World meat industry news

Putin legalized parallel imports

  • 29 Jun 10:06

Putin legalized parallel imports Russian President Vladimir Putin signed a law legalizing parallel imports for 2022 and exempting from criminal and administrative responsibility for it.The document was published on the official portal of legal information and entered into force. Previously, the legislation allowed the government to approve a list of goods for which civil law protection measures for exclusive rights to the results of intellectual activity (RID) are not applied. In connection with external sanctions, this mechanism is used to saturate the domestic market through parallel imports with scarce and original goods. These goods are not subject to the provisions of the Civil Code on. Read more...

The fall in grain prices accelerated in all regions of the Russian Federation

  • 29 Jun 10:05

The fall in grain prices accelerated in all regions of the Russian Federation The fall in grain prices, which began after the start of the harvesting campaign, accelerated last week in all regions of the Russian Federation.This follows from the monitoring of the ProZerno company, which Interfax got acquainted with."Last week, the active fall in prices for all grain products continued, and now this process has covered all regions of Russia," experts say. Thus, wheat of the 3rd class (EXW European Russia) fell most of all in Siberia - by 480 rubles, to 16,300 rubles per ton.In the Chernozem region, prices decreased by 465 rubles, to 15,780 rubles, in the south and the Volga region - by 400-435 rubles, to 16,017 and 15,788 rubles per. Read more...

The Ministry of Agriculture expects the growth of beef production in 2022

  • 28 Jun 12:32

The Ministry of Agriculture expects the growth of beef production in 2022 The production of cattle in live weight this year is at a level comparable to last year, the Ministry of Agriculture reported. The ministry predicts an increase in Russian beef production by the end of the current year. “The current structure of the market for meat and meat products allows us to predict an increase in the volume of beef in 2022,” the ministry said in a statement. The ministry noted that the introduction of zero import duties helped stabilize prices for this type of meat. “With the help of this measure, it was possible to ensure the availability of beef for Russian consumers and to contain the rate of growth in prices for it against the. Read more...

Zeroing duties prompted Russian farmers to keep livestock on farms

  • 28 Jun 12:31

Zeroing duties prompted Russian farmers to keep livestock on farms The introduction of duty-free import of 200,000 tons of beef into Russia contributed to a reduction in the price of cattle within the country. Russian farmers cannot compete with suppliers of imported raw materials and stop selling livestock for slaughter. Kommersant writes about this with reference to market participants. As the publication notes, with the strengthening of the national currency and the introduction of a zero duty (until January 1, 2022, the duty on beef imports was 15%), imported beef became cheaper than Russian beef by an average of 25%, Kommersant reports, citing a source in the industry. It is unprofitable for Russian farmers to sell livestock at. Read more...

Russia increased pork exports to Kazakhstan by four times

  • 28 Jun 12:30

Russia increased pork exports to Kazakhstan by four times Sergei Dankvert, head of the Rosselkhoznadzor, believes that Russia has everything to develop meat exports to the CIS countries. The export potential of this direction is underestimated. He announced this on the sidelines of the international economic forum, which ended a week ago in St. Petersburg. According to the man, Russia should strive to go where it is profitable. Exports to countries that were previously part of the CIS and the Eurasian Community are underestimated. Russian exporters can supply even more pork by opening up new distribution channels. From January 1 to June 10, Russia exported 61 thousand tons of meat products. This is 2 thousand tons less than. Read more...

The UN said that they continue negotiations on the export of food from Russia and Ukraine

  • 28 Jun 12:28

The UN said that they continue negotiations on the export of food from Russia and Ukraine The UN continues negotiations to reach a package agreement on food exports between Russia and Ukraine.This was stated on Monday at a briefing by the official representative of the Secretary General of the world organization Stéphane Dujarric. "Negotiations continue to reach an agreement on a package agreement. <...> The UN Secretary-General [Antonio Guterres] has not set deadlines for the agreement to be concluded," Dujarric said. According to him, the services of the UN Secretary General for mediation between the parties have always been available."Our task now is to get the parties to sit down at the negotiating table to resolve the. Read more...

Inflation expectations of the population increased, enterprises - continued to decline

  • 27 Jun 11:41

Inflation expectations of the population increased, enterprises - continued to decline Inflationary expectations of the population in June 2022 increased and are now close to the values ​​of August-September 2021.The median estimate of inflation expected in the next 12 months was 12.4%.Short-term price expectations of enterprises continued to decline, returning to the level of spring 2021, reports The DairyNews, citing the press service of the Bank of Russia. The median assessment of household inflation expectations for the year ahead was 12.4% in June (+0.9 percentage points versus May).Despite the growth, inflation expectations remained below the levels of the beginning of the current year.The median estimate of observed inflation in June decreased. Read more...

Sergey Dankvert announces increasing demand for Russian animal vaccines

  • 27 Jun 11:38

Sergey Dankvert announces increasing demand for Russian animal vaccines Sergey Dankvert, the head of the Rosselkhoznadzor, announced an increase in demand for Russian immunobiologicals, such as animal vaccines. “It should be noted, that the demand for Russian immunobiologicals has risen significantly lately, as Rosselkhoznadzor and domestic manufacturers have launched outreach activities among vets, explaining the advantages of our animal health products over the foreign ones,” – Sergey Dankvert said in interview withTASS. The head of the Rosselkhoznadzor pointed out that there are replacements for practically any foreign-made animal vaccine in Russia. “We’re especially good at autogenous vaccines production,. Read more...

Russia Relocating Trade From EU To BRICS

  • 27 Jun 11:35

Russia Relocating Trade From EU To BRICS President Vladimir Putin said at last week’sBRICS Business Forumthat Russia was in the process of rerouting its trade and oil exports towards countries from the BRICS group of emerging economies in the wake of Western sanctions over Ukraine.The BRICS countries comprise Brazil, Russia, India, China and South Africa. The West has imposed sweeping sanctions on Russia, including restrictions on imports of its oil. In order to weather these, Russia is forging closer ties with Asia, seeking to supplant the markets it lost in the row with the European Union and the United States. In a video address to the BRICS Business Forum participants, Putin said Russia. Read more...

How will the strengthening of the ruble affect the Russian economy?

  • 24 Jun 12:01

How will the strengthening of the ruble affect the Russian economy? The dollar exchange rate during currency trading on the Moscow Exchange fell below 55 rubles for the first time since June 2015.The growth of the ruble became possible due to certain factors.In particular, we are talking about the introduced requirements in currency regulation, low demand for foreign currency and demand for imports, The DairyNews reports with reference to the RANEPA Telegram channel.Expertise. The Russian ruble was named the best currency in the world after rising against the dollar by 11% since the beginning of the year.Thus, it became the leader among the 31 major currencies tracked by Bloomberg.The sharply strengthened ruble deceived the. Read more...