understand the prospects for cooperation and will start working on the logistics of further supplies." Although the. Read more...

Morocco Gives Green Light to Russian Beef Imports

  • 31 Jan 09:06

Morocco Gives Green Light to Russian Beef Imports The Russian Federal Service for Veterinary and Phytosanitary Surveillance announced on Saturday that Moroccan authorities have approved the import of Russia’s beef products. According toMorocco World News, an official statement read: "The Kingdom of Morocco will open its market to Russian beef and beef products, which will help increase the volume of trade between the two countries." The approval came after a Moroccan delegation of the National Office for the Sanitary Safety of Food Products (ONSSA) visited Russian meat companies "to ensure compliance with veterinary and sanitary standards in Morocco." "The volume of bilateral trade should. Read more...

Retail FPI: Looking for Answers to Rising Beef Prices

  • 21 Dec 08:58

Retail FPI: Looking for Answers to Rising Beef Prices In mid-December, food prices maintained an upward trend, as ISET’s Retail Food Price Index increased by 2.2 per cent, compared to mid-November 2017. According toGeorgia Today, it turns out that the holidays will cost more in 2017 compared to December 2016, as we recorded a significant 10.9 per cent y/y increase in food prices. From an annual perspective, beef prices were particularly notable. Beginning in September 2017, beef has been trading above last year’s prices. In December, the average price of 1 kg of beef is 13.10 GEL; that is 17 per cent higher compared to the previous year (11.17 GEL/KG). High beef prices might be caused by the increased export. Read more...

Belarusian Companies Authorised to Supply Beef to China

  • 14 Dec 09:16

Belarusian Companies Authorised to Supply Beef to China Belarus has become the first country in the CIS and 13th in the world that have been authorized to supply beef to the Chinese market, BelTA learned from the Belarusian Embassy in China. According toBelTA, Belarus' Agriculture and Food Minister Leonid Zayats met with the head of the Chinese General Administration of Quality Supervision, Inspection and Quarantine Zhi Shuping in Beijing on 12 December. Following the meeting it was announced that two Belarusian meat processing plant got authorized to supply beef to the market of the Chinese People's Republic. "These are OAO Veles-Meat and OAO Mogilev Meat Packing Plant," the diplomatic. Read more...