World meat industry news

The Bank of Russia noted the growing demand for pork in China as a factor that affects the development of Russian pig farming.

"The output of livestock products (primarily pig breeding) continues to grow, especially in the face of increased demand from China," - said the Central Bank.

Negotiations on opening the Chinese market for Russian pork have been going on for several years. Agriculture Minister Dmitry Patrushev said that the negotiations are "pretty hard." The Minister expects that the parties will resolve all issues related to supplies in a certain time. Russia believes that China will begin to purchase "a large amount of pork," Patrushev said.

Meanwhile, negotiations on the supply of Russian poultry meat and dairy products to China were successfully completed.

On November 29, Russia received the right to supply pork to Vietnam, which, along with China, is a major consumer of this type of meat in the world.