You searched for "Markets and Economics" (10 results found)

Russian meat giant reveals rise in pork sales, production during November 2018

  • 21 Dec 10:29

Russian meat giant reveals rise in pork sales, production during November 2018 Cherkizovo Group, Russia's largest vertically integrated meat producer, revealed in its operating results for November 2018 increases in pork sales as well as production. During November 2018, Cherkizovo produced 23.71 thousand tonnes of pork compared to 21.07 thousand tonnes during the same month last year, revealing a 13 percent rise. A nine percent rise was also noted compared to the previous month, in which 21.69 thousand tonnes of pig meat was produced. A 15 percent rise in sales has also been noted during November, wherein 22.97 thousand tonnes of pork was sold compared to 19.96 thousand tonnes in November 2017. November 2018 sales has also been higher. Read more...

Ukranian poultry producer MHP among those affected by Russian sanctions

  • 12 Nov 08:53

Ukranian poultry producer MHP among those affected by Russian sanctions Russia imposed financial sanctions on Ukraine's political elite on Thursday, freezing the Russian assets of hundreds of politicians and officials along with dozens of businesses owned by Ukrainian businessmen/ The sanctions were set out in a decree signed by Russian Prime Minister Dmitry Medvedev and were described as counter-sanctions drawn up in response to similar Ukrainian measures against Russian citizens and companies. The decree said 322 individuals and 68 businesses were targeted, including President Petro Poroshenko's son Olexiy, presidential contender Yulia Tymoshenko, the head of Ukraine's SBU security service Vasil Hrytsak, interior minister. Read more...

Genesus Global Market Report: Russia October 2018

  • 30 Oct 10:40

Genesus Global Market Report: Russia October 2018 The Russian pig Price remains strong at 107 Roubles (US$1.65) per kg live-weight including 10% VAT. by Simon Grey, General Manager Russia CIS and Europe, Genesus Inc. Prices are following the normal annual trend downwards at this time of the year. With production costs around 65 Roubles per kg ( $1US /kg) for good producer’s Russian pig farmers remain very happy. Last week Genesus attended the annual Golden Autumn show in Moscow with our Russian supplier, AgroEco. The show was very well attended. We were pleased to be told that AgroEco get the highest price for their slaughter pigs in Russia. This is in part due to the excellent meat-eating quality. Read more...

Genesus Global Market Report: Russia July 2018

  • 25 Jul 10:46

Genesus Global Market Report: Russia July 2018 Current pig Price is 114 Roubles per kg $1.81 (with VAT) per kg live-weight. As has been the case for the past years pig production in Russia remains very profitable for the good an efficient farmers. New farms continue to be built and domestic production continues to decrease meaning a net increase in production. Of course there are old and inefficient farms that are losing money! Like everywhere else in the world, those farms that do not invest in up to date facilities and the very best genetics have high costs and go bankrupt. Russia is now exporting small amounts of pig product. It is hoped that this will increase significantly over the next years. Per. Read more...

Global turkey meat market: Key findings and insights

  • 30 May 11:40

Global turkey meat market: Key findings and insights In 2016, the global market of turkey meat increased by 9 percent to 6.2 million tonnes, after languishing over the previous three years; prior to that, it also remained relatively stable. In wholesale prices, the market reached $13.5 billion in 2016, growing by 3.6 percent per year from 2007 to 2016; however, it indicated a mixed trend pattern with regard to the total consumption figures. A significant increase in 2008 (16 percent year-on-year) was followed by a sharp decline in 2009 (86 percent year-on-year).According to IndexBox estimates, over the next two years the market recovered gradually and then levelled off over the next five years. Global consumption of turkey. Read more...

Russia rapidly increasing meat production volume

  • 3 May 11:12

Russia rapidly increasing meat production volume According to the information-analytical agency EMEAT, the volume of meat production in Russia is on the riseThe volume of meat production in Russia (excluding backyard operations) amounted to 1281.9 thousand tons in slaughter weight during the period from January to February 2018, which is 10.7% or 55.7 thousand tons more than the same period of 2017. During the period from January to February 2018, pork accounted for 35.4%, poultry – for 57.8%, beef – for 6.7%, lamb and goat – for 0.1% of the total volume of industrial meat production. The overall number of pigs in Russia increased by 5.8% (by 1.3 million head) during the year and amounted to 23.7. Read more...

Genesus Global Market Report: France, May 2018

  • 3 May 11:10

Genesus Global Market Report: France, May 2018 Beginning of April 2018 price for a piglet was €25.44 compared to €36.91 same period last year. The average price for a 25 kg feeder pig was €1.64 per kg compared to €2.32 same period last year (that is €17 cheaper than 1 year ago). by Philippe Mallétroit, Director France, Genesus Inc. We also find these low prices for finisher pigs, where the average for the month of April 2018 is €1.190 per kg. When we compare the average price for April over the last 10 years, we can see that it is positioned around €1.306. The 2018 cumulative average is today at €1.174 With the arrival of the nice weather, good for. Read more...

Russia managed to strengthen its position in the pork market of Hong Kong

  • 13 Mar 09:01

Russia managed to strengthen its position in the pork market of Hong Kong Despite continuing sanctions and food embargoes, Russian agricultural companies do not reduce the pork production volume, which is growing, and actively increase their exports. The number of pigs in Russia increased by 5.7% (by 1,251 thousand heads) during a year and amounted to 23.3 million heads by January 1, 2018. The volume of pork production in Russia amounted to 3,348.6 thousand tons in slaughter weight (4 568.3 thousand tons in live weight) in 2017, which is 5.0% or 159.5 thousand tons more than in 2016. There were no imports of chilled pork to Russia in 2017. Russia imported 270.7 thousand tons of frozen pork, which is by 6.1% (15.6 thousand tons) more than. Read more...

Brazilian poultry company BRF SA fraud exposed

  • 7 Mar 13:10

Brazilian poultry company BRF SA fraud exposed The turmoil at Brazilian poultry giant BRF SA intensified after it became the target of a new phase of the food-safety probe that threw the country’s meat industry into disarray last year, Bloomberg reports. Emails between the company's employees reveal the fraud, which has led to a temporary arrest warrant being issued for the Former CEO Pedro Faria. Bloomberg reports that five labratories accredited with the Agriculture Ministry and an unnamed company falsified results from meat samples, which has led to 11 temporary arrest orders, 53 search orders and 27 orders to bring people in for questioning. The "Weak Flesh" probe, so named by the. Read more...

Russia actively increasing the export of poultry meat

  • 20 Feb 10:10

Russia actively increasing the export of poultry meat The Russian poultry industry has been developing rapidly during the last several years, leading to a significant increase in its poultry meat production and satisfaction of the country's domestic needs for this product. The volume of production of poultry meat in Russia amounted to 4,087.4 thousand tons in slaughter weight (5,561.1 thousand tons in live weight) for the period of January to November 2017. Industrial production increased by 8.0percent as compared to the same period last year. The volume of poultry meat imports increased by 7.8 percent compared to the same period in 2016 and amounted to 92.6 thousand tons for the period from January to November. Read more...