World meat industry news

The Ministry of Agriculture discussed the dynamics of agricultural production and the course of seasonal field work

  • 19 May 10:02

The Ministry of Agriculture discussed the dynamics of agricultural production and the course of seasonal field work In Russia, about 30 million hectares are currently sown with spring crops, winter crops have been fertilized on an area of 16.5 million hectares. Farmers are provided with material and technical resources. This was announced by the Ministry of Agriculture of Russia following the results of the meeting of the operational staff, at which the issues of agricultural production and the course of the sowing campaign were considered. According to the results of the first quarter of 2022, the dynamics of livestock production and processing in key areas is positive. Poultry, pig farming, cattle, milk and egg production showed growth. The processing industry has increased. Read more...

Inflation in Russia for the week from May 7 to May 13 was 0.05%

  • 19 May 10:01

Inflation in Russia for the week from May 7 to May 13 was 0.05% Inflation for the week, from May 7 to May 13, 2022, amounted to 0.05%, from the beginning of May – 0.15%, from the beginning of the year – 11.84%. This was reported by Rosstat. During the period from May 7 to May 13, prices increased: milk powder mixes for baby food and cookies – by 0.9%, rennet cheeses, rice, table salt – by 0.8%, cottage cheese, sunflower oil, canned vegetables and fruit and berry for baby food - by 0.5%, semi–smoked and boiled sausagessmoked, wheat flour, vermicelli – by 0.4%, beef, pasteurized milk, sour cream, buckwheat, pasta, black tea and chocolate candies – by 0.3%, sausages, sausages, canned meat. Read more...

Worst of economic shock over for Russia – official

  • 19 May 09:59

Worst of economic shock over for Russia – official The Russian economy has overcome the first shock from the sanctions imposed by the West, according to Finance Minister Anton Siluanov. It won’t be easy to get over the restrictions, but prudent financial and budgetary policy will allow the country to withstand them and maintain financial sovereignty, he said on Wednesday. The economy cannot ignore the sanctions regime,“but it will not be as tough as it would be if the government had not taken appropriate support measures,”Siluanov said, adding:“The first shock, we believe, has passed. Although all these sanctions packages are still being prepared.” The minister also said that for the. Read more...

Russia's wheat exports expected to rise in 2022/23

  • 19 May 09:14

Russia's wheat exports expected to rise in 2022/23 Russia, one of the world's largest wheat exporters, will export more of the grain in the new July-June marketing season due to a large harvest and stockpile,reported Reuters, citing IKAR consultancy on Wednesday, raising its estimate for the wheat crop. Russia, which competes mainly with the European Union and Ukraine for wheat supplies to the Middle East and Africa, has been limiting its grain exports with taxes and an export quota since 2021 amid efforts to slow domestic food inflation. Russia has the potential to export 39 million tonnes of wheat in the 2022/23 marketing season, which starts on 1 July, Dmitry Rylko, the head of IKAR, told a conference. Read more...

The Ministry of Industry and Trade is preparing proposals for import substitution in the food industry

  • 18 May 09:45

The Ministry of Industry and Trade is preparing proposals for import substitution in the food industry The Ministry of Industry and Trade of Russia held a preparatory event to organize a meeting on topical issues of production of machinery and equipment for the food and processing industry with the Minister of Industry and Trade of the Russian Federation Denis Manturov. The event was chaired by Deputy Minister Alexander Morozov. The preparatory meeting was attended by the leaders of the leading industry associations of the food sector: dairy, meat, fish, bakery, oil and fat industries. During the preparatory event, VARPE President German Zverev informed about the work being carried out by the All-Russian Association of Fishermen together with the Ministry of Industry and. Read more...

Russia moves to withdraw from WTO

  • 18 May 09:41

Russia moves to withdraw from WTO Proposals for ending membership in the international organizations have been sent to the parliament Russia’s lower house of parliament, the State Duma, is planning to discuss the potential withdrawal of the country from the World Trade Organization (WTO) and the World Health Organization (WHO), according to Pyotr Tolstoy, the vice speaker of the parliament. “The Ministry of Foreign Affairs sent a list of such agreements to the State Duma, and together with the Federation Council [upper house of parliament] we are planning to evaluate them and then propose to withdraw from them,”Tolstoy said on Tuesday. The vice speaker said that Russia had. Read more...

A new poultry house will be launched at the Pionerskoye poultry farm at the end of May

  • 18 May 09:40

A new poultry house will be launched at the Pionerskoye poultry farm at the end of May A new poultry house will be launched at the Pionerskoye poultry farm at the end of May. Now commissioning works are being completed here. It is planned that with its opening, egg production in the region will grow by 5 million pieces per year – up to 60 million. This was reported by the Ministry of Agriculture of Russia. Pionerskoye is a large poultry farm in Kamchatka. Currently, the poultry farm covers the peninsula's demand for chicken eggs by more than 70%. The introduction of new capacities will increase the share of local products on the shelves. In the future, the company plans to increase the production of not only eggs,. Read more...

Finland's Atria sells fast food business in Russia to Cherkizovo

  • 17 May 10:48

Finland's Atria sells fast food business in Russia to Cherkizovo Finland's Atria said on Monday it had sold its fast food business in Russia, Sibylla Rus, to Russian meat producer Cherkizovo for about 8 million euros ($8.34 million), reported Reuters. Atria said the Russian business accounted for about 2% of the group's total net sales and had been profitable.The Finnish company said it would record a capital gain of about 2 million euros from the divestment and a translation loss of about 10 million euros. The translation loss is recognised in earnings before interest and taxes (EBIT), but it has no effect on the group's equity or cash flow, Atria said.It had said in March it would exit its fast food business in. Read more...

Rosselkhoznadzor banned the import of poultry products from some regions of the USA and Canada

  • 17 May 10:47

Rosselkhoznadzor banned the import of poultry products from some regions of the USA and Canada From May 16, 2022, Rosselkhoznadzor introduced restrictions on the supply of poultry products to Russia from regions of the United States and Canada that are unfavorable for bird flu. This is stated in the message of the department. Rosselkhoznadzor introduces temporary restrictions on the supply of live poultry and poultry products from the US state of Utah and the Canadian provinces of New Brunswick and Manitoba from May 16, 2022. The Rosselkhoznadzor explained that the ban includes the supply of live poultry, hatching eggs, poultry meat, finished poultry meat products (with the exception of goods subjected to processing that ensures the destruction of avian. Read more...

Global wheat prices hit record high

  • 17 May 10:46

Global wheat prices hit record high India’s ban on exports has raised fears of a major food crisis Wheat prices surged to a new record high on Monday after India decided to prohibit exports of the commodity as a heatwave hit production. The price climbed to €435 ($453) per ton as the European market opened. Soft red winter wheat for July delivery rose 4.2%. New Delhi said this weekend it was curbing exports as the country, the world’s second-largest wheat producer, saw its hottest March on record. The authorities have expressed worries about the food security of the nation’s own 1.4 billion people amid lower production and sharply higher global prices. Export deals. Read more...