World meat industry news

Russia’s Central Bank Forecasts A 2023 Global Economic Crisis

  • 13 Sep 09:32

Russia’s Central Bank Forecasts A 2023 Global Economic Crisis The global economy could be less than 18 months away from a financial crisis on the same scale as the 2008-2009 worldwide economic meltdown, Russia’s Central Bank has warned. In a stark forecast, the bank pointed to “serious imbalances” in the global economy, soaring and unsustainable debt levels in both the public and private sector, and stubborn inflation risks across the world.“In the first quarter of 2023, a large-scale financial crisis could begin in the world economy — comparable to the crisis of 2008-2009, with a long period of uncertainty and a protracted recovery,” the bank said in areportpublished September 1. The scenario. Read more...

Price dynamics in the Russian meat market

  • 10 Sep 11:11

Price dynamics in the Russian meat market Rosstat reports that from January to July 2021 agricultural organizations in Russia produced 6.9 mil. tons of poultry and livestock in live weight. This number is approximately equal to the figure for the last year. As for the industrial production of meat over the same period, the figure is 0.2% less than in 2020, about 1.8 mil. tons. Beef According to monitoring systems, the price of beef half carcasses increased by 0.4% and is 257.43 thousand rubles per ton. It should also be noted that the price for cattle, on the contrary, fell by 0.3% and amounts to 127.18 thousand rubles per ton. Poultry meat This week, the world has seen a 1.3% increase in the price. Read more...

Moscow increased export of meat products by almost 21 percent

  • 10 Sep 11:06

Moscow increased export of meat products by almost 21 percent Based on the results of six months of 2021, capital exporters delivered finished meat products worth USD 27.86 million abroad. This is 20.7 percent more than in the same period last year, when goods worth $ 23.09 million were exported, and 24.2 percent higher than in January-June 2019, then Moscow supplied products worth $ 22.43 million. “Earlier, foreign partners imported mainly meat and by-products of the capital’s production, in the first half of the year, deliveries were made for $ 29.6 million. Now there is an increase in demand for finished meat products; in the reporting period, goods worth $ 27.86 million were exported. The total export of all. Read more...

Rusmolco has completed a project for 7200 milking cows in Penza region

  • 10 Sep 11:04

Rusmolco has completed a project for 7200 milking cows in Penza region Rusmolco has fully completed the project for construction of a livestock complex for 7200 milking cows in Penza region. In total, 7 billion rubles were invested in the project, reported in the company's press service to The DairyNews. Russian Dairy Company (a subsidiary of Singapore-based Olam International, one of the TOP 3 largest milk producers in Russia) has fully completed the construction of a dairy complex for 7,200 milking cows in Serdobsk district of Penza region. The total volume of investments in the project for the entire period of its implementation amounted to 7 billion rubles. The financial partner was JSC Rosselkhozbank. The project was. Read more...

Russian pork market in the context of the pandemic

  • 9 Sep 10:34

Russian pork  market in the context of the pandemic Meat and meat products are the most important food products in most countries of the world. The demand for meat products in the world is growing in accordance with the increase in the level of development of countries and the solvency of the population, and the growth of the world's population also has an impact. Pig breeding is one of the most important branches of animal husbandry to ensure food security in Russia. Currently, there is a fairly steady increase in pork production in farms of all forms of ownership . Pork belongs to the food category of products of social significance. An important infrastructure component of the production process and bringing this. Read more...

Top 10 Russian regions with the largest poultry herd

  • 8 Sep 11:10

Top 10 Russian regions with the largest poultry herd In July, the largest poultry herd was registered in the Belgorod region - 48.146 thousand heads. The second place got the Leningrad region - 30.303 thousand heads? on the third place - the Chelyabinsk region with 22.138 thousand heads. Top 10 Russian regions with the largest poultry herd, July 2021 The other seven regions that made the ranking are: • Stavropol Territory - 20.993 thousand heads; • Republic of Mordovia - 18,095 thousand heads; • Tambov region - 16,002 thousand heads; • Bryansk region - 14.530 thousand heads; • Republic of Tatarstan - 13.913 thousand heads; • Penza region - 13.386. Read more...

Tönnies sells Russia business

  • 8 Sep 10:42

Tönnies sells Russia business The Tönnies meat company is selling its entire pig production in Russia for the equivalent of $290 million. German meat group Tönnies is selling its Russian subsidiary APK Don to competitor Charoen Pokphand Foods at the turn of the year. The globally active meat giant CP Foods, headquartered in Thailand, is Russia's ninth-largest pork company with an annual pork production of 129,000 t. AKP Don, which still belongs to Tönnies, is number 11 in Russia with an annual production of 112,700 t of pork, reports SUS. Dr. Andre Vielstädte commented when asked by FLEISCHWIRTSCHAFT: "We have reached an agreement with all shareholders and CP Foods to. Read more...

Cherkizovo Group supports young scientists

  • 8 Sep 10:39

Cherkizovo Group supports young scientists Experts from CherkizovoGroup, Russia’s largest meat producer, have spoken at the 14thInternational R&DConference “Modern Food Trends as Viewed by Young Scientists– Prospects, Innovations, and Progressive Technologies”, where young scientists and academics from Russia and abroad have met to share experience and knowledge. The conference in StPetersburg was organized by the All-Russian Research Institute for Food Additives, a branch of the V.M.Gorbatov Federal Research Center for Food Systems. CherkizovoGroup, committed to helping the young develop innovative solutions for agriculture and the food industry, was represented by Sergey. Read more...

Major state aid for Russian poultry breeding farms

  • 7 Sep 11:13

Major state aid for Russian poultry breeding farms The Russian government will subsidise 20% of investments dedicated to new breeding farms projects in a bid to return the industry to the growth track. “The decision taken will contribute to a rise in Russian poultry companies’ raw material base, as well to achieve a further increase in poultry and hatching eggs production,” the government said in an explanatory note on 24 August. The Agricultural Ministry estimated that the new subsidy would help the country to entirely stop hatching eggs imports by 2025 and ensure an undisruptive operation of poultry farms in Russia in the meantime. A proven method Investment subsidy is a common tool used. Read more...