World meat industry news

Investment activity in the agricultural sector has decreased this year

  • 25 Dec 09:28

Investment activity in the agricultural sector has decreased this year According to Capt, 2022 was not only the most productive year in recent memory, but also one of the richest in terms of the number of transactions and their volume. In 2023, their number decreased, Pavel Lapshin, director of the department of investments and capital markets at Capt, said during the Agroinvestor conference “Agroholdings of Russia”. Over the 11 months of this year, 41 transactions worth RUB 102 billion were concluded in agriculture. versus RUB 180 billion. in 2022. “But we, as consultants, understand that only the number of transactions has decreased, while investment activity in the agricultural sector as a whole has remained at a high level.. Read more...

Russia increased supplies of agricultural products to India to $1 billion

  • 25 Dec 09:27

Russia increased supplies of agricultural products to India to $1 billion In January-November 2023, Russia exported almost $1 billion worth of agricultural products to India, which is 1.5 times more than in the same period last year, according to a review by the Agroexport federal center under the Ministry of Agriculture. Over the past year, supplies there increased 2.4 times and amounted to $768 million. In physical terms, over 11 months, more than 1.1 million tons of food were sent to India, which is 2.5 times more than in January-November 2022. The main export product is sunflower oil: 852 thousand tons (2.5 times more) worth $793 million were shipped. Russia has become the largest supplier of these products to India. At the beginning. Read more...

Manufacturers warned of rising food prices at the beginning of 2024

  • 22 Dec 10:55

Manufacturers warned of rising food prices at the beginning of 2024 Manufacturers and distributors informed sellers about an increase in selling prices for a variety of goods from the beginning of next year - from dairy products, coffee, juices, rice to confectionery, Kommersant writes with reference to the relevant letters. Companies explain this by rising exchange rates, which affects the cost of raw materials from other countries, as well as by an increase in prices for domestic transport services by more than a third. The Ministry of Agriculture told the publication that “the situation is under special control,” adding that price fluctuations for individual products that are not produced in the country depend. Read more...

What did Russians buy most often in 2023?

  • 22 Dec 10:53

What did Russians buy most often in 2023? The study included products that most often cause controversy. For comparison, “eternal competitors” were chosen: fruits and vegetables, coffee and tea, poultry and meat, ketchup and mayonnaise. It turned out that in 2022 and 2023, consumer preferences did not change. Thus, in the “Vegetables” category, the winner was tomatoes, which are purchased almost 1.5 times more often than cucumbers. And in the “Fruits” category, bananas became the leaders among Russians, surpassing apples by almost a quarter. Among baked goods, buyers are twice as likely to choose white rather than black bread, and between coffee and tea, the choice falls. Read more...

Egg Price Surge Sparks Regulatory Measures in Russia, Opening Doors for Turkish Suppliers

  • 22 Dec 10:37

Egg Price Surge Sparks Regulatory Measures in Russia, Opening Doors for Turkish Suppliers The surge in egg prices in Russia, with a notable 4.4% week-on-week (WoW) increase, has prompted certain markets to offer eggs in bulk. This escalation is attributed to a decline in chicken volumedue to bird flu, rising costs of feed and veterinary medicines, and increased publicdemand for eggsfollowing an increase in meat prices. In specific regions, egg prices soared to USD 0.11, reaching up to USD 0.22 in Crimea. Facing an imbalance between rising demand and market supply, Russia has decided to allow Turkish egg producers into the market. The Russian Agricultural Products Inspection Agency (Rosselkhoznadzor) granted export permissions to 17 Turkish companies,. Read more...

Poultry meat production in 2023 may remain at last year's level

  • 21 Dec 09:58

Poultry meat production in 2023 may remain at last year's level The Ministry of Agriculture forecasts that poultry meat production this year will remain at last year’s level, a source familiar with the ministry’s letter to the government told Interfax. It was prepared as part of the implementation of President Vladimir Putin’s instructions following a meeting with members of the Cabinet on October 25. In 2022, the production of chickens for slaughter in live weight on all farms amounted to just over 7 million tons, which is 292.2 thousand tons (4.3%) more than in 2021, the document recalls. In agricultural organizations, production increased by 307.8 thousand tons (4.9%) and reached 6.5 million tons. According to. Read more...

Russian sheep farming has great potential for further growth

  • 21 Dec 09:58

Russian sheep farming has great potential for further growth The first meeting of the interdepartmental working group on the development of wool production and processing was held at the Russian Ministry of Agriculture on December 19. The event, which was held by Deputy Minister of Agriculture Andrei Razin, was attended by representatives of the Ministry of Industry and Trade, the Ministry of Economic Development, the Ministry of Education, the Ministry of Finance, the Federal Customs Service, heads of regional agricultural management bodies, specialized unions and organizations. Andrey Razin noted that the sheep breeding industry has great potential for further development. Since 2000, the number of sheep has increased by. Read more...

Representation abroad - an element of strategy or a necessity?

  • 21 Dec 09:56

Representation abroad - an element of strategy or a necessity? Companies exporting agricultural products, aimed at a long-term presence in foreign markets, strive to increase the efficiency of work in priority areas and ensure closer connections with partners and consumers. The tasks of increasing export volumes and opening new sales channels require additional efforts from suppliers in organizing export supplies and promoting their products. Consolidating in target markets and ensuring a long-term presence abroad was one of the topics discussed at the V Annual Strategic Session “Russian Agroexport 2023–2024: Trends, Challenges and New Opportunities”, organized by the Federal Center “Agroexport” on December. Read more...

The risk for livestock farming in 2024 could be the spread of exotic diseases

  • 20 Dec 11:12

The risk for livestock farming in 2024 could be the spread of exotic diseases At the moment, Russia maintains a safe status for foot-and-mouth disease, but this may change in 2024. Experts fear that foot-and-mouth disease and other exotic diseases could be brought to Russia via supplies of genetic material, as well as blood-sucking insects from other regions. Candidate of Veterinary Sciences Ilya Chvala, Deputy Director for Research at the Federal Center for Animal Health Protection (FSBI “ARRIAH” of Rosselkhoznadzor) in an interview with “Veterinary Medicine and Life” commented on the prospects for biosafety and the epizootic situation in 2024. Russia has learned to combat the spread of diseases and minimize damage from. Read more...

About food prices in the fourth quarter of 2023

  • 20 Dec 11:11

About food prices in the fourth quarter of 2023 The general price vector of wholesale and retail food prices in the third and fourth quarters of 2023 is directed towards growth. Let's take a brief look at some of the key trends in the wholesale and retail segments. Wholesale food prices Corn. In the third and fourth quarters of 2023, almost all major types of grain generally increased slightly in price. This is mainly due to the devaluation of the ruble and the high degree of export orientation of these goods. The prices for peas increased the most. A record harvest was obtained, but by December 1, 35.8% of this harvest was shipped for export. At the same time, corn prices weakened somewhat in the fourth. Read more...