Damate increased turkey production by 13% in 9 months compared to the same period last year. Positive dynamics is the result of the systematic implementation of projects in the Penza and Rostov regions. Damate Group of Companies, the largest turkey producer in Russia, produced 158 thousand tons of turkey in carcass weight in 9 months of 2022. The increase was 13% compared to the same period last year. The positive dynamics of growth in production volumes is due to the systematic implementation of the company's turkey-breeding projects in the Penza and Rostov regions. At the complex of the Rostov region, turkey meat production volumes increased by 36% compared to 9. Read more...
In the rest of 2022, it is hardly worth expecting increased demand for beef. This was stated by Ivan Petrov, First Deputy Dean of the Faculty of Economics and Business, Professor of the Department of Industry Markets of the Financial University under the Government of the Russian Federation. “With a strong rise in beef prices, consumers will be able to quickly switch to alternative types of meat, namely pork and chicken, and it will not be possible even for very active sellers and producers to sell the available amount of beef. It is hardly worth expecting increased demand. It will most likely remain at the 2022 level. At the same time, a further decline in the. Read more...
The Baidaratsky state farm in the Priuralsky district of the Yamal-Nenets Autonomous Okrug began to produce sausages from venison. This was reported on the website of the regional government. “Joint-stock company “Sovkhoz “Baidaratsky” has started the production of sausages from reindeer meat. It became possible to expand the range of products due to the acquisition of a domestic vacuum filler for sausages,” the report says. Venison sausages will be produced under the name "Desirable". “All sausage products are made from deer meat of the highest or first category with the addition of only natural ingredients:. Read more...
The Ministry of Transport of Russia proposes to develop a system of border crossings to China, Kazakhstan and Mongolia in the next eight years, the Vedomosti newspaper writes, citing the presentation of the Ministry of Transport. Until 2030, Russia can allocate $30.8 billion for the construction of about 3,000 kilometers of railways in the territories of three neighboring countries, 269 kilometers of tracks on our territory, as well as three new railway crossing points. As the source told the publication, by September the project will acquire the final structure and it will be considered by the President of Russia. As follows from the map of transport and logistics. Read more...
Over the nine months of this year, the livestock sector has maintained a positive trend in both meat and dairy products. Thus, compared to the same period last year, the production of livestock and poultry in all categories of farms increased by 3.7% to 11.23 million tons in live weight, and milk - by 1.2% to 25.3 million tons. The highest rates are noted in pig breeding, where the volume increased by 6.2% to 4.15 million tons. The index for poultry added 4.7%, reaching 5.1 million tons. The key factor in the development of dairy farming is the increase in the productivity of cows and the introduction of new technologies at the enterprises of the industry. In. Read more...
Russian producers increased the export of beef and poultry meat by 30% over the first 9 months of this year compared to the same period last year, the press service of Rosselkhoznadzor reports following a webinar for Russian participants in foreign economic activity, which was attended by the head of the service Sergey Dankvert. The webinar also provided information on the volume of exports of other types of meat. Thus, foreign supplies of Russian pork for 9 months of this year increased by 16% compared to the same period last year, shipments of finished meat products increased by 12%. Exports of butter, cheese and cottage cheese also increased. Representatives of. Read more...
In the course of import substitution, the technological dependence of the Russian economy on imports of intermediate products can, contrary to goals, only increase. Analysts of the Center for Macroeconomic Analysis and Short-Term Forecasting came to this conclusion. The Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF) recently updated its monthly analysis of macroeconomic trends. The center's specialists note that now the economy is experiencing steady stabilization: the negative effect of the "sanction shock" (albeit in the short term) has been overcome, but the impulse for primary recovery growth has turned out to be rather weak. We. Read more...
Inflation expectations of Russians increased to 12.8% in October from 12.5% in September.Information about this is contained in the "infom" report, which was commissioned by the Bank of Russia. 38% of respondents in October noticed an increase in the cost of meat and poultry.29% of participants noted an increase in the price of dairy products.28% of respondents saw an increase in the cost of tea, coffee and medicines. In addition, according to the survey, 33% of the study participants said that they had to save on travel, 28% of respondents saved on clothes and shoes, 25% on repairs. In the first half of September, Russian President Vladimir. Read more...
The Ministry of Agriculture does not intend to extend the duty-free import of pork for next year, the ministry said. What happened * The reason is that there is enough local pork in the country. * In January-September 2022, production growth reached 6.2%. * Such dynamics of meat production contributes to the fact that selling prices in the country remain stable. Details At the end of last year, the subcommittee on customs and tariff regulation approved a tariff exemption for the import of frozen pork up to 100 thousand tons (for the first half of 2022), and frozen beef - up to 200 thousand tons (for the whole year). Context The subcommittee. Read more...
Significant opportunities exist, but market research and legal due diligence should be undertaken by Russian businesses engaging with Chinese partners With the Chinese Communist Party Congress now over, a number of key steps were taken not just in terms of ushering in a new politburo but also emphasizing China’s trade policies in addition to other matters. In fact, China’s economic development was labelled a ‘top priority’ for the new Five Year Plan, a fact overlooked by many Western analysts who prefer to engage with political speculation as it is both easier to write and finds a ready market. However, it is the trade aspect that will. Read more...
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