According to Rosstat, the average October price for frozen and chilled broiler meat was 144.68 rubles per kilogram. Compared to September of this year, chicken price fell by 1.4%, but was 0.9% more expensive than in October last year. The highest prices for chicken in October 2019 were recorded in the Far Eastern Federal District, where one kilogram was sold on average at 199.65 rubles. The lowest prices for chicken remained in the Volga region, where one kilogram cost an average of 129.75 rubles. The minimum prices for broilers and chicken products for two years and 10 months were recorded in April last year: according to EMISS, the lowest price level for the period. Read more...
In the second quarter of 2019, the average selling price for turkeymeat has increased by 22% compared to the same period last year, according to a report on the operating results of the Cherkizovo group. In June, the average price decreased by 2.6% compared to May to 160.26 rubles / kg, but this is 17% higher than in June 2018. In January 2019, the average price of turkey meat exceeded 180 rubles / kg. According to the company, the price increase occurred "due to the expansion of the offer of products under the Pava-Pava brand and high demand for turkey products." The production of Tambov Turkey (a joint project with the Spanish Grupo Fuertes) decreased compared. Read more...
Japan can lift the ban on the import of Russian chicken. Reports the edition about Nikkei.The reason for the possible lifting of restrictions, the publication calls the desire to meet the growing domestic demand for the product. Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe are expected to agree on this at the G20 summit in Osaka. Presumably, the ban will be lifted no earlier than 2020. It is noted that the import will be allowed only for commercial purposes. Japan bans the import of chicken and other poultry from most countries of the world due to concerns about infectious diseases, the publication adds. At the moment, the largest supplier of. Read more...
PJSC Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces its audited consolidated IFRS results for the fourth quarter and full year ending December 31, 2018 Fourth quarter financial highlights Revenue increased by 31.0% year-on-year (y-o-y) to RUB 31.9 billion. Net change in fair value of biological assets amounted to negative RUB 2.0 billion, compared to RUB 0.9 billion in 4Q17. Revaluation of harvested crops in stock changed to negative RUB 0.4 billion from negative RUB 1.3 billion in 4Q17. Gross profit of RUB 7.7 billion up by 33.5% compared to 4Q17. Adjusted EBITDA* up by 179.0% y-o-y to RUB. Read more...
Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for December, the fourth quarter and full 2018. Fourth quarter 2018 highlights: Chicken: Sales volume growth in 4Q18 was supported by the consolidation of Altai Broiler results, which added 5 thousand tonnes in December. Average sales price increased by 32% y-o-y and 13% q-o-q on the back of better sales mix with more products under Petelinka and Chicken Kingdom brand, as well as the further shift to the deboned and high value-added products, as well as supply cuts by other chicken producers. Turkey: JV Tambov Turkey sales volume of. Read more...
In November 2018 chickens and frozen chickens in Russia were sold at an average price of 148.49 rubles / kg/ This is 3.5% more than in the previous month, and 16.9% more than in November 2017. Since the beginning of the year the price of this product has increased by 19.2%. For the period from January 2016 the minimum chicken price in Russia was fixed in April 2018 - 121.77 rub./kg, underlines SoyaNews; maximum price was fixed in November 2018 - 148.49 rubles / kg. The most expensive chickens in November 2018 were sold in the Far Eastern Federal District (196.36 rubles / kg), the cheapest - in the Volga region (137.08 rubles / kg). Average retail chicken. Read more...
In 2018, Russian meat production continued to increase. By the end of 2018 the increase may be 3-3.5%, or up to 350 thousand tons in slaughter weight. In the first nine months of 2018, the total meat production increased by 4.6% compared to the same period last year. Growth was also observed in poultry (+ 1.4%), in pork (+ 9.9%), and in beef (+ 6.9%), said Anna Kudryakova, leading expert of the Institute for Agricultural Market Studies (ICAR). According to the Director General of the National Union of Pig Producers (NSS) Yuri Kovalev, in the outgoing year the output of all types of meat will add 3-3.5%, or 350 thousand tons in slaughter weight. About 10.6 million tons. Read more...
PJSC Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces its unaudited consolidated IFRS results for the period ending September 30, 2018. Third quarter financial highlights Revenue increased by 10.7% year-on-year (y-o-y) to RUB 25.2 billion. Net change in fair value of biological assets amounted to negative RUB 1.4 billion in 3Q18, compared to negative RUB 1.0 billion in 3Q17. Revaluation of harvested crops in stock totalled RUB 0.8 billion from RUB 0.1 billion in 3Q17. Gross profit improved by 29.9% y-o-y to RUB 6.4 billion. Adjusted EBITDA* up by 65.4% y-o-y to RUB 6.0 billion. Adjusted EBITDA. Read more...
Moscow, Russia – October 10, 2018– Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for the September and the third quarter of 2018. Third quarter 2018 highlights: Chicken: Sales volume of 131.3 thousand tonnes remained on par with 3Q17 and the previous quarter and was positively affected by 7 thousand tonnes destocking in August. Average sales price increase of 12% y-o-y and 6% q-o-q was driven by Petelinka and Chicken Kingdom branded products, as we move up the value chain towards a higher share of branded value-added products, with a larger proportion of deboned,. Read more...
Kazakhstan's meat consumption in the second quarter of this year has registered a decrease due to a rise in prices, reportsTrendnews agency. Consumption of meat products in cities decreased by 2% compared to 1Q and in rural areas by 8%. Horse meat has increased its average price by 1.7% per month, reaching $4.7 in the summer months. The horse meat price is up by 9.3% compared to the same period of 2017. Chichen meat has also marked an increase of 1.1% per month, followed by beef, mutton, and pork by 0.2-0.3% (6-8% per year). Meat consumption per capita is now down by 4.1% compared to the first quarter of 2018, reaching 18.7 kilograms. Rural area households have. Read more...
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