World meat industry news

Russian-Iranian trade turnover up 15% this year

  • 28 Jul 11:59

Russian-Iranian trade turnover up 15% this year The trade turnover between Russia and Iran increased significantly in the first six months of 2021 compared to the same period last year, Russia’s trade representative in Iran said Tuesday. “Russian-Iranian trade grew in 2020. It also demonstrates positive dynamics at the beginning of this year: in the first six months of 2021, trade grew by 15%. Exports increased by 16%, while imports from Iran – by 14%,” Rustam Zhiganshin said at an online economic cooperation meeting between the two states. According to data published earlier by the Eurasian Economic Commission (EEC), the volume of trade between Iran and Russia in 2020 amounted to. Read more...

“DAMATE” INCREASES TURKEY MEAT PRODUCTION BY 30%

  • 27 Jul 12:20

“DAMATE” INCREASES TURKEY MEAT PRODUCTION BY 30% “Damate”, the largest turkey meat producer in Russia, will invest an additional amount of 12.6 bln roubles into the expansion of the turkey meat production project and will also expand its production capacity from 155 to 207 ths t on a carcass weight basis per year. The total investments into the turkey meat project, taking the expansion into account, will be approximately 74 bln roubles. The funding sources are the company’s own resources and credit funds from “Rosselkhozbank”. The turkey meat market continues to show a stable positive momentum, however, we are still far from the saturation of the potential market with the consumption level of. Read more...

A beef cattle farm will start operating in the fall in the Novosibirsk region

  • 27 Jul 12:17

A beef cattle farm will start operating in the fall in the Novosibirsk region In the fall of 2021, a beef cattle breeding farm will start operating in the Karasuksky district of the Novosibirsk region. The project is being created by Siberian Angus, which is part of the Gorkunov group of companies. Investments in this project have already amounted to about 1 billion rubles, Vasily Pronkin, the development director of Gorkunov, told Kommersant. The farm will use new technologies for keeping livestock; by September, about 3-4 thousand heads will be delivered to it. In the first stage, the farm will produce calves. Most of them will go for reproduction, a small part of the bulls will be sent for meat. Pronkin did not say how much meat the. Read more...

Moscow entrepreneurs look for opportunities in Việt Nam

  • 26 Jul 11:30

Moscow entrepreneurs look for opportunities in Việt Nam More than 100 Vietnamese companies took part in an online business matching event with entrepreneurs from Moscow on Tuesday.The event was organised by Moscow Export Center with the support of the Ministry of Industry and Trade of the Russian Federation and trade mission of Russia in Việt Nam. Businesses in Moscoware interested in penetrating the markets of Southeast Asian countries and are looking for opportunities to develop business relationships with Vietnamese partners. During the event, 20 Moscow companies working in the fields of medicine, information technology, food, construction, machinery and equipment introduced their products to Vietnamese. Read more...

Putin's drive to tame food prices threatens grain sector

  • 26 Jul 11:29

Putin's drive to tame food prices threatens grain sector During a televised session with ordinary Russians last month, a woman pressed President Vladimir Putin on high food prices. Valentina Sleptsova challenged the president on why bananas from Ecuador are now cheaper in Russia than domestically-produced carrots and asked how her mother can survive on a “subsistence wage” with the cost of staples like potatoes so high, according to a recording of the annual event. Putin acknowledged high food costs were a problem, including with “the so-called borsch basket” of basic vegetables, blaming global price increases and domestic shortages. But he said the Russian government had taken steps to address the. Read more...

How Russian Agroindustry Is Switching to “Green” Technologies

  • 26 Jul 11:28

How Russian Agroindustry Is Switching to “Green” Technologies The market for environmentally friendly agricultural technologies is developing dynamically in Russia, and its volume is already approaching 90 billion rubles. Experts noted that while the industry is quite young, it is already attracting great interest from investors, Russian media informs. “In 2019, private investment in green agrarian startups amounted to about $2 billion,” said Nadezhda Orlova, head of the Department of Economics of Innovation in Agriculture at the Institute of Agricultural Research, National Research University Higher School of Economics. According to her, in Europe and the US, there are strategic programs to. Read more...

IN THE PERIOD 12-18 JULY THE RUSSIAN IMPORT WAS BASICALLY COMPRISED OF READY-TO-EAT FOOD PRODUCTS

  • 26 Jul 11:26

IN THE PERIOD 12-18 JULY THE RUSSIAN IMPORT WAS BASICALLY COMPRISED OF READY-TO-EAT FOOD PRODUCTS Specialists of the Russian State Center for Animal Feed and Drug Standardization and Quality (FGBU “VGNKI”) analyzed data from the state veterinary information system (subsystem “Argus”) and evidenced that in the period between July 12 and 18 Russia had imported over 57,000 tons of products subject to surveillance. Type of product Imported, tons Share, % Poultry meat (chicken, turkey, goose) 4,751.37 8,23 Ready-to-eat food products. Read more...

Russia: current forecast of grain harvest in 2020 is positive — APK-Inform

  • 16 Jul 10:08

Russia: current forecast of grain harvest in 2020 is positive — APK-Inform Taking to account the current weather conditions, APK-Inform Agency forecasts the production of grains and pulses at 125 mln tonnes in Russia in 2020, up 3% from the last year, informed the expert of the Agency, Irina Ozip during the on-line conference “Ukraine. Russia. Kazakhstan. Updates and forecasts”. Particularly, the surplus of production is possible due to extension of the sown area to 47 mln ha compared to 46.7 mln ha in 2019/20 MY as well as possible yield increase. Thus, the average yield of grains could reach 2.72 t/ha compared to 2.67 t/ha this season. As to the production of key grains, APK-Inform forecasts wheat crop at 77.9 mln tonnes. Read more...

Over 60% of Russians spend half of their salary on food — research

  • 16 Jul 10:07

Over 60% of Russians spend half of their salary on food — research More than 60% of Russians spend about half of their monthly income on food, according to the results of the survey conducted by the Analytical Center of the Synergy University, made available to TASS on Thursday. The survey consisted of 5,000 people, ages 20-55. "60.4% of Russian citizens spend about half of their monthly income for food, 16% spend almost all their earnings on food, and 14.8% about a third of their income. Another 8.8% spend no more than 20% of their budget on food," the analysts said. And 96.3% of respondents drew attention to the rise in food prices. In their opinion, vegetables, fruits, dairy products, meat, and vegetable oils have. Read more...

Exports of agricultural products from Russia to Singapore may grow to $100 mln by 2030

  • 15 Jul 11:10

Exports of agricultural products from Russia to Singapore may grow to $100 mln by 2030 Federal Center Agroexport under the Ministry of Agriculture of the Russian Federation estimates the potential for exporting agricultural products from Russia to Singapore at $100 mln by 2030, Head of Agroexport Dmitry Krasnov said on Monday. "We estimate the potential for increasing Russian exports of agricultural products to Singapore by 2030 at more than $100 mln. First of all, it can be implemented through the supply of fish and crustaceans, pork, poultry meat, chocolate confectionery, flour confectionery," he said. According to him, a significant part of the listed items is not currently imported into Singapore from Russia. According to the materials. Read more...