World meat industry news

The size of the preferential revolving loan has been increased to 7 billion rubles for the backbone enterprises of the agricultural sector

  • 29 Apr 11:30

The size of the preferential revolving loan has been increased to 7 billion rubles for the backbone enterprises of the agricultural sector The size of the preferential revolving loan has been increased to 7 billion rubles for the backbone enterprises of the agricultural sector. The size of the preferential loan that systemically important agricultural enterprises can receive will be increased from 5 to 7 billion rubles. This was reported by the Government of the Russian Federation. Additional funds will help farmers to compensate for the costs incurred due to logistical difficulties and the increase in the cost of products from related sectors used for food production. Earlier, the Government allocated 26 billion. Read more...

Ministry of Agriculture: Leningrad region increases food production

  • 29 Apr 11:28

Ministry of Agriculture: Leningrad region increases food production Leningrad region increases the production of food products. For the second year in a row, the region has been increasing the production of food products, including vegetable oils, semi-finished meat products, cheeses. This was announced by the Ministry of Agriculture of Russia following the meeting of Dmitry Patrushev and the governor of the region Alexander Drozdenko. Last year, the agricultural production index in the Leningrad region was 100.7%. This is above the national average. A few days ago, the sowing campaign started in the region. Farmers are provided with everything they need, including fertilizers. The volume of federal financing of land reclamation. Read more...

EAEU countries to exchange information on breeding animals via electronic data interchange

  • 29 Apr 11:27

EAEU countries to exchange information on breeding animals via electronic data interchange The countries of the Eurasian Economic Union (EAEU), which includes Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan, will switch to communicating data on livestock breeding via electronic data interchange. The rules were adopted by the Board of Eurasian Economic Commission (BEEC) on April 26, 2022. The document adopted by the BEEC is entitled “On approval of the general rules for “Development, maintenance and application of a collective data on breeding animals and selection achievements in livestock breeding”. The new rules provide for the creation and maintenance of two electronic databases. The first one containing information. Read more...

By 2024, exports of agricultural products may grow by almost 19%

  • 28 Apr 10:36

By 2024, exports of agricultural products may grow by almost 19% According to the forecast of the Agroexport center subordinate to the Ministry of Agriculture, by 2024, the growth in exports of agricultural products from Russia will be 18.8%. In monetary terms, deliveries may increase by $6.98 billion compared to the level of 2021, when the volume of exports amounted to $37.1 billion. This should be facilitated by the implementation of 395 industry-specific export projects, the investment in which is estimated at 1.2 trillion rubles. The main investments - about 73% of this amount - fall on four industries: food - 21.1% (255 billion rubles), deep processing of grain - 19.8% (240 billion rubles), meat - 16% (194 billion rubles) and oil. Read more...

Ministry of Agriculture of the Russian Federation: poultry production increased by 9% in January-March

  • 28 Apr 10:35

Ministry of Agriculture of the Russian Federation: poultry production increased by 9% in January-March The departmental publication of the Rosselkhoznadzor Veterinary and Life, citing data from the federal Ministry of Agriculture, reports that the production of broilers in live weight increased by 9% in the first quarter of 2022, and analysts consider the growth trend to be stable. The main share of the increase in January-March (+9.5%) falls on agricultural organizations that produced 1.58 million tons of poultry meat. According to the ministry, at the moment Russia is fully self-sufficient in chicken meat, and this year a decision was made at the government level to strengthen the domestic breeding base for import substitution of genetic material. A plant project is. Read more...

Business mission of Russian Meat Exporters opens in Armenia

  • 28 Apr 10:34

Business mission of Russian Meat Exporters opens in Armenia On April 27, a business mission of Russian companies producing meat products to Armenia began in Yerevan, organized by the Federal Center "Agroexport" with the support of the Ministry of Agriculture of Russia and the Ministry of Economy of the Republic of Armenia. The events, which will last 2 days, are attended by 9 organizations from the Russian side - the largest manufacturers of meat products (Agricultural Holding Miratorg, Cherkizovo Group, GAP Resource, GC Rusagro, Agrocomplex named after N.I. Tkachev, GC "Agropromkomplektatsiya") and industry unions, with the Armenian - 25 companies and associations involved in the import, processing, distribution and. Read more...

4 more companies from Russia received the right to supply meat products to Saudi Arabia

  • 28 Apr 10:32

4 more companies from Russia received the right to supply meat products to Saudi Arabia The State Food and Drug Administration of the Kingdom of Saudi Arabia has expanded the list of companies approved by the Russian Federation for the export of meat and meat products. 4 Russian enterprises (beef, lamb) received the right to enter the Kingdom's market. Currently, 13 meat processing companies from the Russian Federation have the right to. Read more...

EU admits Russia sanctions don’t work

  • 28 Apr 10:30

EU admits Russia sanctions don’t work Polish Prime Minister Mateusz Morawiecki on Wednesday noted Russia’s success in resisting Western sanctions, expressing his regrets about the fact. “So far, we see that Russia, unfortunately, is coping well with the sanctions,”he told reporters, adding that in order to“correct”the situation, Warsaw would work on developing new penalties. Moscow has confirmed the failure of the plans by ‘unfriendly’ nations to“strangle Russia economically.” “Step by step, using all sorts of pretexts, sometimes just without any pretexts, they introduced new restrictions,”Russian President Vladimir Putin said on. Read more...

Russia's foreign trade turnover in January-February increased by 54.9%, Industrial production ifor the first quarter increased by 5.9%

  • 28 Apr 10:29

Russia's foreign trade turnover in January-February increased by 54.9%, Industrial production ifor the first quarter increased by 5.9% Russia's foreign trade turnover, according to the Bank of Russia, in January-February 2022 increased by 54.9% to $148.3 billion compared to a year earlier. This was reported by Rosstat. Including exports increased by 68.5% to $96 million, imports – by 35% to $52.3 billion. The trade balance remained positive, $43.7 billion. Industrial production in March 2022 increased by 3% compared to the same period in 2021. Compared to February 2022, the growth was 9.9%. In general, in the first quarter of 2022, industrial production increased by 5.9% compared to January-March 2021. This was reported by Rosstat. Three sectors of the economy out of four taken. Read more...

Russia Scrabbles to Restructure Food Imports / Exports as Sanctions Bite

  • 27 Apr 10:30

Russia Scrabbles to Restructure Food Imports / Exports as Sanctions Bite Opportunities seen as emerging in refined produce and packaging services for a range of Hong Kong-based suppliers and distributors. As the western‑imposed sanctions triggered by the ongoing conflict in Ukraine begin to bite, Russia’s agricultural sector and its related futures continue to provoke particular interest in many parts of the world. While the shall‑we‑shan’t‑we crude oil and natural gas supply issues preoccupy Europe and North America, Russia’s food export flows are more subject to the fluctuating agendas of many supposedly friendly nations. It’s not difficult to see why the country’s food exports have been. Read more...