World meat industry news

Exporters are allowed to transfer foreign currency revenues to their overseas bank accounts

  • 14 Jun 10:43

Exporters are allowed to transfer foreign currency revenues to their overseas bank accounts According to the statement of the press service of the Russian Ministry of Finance, with reference to the decision of the Government Commission on Monitoring of Foreign Investment, Russian exporters are allowed to credit foreign currency revenues to their offshore accounts as of June 6. “Residents have the right to transfer foreign currency revenues gained under foreign trade agreements (contracts) to their accounts, opened in offshore banks,” the Ministry of Finance said in a statement posted on its website. However, the decision on 50% foreign currency revenue conversion is still in force, the statement says. Reminder: obligatory 80% conversion. Read more...

Russia Tests India Freight Direct Via INSTC

  • 14 Jun 10:41

Russian containers shipped from Astrakhan to Mumbai as Iran tests INSTC connectivity routes.Iran’s state-run shipping company has stated it has successfully completedthe first transit of Russian goods to India, using the International North South Transportation Corridor (INSTC). Goods originated in St.Petersburg, departed the Russian Caspian Sea port zone of Solyanka, in Astrakhan, were shipped south to Iran’s Anzali Caspian seaport, and then transited south via road across Iran to the Iranian Gulf port of Bandar Abbas. From there, goods were shipped to Mumbai on India’s West coast. The entire journey took 24 days and is likely to become. Read more...

The New Rebranded Russian McDonalds

  • 10 Jun 10:30

The New Rebranded Russian McDonalds The Russian fast food chain that has acquired the McDonald’s outlets in the country has chosen a new logo. It depicts the main symbols of the restaurant: two sticks of yellow fries and a yellow-orange burger. The press service added that the logo is located on a green background, which symbolizes the quality of products and service that guests are used to. Today, the network is launching a new advertising campaign that will use this logo. The legal issue has seen the existing McDonalds Russia LLC be acquired and renamed as PBO Systems. The working name for the new brand has not yet been chosen, with discussions underway with both McDonalds and Rospatent, the. Read more...

Altai LLC "Agro-Sibir" is building a farm for 1200 heads

  • 9 Jun 10:56

Altai LLC "Agro-Sibir" is building a farm for 1200 heads Altai LLC "Agro-Sibir" is building a farm for 1200 heads.The head of the enterprise Vladimir Shits told the Minister of Agriculture of the region Sergey Mezhin about this, writes The DairyNews with reference to the press service of the regional Ministry of Agriculture. According to him, the construction of the facility began in 2021.A milking parlor has been built, almost all the equipment has already been installed in it - a parallel type milking parlor.The construction of two cowsheds continues. Earlier, wereportedthat in the first quarter among farms, the leader in cow productivity in the Altai Territory was the Agro-Sibir enterprise of the Smolensk. Read more...

Dmitry Patrushev: Russia provides domestic needs for almost all types of food

  • 9 Jun 10:55

Dmitry Patrushev: Russia provides domestic needs for almost all types of food Russia provides for its domestic needs for almost all types of food, and at the same time we maintain a strong export potential.This was stated by the Minister of Agriculture of the Russian Federation Dmitry Patrushev during the 12th meeting of the Ministers of Agriculture of the BRICS countries, which was held under the chairmanship of China.Its key topic was the development of cooperation in the field of agriculture and rural areas, The DairyNews was told in the press service of the Ministry of Agriculture of the Russian Federation. According to Dmitry Patrushev, the common task remains the stable provision of food for the population of the BRICS member countries and the. Read more...

The state intends to support farmers in unequal competition with agricultural holdings

  • 9 Jun 10:54

The state intends to support farmers in unequal competition with agricultural holdings It will become easier for Russians, and, in particular, owners of farms, to conclude lease agreements for agricultural land that is state and municipal property.Such a bill was submitted to the State Duma by the Government on June 2.In both chambers of the Russian parliament and in the farming community, they support the initiative, expecting that the amendments will increase the size of the sown area, and hence the volume of agricultural production. About 400 million hectares of agricultural land are currently used for their intended purpose in the country, while, according to various experts, there are about 40 million hectares of unused agricultural land in Russia.The. Read more...

Inflation has been zero since the beginning of June

  • 9 Jun 10:52

Inflation has been zero since the beginning of June Inflation has been zero since the beginning of June, and 11.8% since the beginning of the year. This was reported by Rosstat. For the period from May 28 to June 3, 2022, prices decreased: chicken meat – by 0.6%, pork – by 0.4%, sterilized milk and buckwheat groats – by 0.3%, semi-smoked and boiled-smoked sausages, pasta and table salt – by 0.2%, vermicelli and vodka – by 0.1%. Prices for chicken eggs on average in the country decreased by 1.9%. Granulated sugar on average in the country has become cheaper by 1%. Margarine prices on average in Russia increased by 1.3%. Fruit and vegetable products on average fell by 3%. The prices. Read more...

Open online livestock trading platform launched in EAEU

  • 9 Jun 10:52

Open online livestock trading platform launched in EAEU An open online livestock trading platform has been launched in the Eurasian Economic Union (EAEU). Roman Kostiuk, general director of the National Union of Beef Producers, during the International Scientific and Practical Conference “Veterinary Medicine in the Agro-Industrial Complex - 2022” held in Novosibirsk, provided “Veterinary and Life” with details on how the platform will operate. “Currently, Russian manufacturers in all regions can trade their livestock through certified brokers, and the access will be given to our foreign partners so they have the opportunity to purchase animals. We are ready to trade all kinds of. Read more...

Russian Government to allocate 900 million rubles for the introduction of digital technologies in the agro-industrial complex

  • 8 Jun 11:17

Russian Government to allocate 900 million rubles for the introduction of digital technologies in the agro-industrial complex The government of the Russian Federation will provide 90 million rubles for the digitalization of the agro-industrial complex, Prime Minister Mikhail Mishustin said. The introduction of innovations, according to the expectations of the prime minister, will serve to create a more accurate structure for monitoring and predicting food security. In order to make crop forecasts in Russia more accurate, the following actions are planned to be taken this year: - Implement artificial intelligence technologies. The experiment will be carried out in eight Russian regions on seven main agricultural crops, including sunflower, corn, potatoes, etc.; – Launch the. Read more...

Belarus, Russia fully maintain food security despite sanctions

  • 8 Jun 11:12

Belarus, Russia fully maintain food security despite sanctions Belarus and Russia maintain food security in full despite the sanctions, State Secretary of the Belarus-Russia Union State Dmitry Mezentsev said at the Belagro 2022 international expo, BelTA has learned. “Last year, our presidents signed 28 Union State programs, some of which are designed to promote cooperation in the agricultural industry and boost our competitiveness. New production chains are being created, import substitution is gaining steam. Our states are under unprecedented pressure on the part of Western partners, but we fully maintain our food security. These difficulties take us to a new stage in our relations,” the state secretary. Read more...