World meat industry news

Ukraine bans some ag exports to ensure food security

  • 10 Mar 12:30

Ukraine bans some ag exports to ensure food security Corn, oats, cattle products among those that will no longer be exported.Ukraine has banned the export of several agricultural products in an effort to ensure food security. Among the products that the government said will no longer be exported are corn, oats, buckwheat, millet, sugar, salt, live cattle and frozen meat, and bovine meat products.The Associated Press (AP) reportedthat exports of wheat were also banned. According to theMinistry of Agrarian Policy and Food of Ukraine, the country exported 23.1 million tons of corn and 16.6 million tons of wheat in the 2021-22 marketing year. Together, Ukraine and Russia export approximately 29% of the world’s. Read more...

Countries to benefit from a simplified import procedure for livestock products introduced by Rosselkhoznadzor

  • 10 Mar 12:30

Countries to benefit from a simplified import procedure for livestock products introduced by Rosselkhoznadzor Rosselkhoznadzor (FSVPS) announced that 16 exporter countries are subject to a simplified procedure for importing livestock products into the Russian Federation by means of digital document management. In particular, the four states that have already established digital interaction with Russia in terms of veterinary surveillance, will be able to exchange e-veterinary certificates for the following products: New Zealand – all types of regulated goods; The Netherlands – feed and feed additives, hatching eggs, live animals, boar semen and products that require veterinary certificate Form No. 18 (honey bees, bumblebees, cocoons of leafcutter. Read more...

No Fast Food, No Cola - Russians are going to be the healthiest nation worldwide

  • 10 Mar 12:30

No Fast Food, No Cola - Russians are going to be the healthiest nation worldwide Add PepsiCo Inc., Coca-Cola Co., McDonald’s Corp., Starbucks Corp., Yum! Brands Inc. and Papa John’s International Inc. to the growing list of companies suspending some operations in Russia. Ramon Laguarta, chief executive officer of PepsiCo Inc., Purchase, NY, said in an email to employees on March 8 that the company would suspend the sale of beverages like Pepsi Cola, 7UP and Mirinda as well as capital investments and all advertising in Russia. “As a food and beverage company, now more than ever we must stay true to the humanitarian aspect of our business,” Laguarta wrote. “That means we have a responsibility to continue to offer our. Read more...

Brazil poised to replace Ukrainian, Russian meat suppliers

  • 9 Mar 10:34

Brazil poised to replace Ukrainian, Russian meat suppliers Soaring grain prices in the wake of the conflict around Ukraine are hurting Brazilian meatpackers, but trade disruptions facing Ukrainian and Russian meat producers may be an opportunity to boost Brazil's share in global trade, industry sources said. Russia and Ukraine together account for about 29% of global wheat exports and 19% of corn exports, both of which can be used as livestock feed,reported Reuters. Depending on how the situation plays out, the conflict may also lead to Brazil accessing markets served by competitors. According to the sources, one potential development is Europe scrapping a ban on several Brazilian meatpackers imposed in 2018 after. Read more...

The Chamber of Commerce Presented its Proposals to Support Doing Business in Africa

  • 9 Mar 10:31

The Chamber of Commerce Presented its Proposals to Support Doing Business in Africa On March 4, Vice-President of the Chamber of Commerce and Industry of the Russian Federation Vladimir Padalko took part in a meeting organized by the Ministry of Economic Development on financial and non-financial support for Russian organizations and companies to enter African markets. The Vice President of the Chamber outlined the main measures of such support, which, in the opinion of the Chamber of Commerce and Industry of the Russian Federation, will allow Russian participants in foreign economic activity to adapt to the new working conditions in foreign markets, despite the sanctions of Western countries. During the meeting, its participants emphasized the. Read more...

Repayment holidays offered to Russian Farmers

  • 9 Mar 10:29

Repayment holidays offered to Russian Farmers As reported on the website of the Cabinet of Ministers, Mikhail Mishustin, the Prime-Minister of Russia, have signed a resolution on repayment holidays and soft loan terms extensions for farmers. The Russian Farmers were given the opportunity of semi-annual payment extension of their soft loans expiring in 2022. It is specified, that this only refers to payments falling due from March 1, 2022 to May 31, 2022. “If the repayment holiday is approved by the bank, a six-month extension can be granted,” claims the government. The short-term soft loans, that come due in 2022, can also be extended by a period of one year. It is noted that Russian farmers. Read more...

Turkey may use ruble for Russia trade

  • 9 Mar 10:28

Turkey may use ruble for Russia trade Turkey could use ruble to carry out trade with Russia, Turkish TV channel A Haber reported on Monday, quoting President Recep Tayyip Erdogan. Ankara and Moscow can use the“dollar, euro, ruble, gold and yuan in trade,”Erdogan said in an hour-long telephone conversation with his Russian counterpart Vladimir Putin, according to the TV channel. Putin and Erdogan discussed the situation in Ukraine and the economic fallout of the sweeping sanctions imposed on Russia by the EU, the US and a number of other nations. Erdogan reiterated the importance of maintaining contact with Moscow. Putin, in turn, said he would instruct the 30 ships carrying sunflower oil and. Read more...

India And Pakistan Look To Enhance Russia Trade Despite The West’s Sanctions

  • 9 Mar 10:27

India And Pakistan Look To Enhance Russia Trade Despite The West’s Sanctions Ignoring what in Asia is generally seen as a US / European conflict, both India and Pakistan are finding ways to develop bilateral trade with Russia. Both are keen to continue Free Trade negotiations with the Eurasian Economic Union, which includes Russia as well as Armenia, Belarus, Kazakhstan, and Kyrgyzstan. India is actively looking at non-US dollar payments for continuing and developing Russian trade, including mechanisms it uses to trade and settle payments with Iran. Third country banks are used for this purpose. Another option under consideration is the mechanism used to repay Russian debt through a rupee auction held by the Russian central bank. The repayment is. Read more...

Russia Publishes List of ‘Unfriendly Countries’ – Has Foreign Remittance Implications

  • 9 Mar 10:23

Russia Publishes List of ‘Unfriendly Countries’ – Has Foreign Remittance Implications The Russian Government has approved on Monday a list of foreign states and territories that are deemed to have committed unfriendly actions against Russia, its companies, and citizens. The list includes the United States and Canada, all of the European Union states, the United Kingdom, (including Jersey, Anguilla, the British Virgin Islands, Gibraltar), Ukraine, Montenegro, Switzerland, Albania, Andorra, Iceland, Liechtenstein, Monaco, Norway, San Marino, and North Macedonia. In Asia, the list includes Japan, South Korea, Australia, Micronesia, New Zealand, Singapore, and Taiwan (considered a territory of China, but ruled by its own administration since 1949). There. Read more...

Putin Signs Russian Anti-Crisis Domestic Economic Package

  • 9 Mar 10:21

Putin Signs Russian Anti-Crisis Domestic Economic Package Support for businesses, the retired, students, pharmaceuticals and asset valuations Russian President Vladimir Putin has signed a bill providing numerous economic and social support measures amid international sanctions into law. The law allows the government to raise non-contributory pensions, pension points and the fixed pension payment during 2022, and specifies the procedure for establishing the subsistence minimum and the minimal wage in Russia. It also liberalizes the procurement of drugs and medical goods in the domestic market, introduces special rules for drug registration, allows the government to adjust terms of pharmaceutical licensing, and envisages. Read more...