World meat industry news

Main Topics:

*China continues to reduce purchases of poultry and pork in October 2021.

Over the month, China's poultry meat imports decreased by 5%, pork - by 31%. For 10 months of 2021, the indicators decreased by 4% and 8%, respectively.

*The demand for beef in China is growing.

In January-October 2021, Chinese imports of cattle meat increased by 12% compared to the same period last year, while shipments in October increased by 24%. Purchases of this type of meat show a positive trend, despite the accompanying growth in domestic production: by the end of the current year, an increase of 2% is expected.

*EEC approved the zeroing of duties on imports of red meat to the Russian Federation next year.

From January 1, 2022, import quotas have been set for 200 thousand tons of beef for a whole year and 100 thousand tons of pork for six months. The import of the main volume of meat within the framework of quotas is expected not earlier than the second quarter of 2022.