World meat industry news

Positive Outlook for Global Meat Market

  • 31 Aug 12:00

Positive Outlook for Global Meat Market The outlook for the global meat market is largely positive, according to a joint Agricultural Outlook report from the OECD and FAO. Current market situation Meat prices reached record levels in 2014, driven mainly by an increasing beef price. At the same time, the Porcine Epidemic Diarrhoea virus (PEDv) in the United States and African swine fever in Europe, lowered pigmeat supply in 2014 pushing pigmeat prices upwards. Sheepmeat prices also increased in 2014 following several years of flock reduction in New Zealand, induced by the conversion of sheep farms to more profitable dairy operations and accentuated by drought conditions whilst substitutability among. Read more...

Russia, ASEAN hail growing trade ties

  • 31 Aug 11:57

Russia, ASEAN hail growing trade ties Russia’s Minister of Economic Development Alexei Ulyukayev met his counterparts from ASEAN member countries in Kuala Lumpur for the Fourth AEM-Russia Consultations. According to figures released after the meeting, Russia-ASEAN trade grew by 13 percent in 2014 to touch $22.5 billion. Russia and the Association of Southeast Asian Nations (ASEAN) hailed growing trade ties after official statistics showed a rise of 13 percent in trade between Russia and the grouping in 2014, despite challenging global economic conditions. Trade between Russia and ASEAN grew to $22.5 billion in 2014 from $19.9 billion, a year earlier. The figures were released after a meeting. Read more...

China's Poultry Consumption to Remain Flat in 2016

  • 26 Aug 13:09

China's Poultry Consumption to Remain Flat in 2016 China's poultry consumption is expected to remain similar in 2016 to 2015, according to a report from the US Department of Agriculture's Foreign Agricultural Service.The report forecasts China’s 2016 broiler meat consumption at 12.8 million tons, largely unchanged from the 2015 official estimate. China banned imports of all poultry and poultry products from the US in January 2015 due to the highly pathogenic avian influenza outbreaks, but imports from Brazil and other South American countries have benefited from the absence of US suppliers. The report forecasts 2016 broiler meat imports at 200 thousand tons, a decrease of 7 per cent compared to. Read more...

Malaysia is a long-term investment partner- Russian Economic Minister

  • 26 Aug 13:04

Malaysia is a long-term investment partner- Russian Economic Minister Russia considers Malaysia a long-term investment partner and sees clear benefits to increased cooperation, Russian Minister of Economic Development Alexei Ulyukayev was cited by Sputnik Newsassaying. "Malaysia is one ofRussia’s most promising trade partners amongASEAN countries," Ulyukayev was cited as saying aftertalks withMalaysian Minister ofInternational Trade and Industry Mustapa Mohamed. "We are closely monitoring the development ofa range ofjointly initiated projects ininnovative medicine, nuclear technology, information security and laser technology.” Bilateral trade between Russia and Malaysia grew by 22.8 percent in 2014,. Read more...

More Avian Flu Found in Russian Wild Birds

  • 24 Aug 12:20

More Avian Flu Found in Russian Wild Birds There have been three more outbreaks of highly pathogenic avian influenza in Russia. Four rooks, a mallard duck, a bird from the Anatidae family of ducks, geese and swans, and a bird from the crane familyGruidae died from the disease. The outbreak was of the H5N1 subtype, and occurred. Read more...

Russia Hog Market

  • 24 Aug 12:18

Russia Hog Market Current average live weight price remains strong at 116 Roubles/kg ($1.79/live kg) With corn currently at 10,540 Roubles/tonne ($213/metric tonne), profitability remains very high at between 3,479 Roubles per pig ($48.3) for the average producer and well over 5,000 Roubles ($78.2) for efficient producers killing pigs at heavier weights, writes Simon Grey, Genesus General Manager Russia, CIS and EU. Retail prices are 350 Roubles/kg ($5.40/kg) for the highest value cut which is neck and 280 Roubles/kg ($4.32/kg) for the lowest value cut, which is ham!! Internally total meat consumption is falling a little from its peak of 75kg per person in 2013. This is due to the. Read more...

Further African Swine Fever Cases Found in Russia

  • 21 Aug 13:23

Further African Swine Fever Cases Found in Russia There have been five more outbreaks of African Swine Fever in Russia, one of which has affected village pigs. One pig died in the outbreak in Ivankovo village in Ryazanskaya Oblast. Another three pigs were destroyed. There were also six cases in wild boar in several regions of western Russia. Three wild boar died and another four were destroyed to. Read more...

Agritechnica Is Coming to Germany in November 2015

  • 21 Aug 13:22

Agritechnica Is Coming to Germany in November 2015 Agritechnica 2015, which takes place from 10 to 14 November, is fast-approaching. Taking place in Hannover, Germany, this year’s show is aptly titled: ‘People, Technology, Innovation – the Future of Agricultural Technology.’ Marlene Conlong, Agritechnica Communications Manager, shares information about Agritechnica, the world’s largest trade fair for agricultural machinery and equipment. Agritechnica 2015 will not only focus on the newest technology but also on the management, services and smart farming methods that are becoming so crucial throughout the industry. “We’ve had a really positive response from exhibitors that. Read more...

Russia to prioritize the development of its Far East

  • 20 Aug 11:53

Russia to prioritize the development of its Far East Amid multi-billion dollar energy deals with China and worsening relations with Western countries, Russia is in the midst of attempting a massive reorientation of its foreign policy known as the “pivot to Asia.” Yet the domestic leg of this platform is posing Russian policymakers a tremendous challenge: the development of Russia’s vast Far East, a landmass that is almost as big as the continental United States, but has a population roughly equal to that of Denmark. Russian officials fret that if left undeveloped and unprotected, this enormous, region could be swallowed up by an influx of Chinese immigrants and capital. The Russian Far East, with. Read more...

Which countries have benefited from Russia's food embargo?

  • 19 Aug 14:56

Which countries have benefited from Russia's food embargo? Just over a year ago, Russia announced anembargoon Western food imports in retaliation for a series of U.S. and EU sanctions imposed on Moscow over its role in the Ukrainian conflict. Russia has not fully succeeded in substituting the imports of foodstuffs banned under the embargo with supplies from other countries, although back in the fall of 2014, the plan was to boost imports from South America and Asia. Yet, according to statistics, some countries have benefited from the Russian food embargo: Pakistan, Belarus, Serbia, and Chile "The rate of the decrease in the import of embargoed food is comparable with the rate of the decrease in overall imports. This. Read more...