World meat industry news

Genesus Global Market Report Russia, June 2021

  • 15 Jul 11:07

Genesus Global Market Report Russia, June 2021 Pig price in Russia is 128.8 Roubles per live kg (US$1.75). This has increased a little over the past few weeks. Covid travel restrictions have meant many more Russians taking holidays in Russia, increasing local demand for pork. There have also been some loss of production from ASF and PRRS (in some of the larger companies) who have gone to the market to fill gaps in production. Lastly in 2020 Russia exported 206,000 Tonnes of pork products (about 5% of what is produced). This is nearly double the amount exported in 2019. Imports in 2020 were down to just 11,000 tonnes. Russia has a target of becoming a top 5 pork exporting country. Despite lots of political lobbying,. Read more...

Cherkizovo announces results

  • 14 Jul 11:28

Cherkizovo announces results Cherkizovo Group, the largest vertically integrated meat producer in Russia, announced operating results for June and the second quarter of 2021. Chicken:Sales volume of 190.5 thousand t increased by 13% y-o-y. Sales growth to the foodservice customers, recovering after lockdowns of the previous year, and demand from export clients were crucial to the quarter's volume growth. Average sales price increased by 25% y-o-y. Turkey:JV Tambov Turkey sales volume of 12.8 thousand t up 33% y-o-y, with sales of Pava-Pava branded products adding 10% y-o-y and boosting average sales price by 5% y-o-y. Pork:Live pork production volumes of 61.0 thousand t declined by 20% y-o-y.. Read more...

Ukraine: Pig industry struggles as pork consumption drops

  • 14 Jul 11:26

Ukraine: Pig industry struggles as pork consumption drops Ukraine’s per capita pork consumption has dropped by 7 kg or 30% over the past few years, said Olga Makhno, senior analyst on pork production in the Ukraine livestock industry association at a recent press conference in the country’s capital Kyiv. She added that, despite a drop in domestic demand, the country is on the edge of a shortage of pork and cured pork fat – a staple of the Ukraine cuisine. Tough years for Ukrainian pork consumers The past several years have been tough for the average Ukrainian consumer. Falling purchasing power took a heavy on consumption. In 2020, it stood at 15 kg/capita, compared to 45 kg in the European Union and 30 kg. Read more...

Russia becomes the largest meat supplier for Vietnam

  • 13 Jul 11:23

Russia becomes the largest meat supplier for Vietnam The latest data from the Ministry of Agriculture and Rural Development showed that Vietnam imported about 70,000 tonnes of pork and pork products by the end of the first six months, reported The Star newspaper. The main meat import markets are Russia, the US, India, the Netherlands and Poland. Russia has become the main supplier of meat products in the Vietnamese market, reaching almost 50,000 tonnes shipped in the first six months of 2021, up 500% from the same period last year. The value of meat exports to Vietnam has surpassed $100 million, marking an increase of 450% compared with H1 2020. Since 2020, Vietnam has increased pork imports to cover a deficit in. Read more...

Russian pig producers take a new market approach

  • 13 Jul 11:22

Russian pig producers take a new market approach The pig price in Russia is 128.8 Roubles per live kg (US$1.75). This has increased a little over the past few weeks. Covid travel restrictions have meant many more Russians taking holidays in Russia, increasing local demand for pork. Also, there have been some losses in production due to ASF and PRRS outbreaks (in some of the larger companies) who have gone to the market to fill gaps in production. On the other hand, taste and consistency are the two major reasons that people continue to buy a food product, producing and selling pork that is consistently tasty seems to be a good idea for maximizing profit, according to the latest market report from Genesus. "One market. Read more...

FIRE AT ALTAISKY BROILER FACTORY

  • 8 Jul 08:50

FIRE AT ALTAISKY BROILER FACTORY A fire broke out at the Altaisky Broiler factory on Saturday, July 3. The flame did not spread to the facility’s production equipment. None of Altaisky Broiler’s employees have been hurt. The temporary shutdown of the factory will not have any significant impact on Cherkizovo Group’s operating and financial results. According to preliminary information, the fire at Altaisky Broiler broke out at 3:15pm on Saturday (here and throughout the text the time is local). Firefighting and rescue crews were summoned to the scene and started extinguishing the fire at 3:23pm. 49people and 20units of equipment were involved in the effort. The watering of the site. Read more...

Russia Praises Creation of EAEU-Indonesia Free Trade Zone

  • 8 Jul 08:49

Russia Praises Creation of EAEU-Indonesia Free Trade Zone Moscow has praised the restoration of talks between the EAEU (Eurasian Economic Union) and Indonesia on the creation of free trade zone, according to Russian Foreign Minister Sergey Lavrov,TASSinformed. Lavrov held a meeting on Tuesday with the his Indonesian counterpart Retno Marsudi to talk about education, cybersecurity, trade, and other topics. The Foreign Minister said that both countries have confirmed to further bolster and diversify trade, specifically through boosting cooperation on hi-tech products. Lavrov said that they have praised the idea of reconvening the 13th meeting of the Russia-Indonesia Joint Commission that covers economic,. Read more...

Russia was not involved in cyber attacks against US companies, says ambassador

  • 8 Jul 08:47

Russia was not involved in cyber attacks against US companies, says ambassador Russia was not involved in the cyber attacks on US and other Western companies, Russian Ambassador to the US Anatoly Antonov said on Wednesday in an interview with Bloomberg Television. "As regarding to what you have just mentioned about the recent attack on the United States and other Western countries infrastructure, I would like to say that Russia didn't participate in such attack, Russia didn't stay behind the curtain of such attacks," he said. Russia was not involved in the cyber attacks on US and other Western companies,Anatoly Antonov said. "As regarding to what you have just mentioned about the recent attack on the United States. Read more...

Uzbekistan introduces subsidies for poultry, egg producers

  • 7 Jul 17:09

Uzbekistan introduces subsidies for poultry, egg producers Uzbek President Shavkat Mirziyoyev has approved a bailout package for the domestic poultry industry, subjecting broiler meat and egg producers to new subsidies and tax breaks aimed at curbing the upward price rally on the domestic market. From June 2021, poultry farms are eligible for a subsidy of 500 soums (US$0.047) per 10 eggs and 1,000 soums (US$0.095) per kilogram of poultry meat sold on the domestic market, Mirziyoyev said in a decree released on June 18. The decree was approved shortly after the Uzbek government discovered that egg producers were suffering losses, while broiler meat producers experienced a sharp decline in profitability due to the. Read more...

Imports of goods from non-CIS countries to Russia up 28.9% in H1 2021 — Customs Service

  • 7 Jul 17:07

Imports of goods from non-CIS countries to Russia up 28.9% in H1 2021 — Customs Service Import of goods from non-CIS countries to Russia in January–June 2021 soared by 28.9% year-on-year to $121.55 bln, the Russian Federal Customs Service said on Tuesday.At the same time, imports edged up by 28.6% annually yet fell by 0.7% month-on-month in June 2021 and totaled $21.32 bln, the Customs says. According to statistics, machinery imports in June lost 1.8% to $11.21 bln. Imports of chemicals fell by 3.6% to $3.92 bln. Imports of foods and raw materials for their production tumbled 0.6% and totaled $2.23 bln. Imports of textiles and footwear import surged by 14.7% at the same time to $1.17 bln. Goods import categories Purchases declined by 32.1% for. Read more...