World meat industry news

Russian agricultural export up 18% y/y

  • 11 Nov 10:51

Russian agricultural export up 18% y/y Since the start of 2021 and as of November 7, Russia exported agricultural products at the general sum of 27.871 bln USD, up by 18% compared to the same period of 2020, informed Agroexport Center at the Ministry of Agriculture of Russia. Particularly, Russia increased export of grain by 9% to 8.353 bln USD, fat&oil products by 45% to 5.576 bln USD, products of food and processing industry by 9% to 3.694 bln USD, meat and dairy products by 30% to 1.212 bln USD. The EU remained the leading importer of Russian agricultural products (13.1% in the overall structure). It increased import of Russian products by 36% to 3.652 bln USD. Supplies to Turkey (11.9%) increased by. Read more...

Economists about the idea of ​​zeroing duties on the import of meat

  • 10 Nov 12:28

Economists about the idea of ​​zeroing duties on the import of meat Russian producers are unlikely to be happy about the zeroing of import duties on meat, says economist Nikita Krichevsky.Earlier, the media reported that the Ministry of Agriculture proposed to zero import duties on frozen beef and pork as part of a quota to stabilize meat prices. According to the department, the measure will increase the supply in the domestic market and curb the rise in food prices. At the same time, Krichevsky drew attention to the fact that world prices for meat have already been declining for three months in a row. Domestic prices have also declined slightly over the past two weeks, he added. "Plus to this - forecasts for the coming. Read more...

FoodTech Plant-Based Meat Startup Launches Dumplings and Sausages

  • 10 Nov 12:25

FoodTech Plant-Based Meat Startup Launches Dumplings and Sausages A vegetable meat developer has launched the production of ecofar dumplings and sausages. Reported by Welldone. A Russian startup started selling dumplings and sausages made from vegetable mince. The first batch will be transferred to federal retail chains and food delivery services by November 20. For the development of each product, the startup approved a special mince. For example, two types of dumplings appeared, one used coriander, and the second used onion and garlic. For the first time inRussia, an edible vegetable casing based on alginates was used for sausages – this is a natural polysaccharide that can be obtained from sea brown, red and other. Read more...

They propose to fine a million rubles for falsifying products - Irina Rukavishnikova

  • 9 Nov 11:03

They propose to fine a million rubles for falsifying products - Irina Rukavishnikova For the first time, fines will appear in the Code of Administrative Offenses for refusing to destroy dangerous weeds, as well as for falsification of consumer goods. The draft of the new Administrative Code — the third in a row - was developed in the Ministry of Justice, taking into account the requests of the regions, which had previously been summarized on the site of the Federation Council. In addition, the document contains articles punishing noise at night, washing cars in the wrong place, parking on lawns and playgrounds. Irina Rukavishnikova, one of the initiators of the innovations, first deputy head of the Federation Council Committee on. Read more...

Russian-Chinese cooperation in the agricultural sector was discussed

  • 9 Nov 11:01

Russian-Chinese cooperation in the agricultural sector was discussed On October 28, Sergey Levin and Ma Youxiang, Deputy Ministers of Agriculture of Russia and China, held a meeting. The discussion focused on topical issues in agricultural cooperation development. In 2020, agricultural trade between Russia and China exceeded 5 billion dollars. Sergey Levin said that ensuring mutual access to food, including prompt response to urgent issues of exporters and investors, remains a priority area for cooperation. The two countries continue to work on expanding the range of goods supplied. In particular, Russian exporters are interested in opening up access to the Chinese market for meat products, live cattle, fodder, food-grade soybean. Read more...

Russia-China Bilateral Trade Up 30.9% Over 2020

  • 9 Nov 11:00

Russia-China Bilateral Trade Up 30.9% Over 2020 Russo-Chinese trade turnover from January to October 2021 grew by 30.9% year on year, reaching US$115.66 billion, China’s General Customs Administration reported on Sunday. That indicates a predicted 2021 total trade turnover of about US$140 billion for the year. Chinese exports to Russia increased 30.6%, to about US$52.9 billion in value during the first ten months of 2021, while Chinese imports of Russian goods and services to China grew by 31.2%, to US$62.76 billion. Last month, October, trade volume reached US$13 billion. These fundamentals are on an upward trend with bilateral trade now higher than it was prior to the Covid-19 pandemic, when 2019. Read more...

The Ministry of Agriculture of Russia intends to abolish the duty on meat imports

  • 8 Nov 10:56

The Ministry of Agriculture of Russia intends to abolish the duty on meat imports The Russian Ministry of Agriculture appealed to the government with a proposal to zero the import duty on frozen beef and pork into the country within the quota of 200 thousand tons for each species. Izvestia writes about this, referring to the letter of the ministry to the government apparatus dated November 1. Currently, for the import of foreign products, companies pay a 15% and 25% duty for beef and pork, respectively. As the newspaper writes, since the Eurasian Economic Union (EAEU) has changed the tariff preferences grid, since October, beef importers when entering Russia have lost the chance to receive a duty discount (at least 15%). Without it, products. Read more...

The Ministry of Agriculture offered a way to reduce the price of meat in Russia

  • 8 Nov 10:55

The Ministry of Agriculture offered a way to reduce the price of meat in Russia The Ministry of Agriculture (Ministry of Agriculture) appealed to the Russian government apparatus with a proposal to abolish the duty on the import of frozen beef and pork into the country. This is reported by “News“ with reference to the letter of the department. At present, companies pay a 15 and 25 percent duty for the import of foreign products, respectively. The document proposes to establish a quota of 200 thousand tons for each type of meat. The Ministry of Agriculture noted that the zeroing of duties on a given volume of products will help stabilize meat prices on the domestic market. The department recalled that since October of this year,. Read more...

Russia to set 6-month quotas for exports of nitrogen fertilizers

  • 8 Nov 10:53

Russia to set 6-month quotas for exports of nitrogen fertilizers Russia will limit exports of nitrogen fertilisers and complex nitrogen-containing fertilisers for six months to try to curb any further increase in food prices amid higher gas prices, Prime Minister Mikhail Mishustin said on Wednesday. Export quota of nitrogen fertilisers expected at 5.9 mln T The quota for complex NI-containing fertilisers - at 5.35 mln T Quotas are in line with Russian exports for the period - source The measure to stabilize supply ahead of spring grain sowing Reuters reportsthat Moscow has been trying to contain high food inflation at home with taxes on grain exports in 2021. The recent surge in global gas prices added to its concerns. Read more...

Rabobank: Global hog producers face multiple challenges

  • 8 Nov 10:52

Rabobank: Global hog producers face multiple challenges Hog producers in all major pork-producing regions around the world are facing headwinds includingsupply chain bottlenecks,high feed costsand tight grain stocks, and labor shortages, according toRabobank’s Pork Quarterlyfor the fourth quarter of 2021. “The most severe impact is being felt in markets that were slow to recover from the pandemic or have struggled with trade disruption or disease,” the report said. “The drop in expected returns has dimmed the prospects for global herd expansion in 2022, yet improved herd health and productivity gains are expected to offset a portion of the slower growth.” The outlook for pork demand is. Read more...