World meat industry news

Cherkizovo Pork Sales Volume Down Following ASF Outbreak

  • 3 Aug 14:37

Cherkizovo Pork Sales Volume Down Following ASF Outbreak Russia’s leading integrated meat and finished feed producer Cherkizovo Group has reported a decline in its pork sales volume following an outbreak of African Swine Fever (ASF).The pork division sales volume in the first half of 2015 decreased by nine per cent to 74 379 tonnes of live weight from 81 318 tonnes in the first half of 2014. The decrease was due mostly to the quarantine closure of two finishing facilities after the ASF outbreak in late December 2014. The outbreaks affected two ofCherkizovo's sites. One in theVoronezh region and one in the Orel region. Only a few animals at each site were effected, allowing the company to take control. Read more...

JD.com to sell Russian goods in China

  • 3 Aug 14:36

JD.com to sell Russian goods in China JD.com plans to sell Russian food, jewelry, cosmetics and other goods in China by the end of this year, the president of the Chinese e-commerce company’s international business group Victor Xu said this week. “We are negotiating with a number of interested Russian companies and manufacturers,” Xu said. The company’s managers also met Russian officials to discuss Sino-Russian trade, according to Xu. Russian billionaires Alisher Usmanov and Yuri Milner own about 9 percent of the shares of JD.com (through the DST Global fund). Over the last few years, they have invested $780 million in the JD.com. JD.com is following in the footsteps of. Read more...

Survey Finds Animal Welfare Tops Consumers’ Ethical Concerns

  • 31 Jul 12:21

Survey Finds Animal Welfare Tops Consumers’ Ethical Concerns Three quarters of consumers in the UK put animal welfare at the top of the list when it comes to ethical issues for food companies.Concerns over how animals reared for meat, dairy products and eggs are treated is the top of the list of issues for consumers when companies make ethical claims. More than half of UK consumers would also stop buying products from companies that are found to be acting unethically. A new survey from the market analyst company Mintel shows that welfare issues come above concerns over the environment, the treatment of employees and issues such as tax avoidance when it comes to ethical production of food. The survey that looked at a sample. Read more...

Ukraine agribusiness firms in 'quiet land grab' with development finance

  • 31 Jul 12:19

Ukraine agribusiness firms in 'quiet land grab' with development finance Hundreds of millions of dollars in development finance from the World Bank’s investment arm have helped to fund the controversial expansion of a billionaire’s agribusiness empire in Ukraine, amid growing concern that land and farming in the country are increasingly falling into the hands of a few wealthy individuals. Controlled by one of Ukraine’s wealthiest men, Yuriy Kosiuk, the agribusiness company Myronivsky Hliboproduct (MHP) dominates the country’s domestic poultry market and exports chicken and luxuries such as foie gras across Europe. Since 2010, it has received at least $200m (£128m) in long-term loans from the. Read more...

Ten Reasons Why China Needs the US

  • 30 Jul 12:14

Ten Reasons Why China Needs the US China is America’s biggest customer for agricultural products, with almost a fifth of imported goods coming from the US.Today, this is worth $25 billion in annual sales.This was not always the case, however, according to the US Department of Agriculture’s Economic Research Service (ERS), which has seen growth in Chinese buying develop from around 2-3 per cent in the mid-1990s. Economic reforms, urbanisation and a rapidly developing livestock sector have played a part in a major shift in Chinese demands over the last 20 years. This began to take hold relatively recently, when US agricultural exports to China doubled between 2008 and 2012. China -. Read more...

Trans-Pacific Partnership Negotiators Meet for 'Decisive' Talks

  • 30 Jul 12:13

Trans-Pacific Partnership Negotiators Meet for 'Decisive' Talks Negotiators from across the globe are meeting in Hawaii this week for a 'decisive round' of talks on the Trans-Pacific Partnership (TPP) trade agreement.The meeting of trade ministers is taking place inMaui, Hawaii from July 28-31, and was preceded by a meeting of TPP Chief Negotiators from July 24-27. The countries negotiating the agreement includeAustralia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam. The agreement would increase trade between these countries by eliminating tariffs and other trade barriers. Farming is a key point of disagreement in the negotiations, with supply management of dairy. Read more...

Ambitious Plans for Kyrgyzstan Dairy Sector

  • 29 Jul 11:06

Ambitious Plans for Kyrgyzstan Dairy Sector Subsistence farming and bartering characterise a region of the world that is hoped to become internationally recognised for its dairy produce.Since breaking Soviet ties in 1991, Kyrgyzstan has seen a degree of contraction in the dairy sector. Many of the vast, indoor, intensive dairies have been broken up and replaced with back-yard operations. However, this could be set to change if a major development scheme takes hold. A “holistic and comprehensive” initiative has been announced to address the key challenges besetting the country’s dairy farmers. The Dairy Sector Development Programme, supported by the World Bank Group, wants to. Read more...

China building 100,000-cow dairy unit to supply Russian market

  • 29 Jul 11:05

China building 100,000-cow dairy unit to supply Russian market China has begun work on the construction of a 100,000-cow dairy unit to supply the Russian market with milk and cheese. The site in Mudanjiang City, north-east China, is the world’s largest and marks a 1bn yuan (£103m) collaboration between Russian and Chinese investors. China’s Zhongding Dairy Farming and Russia’s Severny Bur are behind the project. The world’s largest sitecurrently operational is the 40,000-cowModern Dairy Company unit in China (pictured and video below). Forthe new site, feed and forage stocks needed to supply the year-round housed animals will be grown on 100,000ha of land most of which is in Russia. How. Read more...

The road ahead for Thai-Russian trade relations

  • 29 Jul 11:02

The road ahead for Thai-Russian trade relations Economic ties between the countries have been on the upswing for a while. There is already an agreement for Russia to supply Sukhoi Superjet-100 (SSJ-100) civil aircraft, while KamAZ has successfully entered the Southeast Asian market. Thai business are involved in major agricultural projects in Russia. However, bilateral trade still lags behind potential. The 6th Russia-Thailand Intergovernmental Commission on Bilateral Cooperation met in Moscow this month. The meeting was co-chaired by Denis Manturov, Russia’s Minister of Industry and Trade of Russia and Tanasak Patimapragorn, Thailand’s Deputy Prime Minister and Minister of Foreign Affairs.. Read more...

Russia best BRICS country for investment

  • 28 Jul 13:23

Russia best BRICS country for investment Russia’s economy, set to contract this year for the first time since 2009, may rebound 0.5 percent in 2016, a Bloomberg survey shows. Russia is the best bet for investment among BRICS countries in 2015,according to Bloomberg. “Our models are telling us to buy Russia,” Tim Love, a London-based investment manager at GAM told the news agency. “There is a very strong turnaround potential. It’s an increasingly difficult call to get right because of politics. I’d be happy to pull the trigger in the next two to three months.” The agency notes that in nominal terms, the MICEX index (Russian stocks) in 2015 rose by 18 percent,. Read more...