World meat industry news

Russia set to reap largest-ever wheat harvest

  • 13 May 08:55

Russia set to reap largest-ever wheat harvest This year’s production is set to total 87 million tons, according to President Putin Russia is expecting a bumper crop this year, including a record wheat harvest, Russian President Vladimir Putin said on Thursday, citing preliminary data. “A good harvest is expected this year. According to experts – of course, these are preliminary estimates – grain harvest can reach 130 million tons, including 87 million tons of wheat,”Putin said, noting that“this can become a record [wheat harvest] in the entire history of Russia.” According to the Russian president, such a result“will allow not only to meet domestic needs with. Read more...

Vladimir Putin held a meeting on economic issues

  • 13 May 08:52

Vladimir Putin held a meeting on economic issues Russian President Vladimir Putin held a meeting on economic issues. This was announced by the Kremlin. "The most important indicator of the success of socio-economic policy is the income of Russian citizens. In order to ensure positive dynamics here, it is necessary to support consumer demand, increase business opportunities and regions of the country," the President stressed. As follows from the opening speech of the head of state, Russian manufacturing companies are gradually occupying the niches vacated after the departure of unscrupulous partners in the domestic market. In addition, a record harvest is expected this year – 130 million tons of. Read more...

How Russia can feed the world

  • 12 May 10:47

How Russia can feed the world According to scientists, in 2022-2023 the world will face a global food crisis. But it will not affect Russia - we provide ourselves with almost all the necessary food. And even if the whole world stops supplying food to Russia due to its shortage, we will not have hunger, although many products will have to be abandoned, experts interviewed by the Prime agency are sure. Beans, fish and sugar In addition to grain - and Russia is the world leader in its export - our country exports many other products. So, in the segment of cereals, we can provide the world with buckwheat, pearl barley and spelt. But these cereals remain practically unclaimed at the world level,. Read more...

Trade turnover between Russia, Morocco up 50% in early 2022, says trade envoy

  • 12 May 10:43

Trade turnover between Russia, Morocco up 50% in early 2022, says trade envoy According to the diplomat, the Kingdom of Morocco remains the third-largest trade partner of the Russian Federation among the countries of the African continent after Egypt and Algeria RABAT, May 11. /TASS/. Trade turnover between Russia and Morocco soared by almost 50% in January-February 2022, Russia’s Trade Representative to Morocco Artyom Tsingamzgvrishvili told TASS on Wednesday. "The Kingdom of Morocco remains the third-largest trade partner of the Russian Federation among the countries of the African continent after Egypt and Algeria. Exports from Russia to Morocco continue demonstrating positive dynamics, with growth by 53% posted for January-February,. Read more...

Inflation for the week from April 30 to May 6 was 0.12%

  • 12 May 10:42

Inflation for the week from April 30 to May 6 was 0.12% Inflation for the week from April 30 to May 6, 2022, was 0.12%, from the beginning of May – 0.1%, from the beginning of the year – 11.78%. This was reported by Rosstat. During the period from April 30 to May 6, prices increased: milk powder mixtures for baby food – by 1.1%, canned vegetables for baby food – by 0.9%, sour cream, black tea – by 0.8%. Prices for margarine on average in Russia increased by 2.2%. Prices for table salt increased by 1.3% on average in the country. Prices for chicken eggs on average in the country decreased by 3.5%. Granulated sugar on average in Russia fell by 1%. Fruit and vegetable products fell by 0.2%. Read more...

Miratorg announce increased poultry production for 2022

  • 12 May 10:29

Miratorg announce increased poultry production for 2022 The Russian Holding aims to reach a production of 178,000 tonnes, 20.3% higher than in 2021. ABH Miratorg aims to reach a total poultry production of 178,000 tonnes in 2022, which is 20.3% higher than in 2021. One hundred percent availability of hatching eggs allows the company not to adjust the production program. Miratorg performed systematic transition to full self-sufficiency in hatching eggs and full parent stock of poultry which allowed to eliminate the dependence of the poultry division on imported genetic material, to reduce biological risks, and increase egg quality indicators. The company invested 339.8 million rubles in a high-tech incubator expansion. Read more...

Russian beef exports doubled

  • 11 May 12:14

Russian beef exports doubled According to the Federal Center for the Development of Export of Agricultural Products (FGBI “Agroexport”) of the Russian Ministry of Agriculture, the Russian beef exports have doubled as compared to the same period of the previous year and in terms of value are worth $29 million. China is the largest importer of Russian beef ($18 million), followed by Uzbekistan ($3.5 million), Saudi Arabia ($3.3 million), Morocco ($1.6 million), and Kazakhstan ($0.7 million). According to the data provided by the Argus system of Rosselkhoznadzor, for the period from January 1 to April 15, the total volume of beef exports reached 9.3 thousand tons, which is higher. Read more...

Rusagro's net profit for the first quarter decreased by 66%

  • 11 May 12:13

Rusagro's net profit for the first quarter decreased by 66% The net profit of ROS AGRO PLC for the first quarter of 2022 decreased by 66% to 2.24 billion rubles ($26 million) compared to a year earlier. Revenue increased by 23% to 61.5 billion rubles ($715 million), adjusted EBITDA increased by 51% to 16.89 billion rubles ($196 million). This was announced by the company. Rusagro Group of Companies is one of the largest vertically integrated agricultural holdings in Russia. The Group is involved in sugar production, fat and oil business, pig breeding and crop production. The net profit of ROS AGRO PLC for 2021 under IFRS increased by 71% to 41.4 billion rubles ($563 million) compared to a year earlier. Revenue increased by 40%. Read more...

EU nation sees highest inflation in decades

  • 11 May 12:13

EU nation sees highest inflation in decades Consumer prices in Denmark have jumped to the highest level in 38 years, official figures from Statistics Denmark showed on Tuesday. According to the agency, the Danish consumer price index (CPI) jumped from 5.4% in March to 6.7% in April. Prices have soared amid the rise in global energy costs against the backdrop of the Russia-Ukraine conflict. The specific key inflation drivers in Denmark were electricity, natural gas, food and tobacco, the agency says. Prices of goods have risen by 10.3% over the past year, a rate not recorded since November 1982, data shows. The so-called core inflation rate, which excludes energy and unprocessed foodstuffs, in Denmark rose. Read more...

Rosselkhozbank predicts a significant increase in the share of lamb in the meat market

  • 6 May 09:53

Rosselkhozbank predicts a significant increase in the share of lamb in the meat market Rosselkhozbank experts studied the sheep breeding market and identified the main trends in its development dynamics. The volume of production of small ruminants in 2021 amounted to 213 thousand tons in carcass weight. This is mainly mutton, the production of goat meat is insignificant. Mutton consumption is roughly equal to production. About 77 kg of meat per capita is consumed annually in the country. Of these, 31 kg are for chicken, 28 for pork, 13 for beef, 3 for turkey. About 0.5 kg more is accounted for by other types of meat (for example, duck, rabbits). Lamb is consumed about 1.5 kilograms (2% of the meat market). Due to the peculiarities of fattening in this. Read more...