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CATTLE & BEEF
•In the eighth week of 2022, the Russian beef market, after a slight increase in prices, shows multidirectional dynamics. No fundamental changes have taken place. Prices for cattle in live weight decreased by 0.29%, while prices for beef sides continued to grow, adding 0.13%.The retail market also continued to grow, adding 0.34%.
• The influence of the approaching celebration of International Women's Day, the aggravation of the situation between Russia and Ukraine and the introduction of a new package of sanctions, which entail inflationary expectations, are affecting.
•Demand for beef from the end.
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Tajikistan boosted poultry production by 30% in 2021, reducing dependence on imported broiler meat and eggs, the Tajik Agricultural Ministry said.During a press conference in Dushanbe on 31 January, deputy Agricultural Minister, Nigina Anvari, said that Tajikistan produced 44,100 tonnes of poultry meat in 2021, compared to 30,600 in the previous year.
Poultry production is a key segment of agriculture in Tajikistan and is playing a crucial role in improving protein content among the population, she said.
Poverty takes a toll
Tajikistan is a small country in central Asia bordering Afghanistan on the south and China on the east. It remains the poorest.
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McDonald's, Papa John's, KFC, Pizza Hut, Burger King and Starbucks are all well-known US fast-food operators but their financial performances are expected to take a dive due to their exposure in the Russian market. The two largest players are McDonald's and Yum! Brands' KFC — with a total of roughly 1,900 locations. It's unclear if Russia will move to shutter these US-born fast-food spots as the West deploys sanctions. Last week, McDonald's has declined 8% of its value in the Dow Jones Industrial Index. But it is not the only company that looks for heavy winds ahead.
"The conflict between Russia and Ukraine could adversely impact.
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MHP, one of the largest poultry producers in Ukraine and in Europe has been hardly impacted by the current unstable situation. The company that delivers more than 400,000 tonnes of poultry and poultry products into the Ukrainian market reported significant disruption in the supply chain and confirmed that is seeking alternative routes to supply food for the Ukrainian people.
MHP covers almost half of the poultry consumption in the Ukrainian market and affirmed that is ready to relocate its production sites, if needed, to continue production and deliveries in the domestic market. It said ensuring the safety of its workers is its first priority with.
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Western economic sanctions to punish Russia for its military operation in Ukraine heap a new set of unknowables on a global economy already distorted by the coronavirus pandemic and a decade of ultra-cheap money,reported Reuters.
The bid to exclude from the trading system whole chunks of the world's 11th largest economy -- and supplier of one-sixth of all commodities -- has no precedent in the globalised age.
Sanctions unveiled so far will hit Russian banks' business in dollars, euros, pounds and yen. US export curbs will restrict Russian access to electronics and computers while European capitals are fine-tuning similar export controls and measures to target.
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Belgrade refused to join Western anti-Russian countries, said Serbian President Aleksandar Vucic, RIA Novosti reports. Vucic reminded that Serbia itself was under Western sanctions. Until now, the restrictions apply to the Republika Srpska of Bosnia and Herzegovina, he recalled.
Serbia believes that sanctions against any state or its representatives does not correspond to the political and economic interests of the country.
At the same time, the country's authorities support the principle of the territorial integrity of all states, including Ukraine, Vucic said.
The Serbian President added that Moscow not only refused to support sanctions against Serbia,.
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Will the expected sanctions on Russia impact global meat trade and demand? Steiner Consulting Group posed this question in the Feb. 24Daily Livestock Report.“A while back, Russia was a major buyer of proteins in the world market. We still remember when prices for chicken leg quarters in the U.S., or the price of beef in Brazil, would be greatly affected by events in Russia. That is no longer the case,” Steiner Consulting Group wrote.
In the last decade, Russia has become self-sufficient in providing its own meat protein. According to USDA’s Foreign Agricultural Service data, as recently as 2010, Russia relied on pork imports for about a third of.
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President of the Russian Chamber of Commerce and IndustrySergey Katyrinreceived on February 24 a government delegation headed by Deputy Chairman of the Supreme Council of the Republic of Sudan Lieutenant-GeneralMohammed Hamdan Daglo, ministers and other members of the delegation.
In his welcoming speech,Sergei Katyrinnoted that Russian-Sudanese cooperation has many areas for establishing business ties that have to be restored after a break. The Chamber of Commerce and Industry of Russia fully supports the course of the leadership of the Russian Federation towards rapprochement with Sudan and Africa as a whole,Sergey Katyrinsaid.
According to him, Sudan is an.
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Pakistan’s Prime Minister Iman Khan continued with his planned trip to Moscow to discuss trade and bilateral relations between Pakistan and Russia with Russin President Putin. Khan’s trip went ahead despite the Russian invasion into Ukraine and finished Thursday (February 24).
Khan’s visit was to discuss the building of a gas pipeline between Russia and Pakistan in addition to other development projects. He was the first Pakistani Prime Minister to visit Moscow since 1999.Khan has been pushing for the construction of a long-delayed, multi-billion-dollar gas pipeline to be built in collaboration with Russian companies, in addition to security.
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Food prices are expected to increase in both Ukraine and Russia, as current instable situation is reshaping the course of industries.
The Russian military operationin Ukraine is expected to trigger a spike in commodity prices around the world. Markets have been on edge for weeks and a conflict – or sanctions – could drive energy and food prices even higher, and push Europe into a major supply crisis.
“Rising geopolitical tensions are further amplifying the case for commodities, given Russia’s far-reaching impact on global commodity markets,” JPMorgan Chase said this week in a report.
A major casualty could be even higher food.
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