World meat industry news

Rumors of chicken shortages are greatly exaggerated

  • 23 Jun 12:00

Rumors of chicken shortages are greatly exaggerated Chicken is a versatile and most affordable meat. It is not surprising that rumors about its possible shortage due to sanctions worry our readers. “They said on TV that if feed additives rich in vitamins are no longer supplied to Russia, chickens will begin to wither,” writes Elena Borisovna from Strogin. How things really are in the field of poultry farming, SZ understood. Today in stores there is a shortage of chicken and eggs and does not smell. On the contrary: you can choose goods from different manufacturers. And the prices are quite reasonable. So, in the shopping center on Planernaya, the price of eggs starts at 63 rubles per dozen C1, chicken thigh -. Read more...

Russia Legalizes Parallel Imports

  • 23 Jun 11:45

Russia Legalizes Parallel Imports Moscow legalizes the use of Western trademarked brands without compensation – unless the company continues to operate in Russia Russia’s State Duma has adopted a law providing for the legalization of parallel imports into the country. The law protects Russian companies that import goods without the permission of the right holder, from civil, administrative, and criminal liability in Russia. According to the State Duma Committee on Economic Policy, the adoption of the law caters for the interests of Russian consumers. It will also contribute to the development of the Russian economy and help bend Western sanctions. In March, the Russian government. Read more...

The United States said they do not want to create obstacles for Russian food exports

  • 23 Jun 11:44

The United States said they do not want to create obstacles for Russian food exports The United States does not want to create obstacles for countries to buy food and fertilizer from Russia.This statement was made on Wednesday by US Assistant Secretary of State for Economic and Business Affairs Ramin Tolui during a telephone briefing for journalists. "It is important to note that the United States does not want there to be obstacles to the ability of countries to purchase food, fertilizers from Russia, so that [there were obstacles] to the access of these products to international markets," the official said. Countries should contact the US Treasury and its subordinate Office of Foreign Assets Control (responsible for sanctions) or US. Read more...

Putin: BRICS are considering the creation of an international reserve currency

  • 23 Jun 11:43

Putin: BRICS are considering the creation of an international reserve currency The issue of creating an international reserve currency based on the basket of currencies of the BRICS countries is being worked out, Russian President Vladimir Putin said. "Together with BRICS partners, reliable alternative mechanisms for international settlements are being developed. The Russian financial messaging system is open to connecting banks from the five countries. The geography of use of the Russian payment system Mir is being expanded. The issue of creating an international reserve currency based on a basket of currencies of our countries," he told the participants of the BRICS Business Forum. Putin stressed that despite all the problems. Read more...

Sergei Dankvert: rumors that imports have stopped are greatly exaggerated

  • 23 Jun 11:41

Sergei Dankvert: rumors that imports have stopped are greatly exaggerated Head of Rosselkhoznadzor Sergey Dankvert told TASS during SPIEF-2022 about what is happening with the export and import of products in the new external economic conditions, at what stage is the development of a vaccine against African swine fever, and also about the size of the animal feed market in Russia. — Sergey Alekseevich, since we last talked, the situation in the world has changed a lot.In this regard, I would like to ask you what is happening with the supply of imported products in the conditions of the changed geopolitical situation?How are their routes changing? - In general, there are certain difficulties that everyone is talking about.These are,. Read more...

The production of poultry sausages in Russia increased by 20% over the past 5 years

  • 22 Jun 11:18

The production of poultry sausages in Russia increased by 20% over the past 5 years The production of poultry sausages in Russia in the period from 2017 to 2021 increased by 20% and reached 183 thousand tons, follows from the analysis of the market by BusinesStat analysts. According to experts, due to sanctions and a decrease in real disposable money incomes of Russians, sales of more expensive products are declining and sales of the cheapest are growing. “Poultry sausages are cheap products compared to beef and pork sausages, so under the current conditions, their sales will grow,” analysts predict. In their opinion, the growth of domestic demand will play into the hands of domestic producers, it will become the main factor. Read more...

Russia and China: Prospects for cooperation, food markets and certification

  • 22 Jun 11:15

Russia and China: Prospects for cooperation, food markets and certification Last week, a round table "Marking of Russian food products in China" was held, within the framework of which aspects of certification of goods supplied to China from Russia, prospects for strengthening trade and economic cooperation between the countries and expanding exports of Russian products to China were discussed.The DairyNews prepared a material with the key theses of the experts. The round table was organized by the Office of the Commissioner for the Protection of the Rights of Entrepreneurs under the President of the Russian Federation, the Russian-Chinese and Chinese-Russian Committee of Friendship, Peace and Development, the Trade and. Read more...

Russia’s Global GDP Growth Gamble v The West

  • 22 Jun 11:13

Russia’s Global GDP Growth Gamble v The West ‘Unfriendly’ countries may have 30% more GDP, but their projected 5 year performance is far worse than Russia’s allies Russia began publishing a list of ‘unfriendly countries’ from May 2021, which was significantly expanded in March 2022. In the map attached, we can see that most of what is collectively known as ‘the West” is included in the shape of the United States, Canada, the European Union and United Kingdom, in addition to Asian nations such as Australia and New Zealand, Japan, South Korea and Singapore. A few other countries also make the list. These are all marked in red. Russia, and the Rest of the World, or what. Read more...

The wholesale cost of meat may decrease by 5–10% by the end of the year

  • 21 Jun 11:59

The wholesale cost of meat may decrease by 5–10% by the end of the year Growth in production, reduced exports amid logistical difficulties due to hostilities in Ukraine, as well as a decrease in domestic demand due to falling incomes of the population, could seriously worsen the position of Russian pork producers. Market participants fear that by the end of the year, the average prices for this meat may drop by 5–10%, which threatens to leave the market for some players. Large companies are already suspending the implementation of new projects. The average annual wholesale prices for pork at the end of this year, under an unfavorable scenario, may decrease by 5-10%. Such a forecast is contained in the presentation of the National Union. Read more...

The Ministry of Economic Development cancels the duty-free import of pork

  • 21 Jun 11:58

The Ministry of Economic Development cancels the duty-free import of pork According to Yuri Kovalev, director general of the National Union of Pig Breeders (NSS), the forecasts related to preferential pork imports did not come true. In January-May, no more than 15 thousand tons of this type of meat were purchased on foreign markets, but for 100 thousand tons, as was originally planned. Prices for pork in the domestic market have decreased against the backdrop of rising world prices, so its import is not economically feasible. Foreign-produced pork has lost its competitiveness in the domestic market. Until the beginning of 2022, pork imports were subject to a duty of 25%. The decision on zero duty on pork imports was made in October 2021.. Read more...