World meat industry news

Japan, India top Asian investors in Russia

  • 21 Jan 10:51

Japan, India top Asian investors in Russia Data released by the Eurasian Development Bank (EDB) revealed that China trailed behind rivals Japan and India when it comes to direct investment in Russia. As of the end of 2014, China was only the fourth biggest Asian investor in the Russian economy, having made cumulative direct investment of about $3.37 billion. Japan had invested $14.4 billion in Russia, while India had invested $3.6 billion. Turkey, which is considered an Asian country by EDB, invested about $5.7 billion. Accordingto a report titled‘EAEU and Eurasia: Monitoring and Analysis of Direct Investments,’ which was released in January 2016, the main recipient of Chinese direct. Read more...

Russia Hog Market Report

  • 20 Jan 12:06

Russia Hog Market Report The new year starts with a pig price of 96 Roubles per kg live ($1.28) meaning the majority of producers are making money, with some of the large integrators still making a lot of money, writes Simon Grey, Genesus. What does 2016 have in store for Russian pig producers. This will I think have a lot to do with the structure and ownership of each individual business. Fully integrated business that grow crops to feed pigs have a very low cash cost of production (even if on paper they lose money, if you put grain into pigs at cost of production then 96 Roubles sales price means you still have a business with very good cash flow)!! Russia has done its federal budget for 2016. Read more...

Davos experts warn Russia about threat of hyperinflation

  • 20 Jan 12:04

Being an energy superpower and possessing the second largest nuclear arsenal in the world, Russia will continue playing an active role in geopolitics, says a report based on a survey of 750 members of theWorld Economic Forumand published a week before the official opening of the World Economic Forum in Davos, Switzerland on January 20. The report states: "After the annexation of Crimea no clear political solution to the current conflict in Eastern Ukraine can be seen on the horizon. The EU-U.S. sanctions in place against Russia combined with low oil prices have damaged the Russian economy, but still have not led to the expected political. Read more...

Russia ready for talks on Hong Kong- EAEU free trade area

  • 19 Jan 10:58

Russia ready for talks on Hong Kong- EAEU free trade area Russia is ready todiscuss the introduction ofa free trade zone betweentheEurasian Economic Union (EAEU) and Hong Kong, Russian Deputy Prime Minister Arkady Dvorkovich was cited by Sputnik News assaying. “We have recently reached the first agreement abouta free trade zone betweenthe Eurasian [Economic] Union and Vietnam, now we are engaged innegotiations withIsrael,” Dvorkovich said atthe Asian Financial Forum inHong Kong, according to the report. “We are ready todiscuss this issue withHong Kong.” The EAEU comprises of Russia, Belarus,. Read more...

USDA Reports: 2016 Output Up 1.9 Per Cent Over Last Year

  • 19 Jan 10:56

USDA Reports: 2016 Output Up 1.9 Per Cent Over Last Year USDA released four reports last week with implications for the livestock and grain markets/Allendale Inc.’s chief strategist, Rich Nelson, shares highlights and what it means for the pig, cattle,poultry, corn, soybean and wheat markets. Hogs USDA's pork production estimate was increased by 35 million pounds this month on the supply/demand report. They now see 2016 output at 24.960 billion, 1.9 per cent over last year. With no change in imports or exports, US consumers will have 50.1 pounds per person waiting for them this year, which is 0.8 pounds over 2015. Don't forget, this is on top of the 7.1 pounds increase we shoved on. Read more...

The Russian pig ban – 2 years on

  • 18 Jan 16:28

The Russian pig ban – 2 years on What were the consequences of Russia’s ban on EU pigs, pork and specific pig products? The country stopped importing almost 2 years ago. Time to reflect. First things first – the ban. It all started in January 2014, when the first outbreaks of African Swine Fever (ASF) hit Lithuania and Poland. As a consequence, Russia decided to close its borders for pigs, pork and certain pig products. Just half a year later, the rest of the EU's agriculture also faced a trade ban with Russia. Due to rising geopolitical tensions over Ukraine, the EU and Russia embarked on a mutual agricultural trade ban, which hasn't been lifted to this. Read more...

New HPAI strain strikes US turkey farm

  • 18 Jan 16:27

New HPAI strain strikes US turkey farm The US is bracing itself for more avian influenza heartache following confirmation of a previously unseen strain of highly pathogenic H7N8 striking a commercial turkey farm in southern Indiana. The outbreak, which has prompted the culling of about 60,000 birds, is different than the one that caused more than 200 outbreaks in US poultry last year, according to the US Department of Agriculture (USDA) Animal and Plant Health Inspection Service (APHIS). Increased mortality in turkey flock Samples from the turkey flock, which experienced increased mortality, were tested at the Indiana Animal Disease Diagnostic Laboratory at Purdue University, which is a part. Read more...

EU Commits Millions to Combat Animal Diseases in 2016

  • 15 Jan 11:27

EU Commits Millions to Combat Animal Diseases in 2016 The EU has committed close to €161 million to support eradication, control and surveillance programmes that aim to eliminate animal diseases and zoonoses as well as further strengthen the protection of human and animal health. Given the serious impact that animal disease outbreaks can have on human health, but also on economy and trade, the allocation of EU co-financing will continue to assist national authorities in putting in place precautionary measures, disease surveillance and eradication programmes, at national and European level. Overall, 130 programmes have been selected for EU funding under the Regulation 652/2014 on the management of the expenditure in. Read more...

Russia-Japan trade volume down 30 pct in 2015

  • 15 Jan 11:24

The volume oftrade betweenRussia and Japan has diminished byalmost 30 percent in the first ten months of 2015, Sputnik NewscitedRussian lower house speaker Sergei Naryshkin as saying. “In the sphere oftrade and economic cooperation, we are going throughdifficult times,” Naryshkin said duringa meeting withMasahiko Komura, vice president ofJapan's ruling Liberal Democratic Party, according to the report. “Over the last year, withinthe first ten months oflast year, the volume oftrade betweenour countries reduced significantly, byvirtually 30 percent.” Komura is in Moscow. Read more...

Brazil's Ag Exports at Record Levels in 2015

  • 14 Jan 10:21

Brazil's Ag Exports at Record Levels in 2015 The amount of soybeans, corn, fresh chicken, coffee and pulp sold abroad in 2015 registered a record for Brazil's agribusiness trade. This information was released on Monday by Secretary of International Relations of the Ministry of Agriculture (MAPA), Tatiana Palermo. The export volume of soybeans rose 19 per cent compared to 2014 and reached 54.32 million tons, the largest amount ever recorded. The other record holders are soybean meal, with 14.8 million tons sold abroad (8 per cent increase); corn, which reached 28.9 million tons (40 per cent growth); coffee, with 2.09 million ton (+1 per cent), chicken meat, with 3.89 million tons (+7 per cent) and. Read more...