World meat industry news

MHP has announced it is increasing the production capacity at its Vinnitsa poultry plant by launching a second production line, delo.ua reports.

 "We opened the second production line on July 1. Six months from now we are planning to become the largest poultry factory in the world," the executive director of the poultry plant, Igor Leshchenko said.

According to the executive director, the complex has the largest incubator in the world. The production capacity of the plant currently reaches 0.5 million tons of poultry per day.

Mr. Leshchenko also said regarding the possibilities for processing the waste from the poultry farm after the launch of the biogas complex that this would reduce fivefold the litter storage area.

MHP's sales declined by 13% in the third quarter of 2017. The average selling price for meat for the specified period was 37.88 UAH (US$ 1.44) / kg (excluding VAT), an increase of 15% compared to the previous quarter and 30% - for the year.