World meat industry news

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...

Top 20 turkey producers. Production dynamics

  • 24 Jun 12:00

Top 20 turkey producers. Production dynamics Despite a record increase in production costs at the global and national level and a worsening epizootic situation, Russian turkey farming in 2021 became the fastest growing livestock industry and entered the top five world leaders in terms of turkey meat production.This is reported by the Journal "Agrarian Science". The total volume of turkey meat production in Russia in 2021 in all categories of farms - in industrial enterprises, peasant farms and private household plots - increased by 22.67% over the year and amounted to 400,133 tons of finished products in slaughter weight. In total, 54.93% of the market belongs to Damate Group, and 14.39%. Read more...

Draft law on mandatory animal identification passed by State Duma in third reading

  • 24 Jun 11:57

Draft law on mandatory animal identification passed by State Duma in third reading A draft law on mandatory identification of farm animals has been passed by the State Duma in the second and the third final reading at the plenary meeting on June 15, 2022. Amendments are to be made to the Federal Law “On veterinary medicine”. The amendments provide for the identification of animals by any means (leaving out service animals). The document notes, that animal identification is applied in order to prevent the spread of infectious animal diseases, identification of pathogenic agent sources and paths. Animal identification data will be added to the Federal State Information System “VetIS” (FSIS “VetIS”),. Read more...

How will pork and beef prices rise in Russia?

  • 23 Jun 12:02

How will pork and beef prices rise in Russia? In Russia, the price of chicken meat is at an average multi-year level, and an affordable alternative - pork - will keep it from rising. Denis Ternovsky, a leading researcher at the Center for Agricultural Policy at the Institute for Applied Economic Research (IPEI) of the Russian Academy of National Economy and Public Administration under the President of the Russian Federation, told about this. “Meat prices have grown unevenly over the past year – with a general food inflation of 20%, prices for beef increased by 25%, chicken by 13.3%, pork by 9.3%,” he said. - Rising prices for the most affordable and common meat - chicken and pork - held back the. Read more...