GazprombankandCherkizovo Groupsigned a loan agreement to finance the construction of a high-tech automated production facility for slaughtering pigs and processing pork in the Tula region.
Gazprombank will grant Cherkizovo a 12-year credit facility, providing RUB40.8billion (US$557 million) of the RUB48billion to be invested in the project. The deal is structured as a project financing arrangement under the Ministry of Agriculture’s concessional lending program for agricultural producers.
The slaughtering and processing facility in the Tula region will boost Cherkizovo’s high value-added capacity to 500,000tons per year. Additionally, the new factory will.
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To expand sales to its overseas division, Russia’s largest turkey producer, Damate, has opened up the export of turkey products to Western Africa.
Damatehas already exported 100 tonnes of turkey sausages under a the Salima brand to Ghana, Liberia, and Benin, the Russian magazine Agroinvestor reports.
This is a step forward in the company’s export diversification campaign. Previously, Damate was primarily focused on exporting frozen turkey to Africa. In the first half of 2021, these supplies totaled 3,500 tonnes for 500 million roubles (US$ 6.5 million).
Rashed Khairov, general director of Damate, said that turkey enjoys strong demand in Africa. Still,.
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In July 2021, the largest pig herd was registered in the Belgorod Region – 4667.5 thousand heads.
Top-10 Russian Regions with the Largest Pig Herd, July 2021
The second place in rating got the Kurskregion - 2207.4 thousand heads followed by the Voronezh region – 1694.7 thousand heads.
The other seven regions that made it to the ranking are:
• Pskov Region – 1617.7 thousand heads;
• Tambov Region – 1124.6 thousand heads;
• Chelyabinsk Region - 786 thousand heads;
• Orel Region – 756.6 thousand heads;
• Lipetsk Region – 714.7 thousand heads;
• Republic of Mordovia.
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Russia and Uzbekistan have green-lighted the blueprints for logistical corridors between the two countries following Russian Deputy Prime Minister Alexei Overchuk’s meeting with his Uzbek counterpart Sardor Umurzakov in Tashkent.
The plans outline bilateral efforts to improve customs, sanitary, and phytosanitary procedures to ensure the safe passage of goods between the two countries, while they will also develop cooperation in digitisation and work closely to establish agro-logistics and distribution centres.
These efforts include establishing regular “Agro Express” cargo trains to operate along the so-called “green corridor”.
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By early 2021, Russia had turned from one of the largest importers to one of the largest exporters of pork, and the pork consumption level reached record in 30 years.
Pork imports have been practically "zeroed". From the total import dependence, which was observed back in the mid-2000s, when pork imports were approaching 50% of the domestic demand, almost 100% self-sufficiency in pork meat was reached by the end of 2019.
However, some regions continue to buy pork meat abroad, and in 2021 there was even an upward trend.
So where does imported pork go, the volumes of which reached 2,486 tons in 6 months of 2021?
Compared to 2021, Russia has.
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Gazprombank and Cherkizovo Group signed a loan agreement to finance the construction of a high-tech automated production facility for slaughtering pigs and processing pork in the Tula Region.
Gazprombank will grant Cherkizovo a 12-year credit facility, providing RUB40.8bn of the RUB48bn to be invested in the project. The deal is structured as a project financing arrangement under the Ministry of Agriculture's concessional lending program for agricultural producers.
The slaughtering and processing facility in the Tula Region will boost Cherkizovo’s high value-added capacity to 500,000tonnes per year. Additionally, the new factory will create over 2,000 highly-paid.
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Sergey Levin, Deputy Minister of Agriculture of Russia, and Dang Minh Khoi, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Russia, held a meeting at the Ministry of Agriculture of Russia. The discussion covered agricultural trade, cooperation in veterinary and phytosanitary inspection, and the implementation of joint investment projects.
Vietnam is a strategic partner for Russia in the agricultural sector. Trade in agricultural products and foodstuffs has accounted for about 15% of total trade between the countries in recent years. Meanwhile, the pace of cooperation development continues to grow. Mutual supplies have increased by 8%.
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According to customs statistics, in June 2021, Russia`s pork exports reached nearly 29 million USD, up 7% over the same period last year. Particularly exports to the Vietnamese and Ukrainian markets decreased, to Belarus and Mongolia increased sharply.
By the end of June 2021, the country's pork exports reached 11.4 thousand tons, down 6.1% and pork accounted for 34% of Russia's total meat export volume. Pork exports to Belarus increased the most by 127%, to Mongolia increased by 68%, However, exports to Vietnam dropped by nearly 32%, to Ukraine by 9%. In addition, exports to some other markets still have downward exports trend, such as Kazakhstan - 6.9%, China /.
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The total volume of the Russian beef exports in June 2021 is estimated at 3,137 tons. Compared to 2020, the volume of external sales of beef increased by 119.5%.
In June 2021, China / Hong Kong accounted for the largest share of Russian beef exports: export volumes are estimated at 2.09 thousand tons. Uzbekistan took the second place with 202 tons. Kazakhstan is on the third line with 179 tons. Saudi Arabia became the fourth larger importer of Russian beef with 140 tons.
The shares of China / Hong Kong and Kazakhstan in the total volume of Russian beef exports increased by 1% over the year. Saudi Arabia has reduced purchases of beef produced in Russia. But the increase.
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In July, the largest cattle herd was registered in the Republic of Tatarstan - 565.4 thousand heads.
Top-10 Russian Regions with the Largest Cattle Herd, July 2021
The second place in rating got the Bryansk region - 550.4 thousand heads followed by the Voronezh region - 364.3 thousand heads.
The other seven regions that made it to the ranking are:
• Krasnodar Territory - 340 thousand heads;
• Altai Territory - 301.2 thousand heads;
• Novosibirsk region - 292.2 thousand heads;
• Republic of Bashkortostan - 282.2 thousand heads;
• Udmurt Republic - 272.9 thousand heads;
• Kirov region - 223.5 thousand.
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