You searched for "russia" (10 results found)

Russian GDP Growth Picks up in Q2, Reaches 0.9%

  • 13 Aug 11:43

Russian GDP Growth Picks up in Q2, Reaches 0.9% Economic growth in Russia picked up to 0.9% in the second quarter of 2019 in year-on-year terms from 0.5% in the first three months of the year, preliminary data by the Federal Statistics Service (Rosstat) revealed on Monday,accordingto Reuters. The Russian central bank said in late July itexpectedthe gross domestic product (GDP) to grow at 0.5-1.0% in the second quarter, before accelerating to 0.8%-1.3% in the third quarter. “The growth rate of the Russian economy since the beginning of the year is below the expectations of the Bank of Russia. This is due to the weak dynamics of investment activity, as well as a significant decrease in annual export. Read more...

Genesus Global Market Report: Russia - August 2019

  • 6 Aug 10:26

Genesus Global Market Report: Russia - August 2019 With cost of production at about 65 Roubles ($1.03) for the best producers, the period of high profitability for the Russian pig industry rolls on and on. ig price in Russia is 113.50 Roubles per live kg (US$1.77). Goes to show what’s possible by restricting imports! Just like everywhere else in the world today, most of the talk in Russia is about China and the effects the dramatic loss of pig production in China will have on the Russian market. Currently pork can’t go from Russia to China as Russia is ASF positive as a country. Russia has not seen the recent rise in price seen in other countries that are exporting to China. Currently the. Read more...

New Global Economic Crisis Threatens Russia, Analysts Say

  • 1 Aug 11:28

New Global Economic Crisis Threatens Russia, Analysts Say Russia’s Analytical Credit Rating Agency (ACRA) has joined analysts around the world predicting a new global economic downturn which could hit Russia severely, Nezavisimaya Gazetawrites. The agency’s analysts are predicting that the new crisis will begin at the end of this year. According to them, the Chinese-American trade war will trigger a recession in the United States (-0.7% GDP) in 2020, while China will only face a slowdown in growth rates of 4-4.5%. The decline in the global trade growth rate will lead to a drop in demand in Russia’s traditional export goods, namely raw materials, ACRA said. Experts polled by Nezavisimaya. Read more...

Japan may lift the ban on the import of Russian chicken

  • 24 Jun 10:50

Japan may lift the ban on the import of Russian chicken 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...

Trump Ready for ‘a Lot of Trade’ with Russia after Putin Phone Call

  • 16 May 11:03

Trump Ready for ‘a Lot of Trade’ with Russia after Putin Phone Call U.S. President Donald Trump has said that he shares Vladimir Putin’s desire to improve trade ties between Russia and the U.S., after a lengthy phone conversation with his Russian counterpart earlier this month,Reutersreports. “We intend to do a lot of trade with Russia,” Trump told reporters at the White House. “We do some right now. It’s up a little bit. But [Putin would] like to do trade and we’d like to do trade.” Trump said he’ll meet with China’s Xi Jinping and Russia’s Vladimir Putin at theGroup of 20 summitin Japan in June. Putin’s foreign affairs advisersaidthe Kremlin is prepared to agree to any. Read more...

Innovative service for meat industry professionals

  • 15 May 11:41

Innovative service for meat industry professionals Meatinfo.ru, one of the largest platform on purchases and sales of meat products in Russia and the CIS, has launched a new free service for meat industry experts. On April 27, Meatinfo presented an unique service - a geodesk for meat industry specialists. The main idea of the service is to collect meat and meat product prices offered not only by the largest agricultural holdings in the country, but also by representatives of medium and small businesses. Prices for geodesk are provided by the users themselves - sales managers, traders, farmers, business owners and relevance of information is supported by a weekly update. Meatinfo geodesk is an excellent. Read more...

Belarus complains about meat trade with Russia

  • 15 May 10:44

Belarus complains about meat trade with Russia In Q1, just 69,000 tonnes of meat products were shipped to Russia. "If the dynamics stay in place, the annual target will be missed", say official sources. The Russian Agriculture Ministry is invited on May 15 in Minsk to discuss trade issues with its Belarusian counterpart. "In January-March we shipped 69,000 tonnes of meat products. If the dynamics stay in place, the annual target will be missed as well. Restrictions of the Federal Service for Veterinary and Phytosanitary Surveillance of Russia (Rosselkhoznadzor) on our food export are having a negative effect on the ability to hit the specified figures", declared Aleksei Bogdanov, Head of the. Read more...

China-Russia Trade up Almost 10% in First Quarter of 2019

  • 22 Apr 10:50

China-Russia Trade up Almost 10% in First Quarter of 2019 Trade between China and Russia reached 164.8 billion yuan (24.2 billion U.S. dollars) in the first quarter of this year, up 9.8 percent compared with the same period last year, China’s Ministry of Commerce (MOFCOM) has said, according toXinhua. Luo Weidong, director of Eurasian Affairs Department of the MOFCOM, said at the China Tianjin International Fair for Investment and Trade (CIFIT) that the country expects bilateral trade between the two countries to keep momentum in 2019. Trade between China and Russia surged in 2018, reaching $107.06 billion, a 27.1 year-on-year increase, according to MOFCOM. Chinese investment in Russia has expanded. Read more...

Reduced yield in Russia will lead to higher prices for chicken meat in Armenia

  • 17 Apr 09:42

Reduced yield in Russia will lead to higher prices for chicken meat in Armenia Experts predict that the Russian grain harvest in 2019 will be 16% lower than the previous one. Grain prices will inevitably rise. Concerns about the possible increase in the prices of grain imported from Russia are expressed by Armenian business circles. In a conversation with the correspondent of the news agency “Sputnik Armenia”, the chairman of the Union of Poultry Farmers of Armenia Sergey Stepanyan noted that the prices for mixed feeds are already rising. A kilogram of feed has risen in price by 30 drams (AMD), the cost of its production also increased, which, in turn, affected the price. Read more...

Turkey processor to build major kosher meat plant

  • 27 Mar 09:26

Turkey processor to build major kosher meat plant The major Russian turkey company Damate has revealed plans to build the biggest kosher meat processing plant in the country, with the aim of establishing exports to Israel. The company revealed that investment in the project would amount to $30 mill. and the plant, slated to be in operation by 2021, would have a production capacity of 70,000 t of various turkey meat products per year. The company has chosen to implement the project in Penza Oblast, in Russia's European region, where Damate runs its poultry farms. By separating production lines, the plant could manufacture kosher and halal meat products, as well as handling poultry for conventional slaughter,. Read more...