World meat industry news

The government has supported a bill to tighten control over antibiotics in the agro-industrial complex

  • 20 Aug 13:20

The government has supported a bill to tighten control over antibiotics in the agro-industrial complex The Russian government has supported a bill to tighten control over the use of antibiotics in agriculture. This is reported by the press service of Deputy Prime Minister of the Russian Federation Victoria Abramchenko. ‘At the government meeting, a package of amendments to the law "On veterinary medicine" and "On the circulation of medicines", prepared by the Rosselkhoznadzor, was supported. The bill introduces a ban on the addition of antimicrobial drugs to feed without a prescription,’ the report says. As explained in the office of the Deputy Prime Minister, the bill will be sent to the State Duma in the near future. ‘The. Read more...

The Ministry of Agriculture has published a plan for preferential lending to the agro-industrial complex

  • 20 Aug 13:18

The Ministry of Agriculture has published a plan for preferential lending to the agro-industrial complex From the plan of preferential lending to the agro-industrial complex, presented by the Ministry of Agriculture on August 17, it is known that 1,868,189.57 rubles are provided for the development of dairy farming for short-term loans and 558,226. 05 for investment loans. More information about the document can be found at the link. At the same time, the balance of preferential subsidies as of August 17 for short loans in all sectors is 2,630,424,363. 44 rubles, for investment loans - 695,486,568. 86 rubles. In total, 5.6 billion rubles were allocated for investment loans, 16.3 billion rubles for short. Read more...

Russia becomes the main supplier of meat to Vietnam

  • 19 Aug 11:21

Russia becomes the main supplier of meat to Vietnam The Russian market is fully saturated with domestic poultry and pork. To build new enterprises further, to increase the number of jobs and to pay more taxes, export is needed. At the same time, not only dimensionless China is a promising sales channel. A huge market nearby - Southeast Asia. In 2020, the growth in the export of meat products amounted to 49%, in the first half of this year - another 26%, follows from the data of the federal center "Agroexport" under the Ministry of Agriculture. First of all, the increase was achived by the expansion of pork supplies to Vietnam - there was an epidemic of African swine fever (ASF), so the country was forced. Read more...

EAEU distributes quotas for meat products and milk whey for 2022

  • 19 Aug 11:17

EAEU distributes quotas for meat products and milk whey for 2022 The Board ofthe Eurasian Economic Commission (EEC) decided toestablish and distribute tariff quotas for anumber oftypes ofmeat products and milk whey for 2022. Press service ofthe EEC reported. According tothe forecast, volume ofconsumption ofproducts will expectedly exceed production ofcattle meat inthe amount of237,400tons, pork— 34,900tons, poultry meat— 281,300tons, milk whey— 500 tons this year. Tariff quotas for 2022 for Kazakhstan and Russia were set inthe amounts fixed inthe protocols onthe accession ofstates tothe WTO. For Armenia, Belarus and Kyrgyzstan, they were determined within the difference between production and consumption, taking. Read more...

The state system of livestock breeding will work in Russia in 2025, - the Ministry of Agriculture

  • 19 Aug 11:16

The state system of livestock breeding will work in Russia in 2025, - the Ministry of Agriculture This became known at a meeting in the Ministry of Agriculture on livestock breeding, where it was noted that over the past 10 years, more than 2 thousand dairy cattle breeding facilities have been put into operation, reconstructed and modernized throughout the country, and more than 792 thousand livestock places have been created in addition. Thanks to this, the productivity of cows increased by 25.6%, stressed in the press service of the federal agrarian department. ‘To further improve the breed qualities of dairy cattle, it is necessary to develop the domestic breeding base. To date, it is represented in dairy cattle breeding by 24 animal breeds of domestic. Read more...

Head of Cherkizovo named chairman of Russia's Food Policy Committee

  • 19 Aug 10:08

Head of Cherkizovo named chairman of Russia's Food Policy Committee The new Committee will formulate the responsible approach of Russian business to solving social problems related to ensuring the affordability of food for all groups of the Russian population. Starting this month, Cherkizovo Group CEO Sergey Mikhailov will chair the Committee of Food Policy in Russia. The Committee was formed at the initiative of the Russian Union of Industrialists and Entrepreneurs’ (RSPP) and seeks to solve social problems related to ensuring the affordability of food for all groups of the Russian population. Also, it will harness the opportunities offered by innovation, modern technology and best management practice to improve the. Read more...

Growth in pork exports led to increase in prices in the domestic market

  • 18 Aug 12:17

Growth in pork exports led to increase in prices in the domestic market According to the Federal Customs Service, in January-March 2021, Russia sent 120 thousand tons of meat to foreign markets, which is 7.9% more than in the same period last year. Export revenue grew by 14% to $ 207 million, of which 45% came from pork, 37% from poultry and 16% from beef. Pork shipments increased by 31% in volume to 48 thousand tons and by 59% in value to $ 93 million supported by increased exports to Vietnam. All these factors have led to an increase in wholesale prices in the domestic market. But the situation may change, as it is planned to commission new capacities and stabilize export growth. The seller's market can become a buyer's. Read more...

Russian meat exports increased by 3%

  • 18 Aug 12:06

Russian meat exports increased by 3% According to the state automated system "Argus", since the beginning of the year, domestic exporters have sent 351.2 thousand tons of meat and meat products to foreign markets. Last year, this figure was 340.3 thousand tons - thus, the export of meat increased by 3%. The most dynamic growth is observed in the segment of beef supplies. In January-July, the volume of beef sent to foreign counterparties increased 2.6 times y/y: from 6.7 thousand to 17.4 thousand tons. The main share of purchases of Russian-made beef (11.2 thousand tons) falls on China. Along with China, the TOP-3 of its importers include Saudi Arabia and Kazakhstan. The volume of pork exports. Read more...

ROS AGRO financial results for 1H 2021 and 2Q 2021 16 August 2021

  • 16 Aug 12:08

ROS AGRO financial results for 1H 2021 and 2Q 2021 16 August 2021 ROS AGRO PLC (the “Company”), the holding company of Rusagro Group (the “Rusagro”), a leading Russian diversified food producer with vertically integrated operations, has announced the financial results for the six months ended 30 June 2021. 1H 2021 HIGHLIGHTS - Sales amounted to RUB 104,372 million (US$ 1,404 million1 ), an increase of RUB 32,210 million (US$ 433 million, +45%) compared to 1H 2020; - Adjusted EBITDA2 amounted to RUB 22,119 million (US$ 298 million), an increase of RUB 10,217 million (US$ 137 million, +86%) compared to 1H 2020; - Adjusted EBITDA margin rose from 16% in 1H 2020 to 21% in 1H 2021; - Net profit for the period. Read more...

Russian Exporters Criticize US Grain Harvest Forecasts

  • 16 Aug 12:03

Russian Exporters Criticize US Grain Harvest Forecasts The Russian Union of Grain Exporters claimed that the US Department of Agriculture recognized the sharp decrease in forecasts for the harvest and export of Russian wheat as erroneous since this forecast was made on outdated data. The new forecasts may cause an increase in market prices for wheat, Russian mediareported. In its August survey, the USDA significantly lowered its forecast for the Russian wheat harvest for the current year from 85 million tons to 72.5 million tons, citing a lower-than-expected harvest of winter crops. Also, the forecast for exports in the 2021-2022 agricultural year (from July 1, 2021 to June 30, 2022) was reduced from 40 million tons. Read more...