Exports of Russian agricultural products have increased by 28.1 percent in the first two months of 2021 against the same period a year ago, amounting to $4.51 billion, the Russian Agricultural Ministry reports. Foreign sales of grains rose 86.4 percent to $1.916 billion, while exports of fat-and-oil products saw a modest growth of 9.2 percent to $787 million, according to the ministry. Exports of meat and dairy products grew by 32.8 percent to $154 million. Meanwhile, sales of fish and seafood dropped 27.2 percent to $521 million. Exports of the food and processing industry also saw a decrease of 5.1 percent to $394 million. The list of top consumers. Read more...
Rising prices for food and other items stem from the current situation worldwide, but the Russian government has been able to curb this trend domestically, Kremlin Spokesman Dmitry Peskov told reporters on Tuesday. Earlier, the Central Bank reported that inflationary expectations of the population in April rose to 11.9%. When asked what can be behind those fears and how well-founded they are, the Kremlin press secretary recalled that this is chiefly the government's purview to deal with such issues. But he noted that there are "certain global trends associated with the price hikes on food and other products." "You know that these global. Read more...
Pork consumption is expected to grow in Russia by another 2-3% in 2021. This was announced by the general director of the National Union of Pig Breeders, Yuri Kovalev. One of the main reasons for the growth is that pork production will continue to grow in 2021. “According to the forecast, in 2021 pork production in carcass weight will grow 3-4%, which is about 150 thousand tons. This will happen due to the investments already made, since the animals are fattening. This is a continuation of a trend that has been mentioned many times. Last year there was an increase in production, this year there will be as well, and it is also expected in 2022-2023. Of course, provided. Read more...
In 2020, Cherkizovo Group, Russia’s largest meat producer, increased its sausage sales through retail chains by 21% in monetary terms according to NielsenIQ. This puts Cherkizovo ahead of the industry average of 14% for 2020. Data from analytics company NielsenIQ show the turnover of Russian sausage retailersgrew 14% in 2020 to RUB245billion. Product categories that recorded notable growth included cooked and smoked sausages (19% or RUB4.5billion), dry sausages (18% or RUB3.8billion), ham (18% or RUB1.9billion), cooked sausages (16% or RUB7.2billion), hot dogs (13% or RUB8.1billion), and deli meats (12% or RUB3billion), In volume terms, sausage sales. Read more...
Cherkizovo Group, Russia's largest meat producer, organized an independent business dialogue on"Ensuring Sustainability: The Contribution of Russian Business to the Development of Global Food Systems." The event was conducted jointly with the Russian Union of Industrialists and Entrepreneurs (RSPP) in preparation for the UN Food Systems Summit. The UN summit will be held in September in New York and will be an important stage in working out common international approaches to ensuring the sustainable development of food markets and addressing related global challenges. During the Moscow business dialogue, representatives of large agricultural companies,. Read more...
The volume of Russian-Vietnamese agricultural trade has increased by more than 2.5 times over the past five years. The free trade agreement between the EAEU and Vietnam, which has been effective since October 2016, has contributed to such active growth. Sergey Levin, Deputy Minister of Agriculture of Russia, and Phung Duc Tien, Deputy Minister of Agriculture and Rural Development of the Socialist Republic of Vietnam, have chaired the meeting of the Russian-Vietnamese Working Group on Agriculture. The topics discussed at the event were the further development of mutual trade, veterinary and phytosanitary surveillance, and investment cooperation in the. Read more...
In the first 2 months of 2021, Russian poultry production dropped by 6.2% compared to the same period of the previous year. “We didn’t see such a drop in over a decade”, said Sergey Lakhtyukhov, general director of the Russian Union of Poultry Producers. The Russian poultry industry is impacted by several factors. First, there is a sharp rise in production costs. The price for some feed additives on the Russian market jumped by 260% on a year-on-year comparison. Wheat, soybean meal, and other feed ingredients are getting more expensive too, Lakhtyukhov said. Hatching egg shortage As Russia banned the import of hatching eggs from several important. Read more...
The Russian government has approved a 1 billion Rouble (US$ 15 million) subsidy to the poultry industry to halt the unprecedented drop in production. At the same time it considers freezing retail price levels to halt the upward price rally on the domestic market due to imbalanced supply and demand. As explained by Russian Prime Minister Mikhail Mishustin, the funds were allocated to both poultry farmers and processors. “The companies got the approval for bigger loans a lower interest rates,” Mishustin explained. The government intervention is needed to balance supply and demand on the market and is expected to contribute to price stabilization on goods. Read more...
U.S. Meat Export Federation (USMEF) takes part in 20th Anniversary International Exhibition on Food, Ingredients and Food Technologies – UzFood 2021, which takes place on April 28 – 30, 2021 in Uzexpocentre NEC, Tashkent, Uzbekistan. UzFoodis the key event in the food industry. Every year the exhibition is attended by leading producers, suppliers and distributors of the food industry representing both national and global food markets.The exhibition is annually visited by top managers of the leading companies, importers and distributors, who have an opportunity to get acquainted with a great variety of food products and equipment, and to find their. Read more...
U.S. Meat Export Federation (USMEF) is conducting E-commerce sale promos in Ukraine and Kazakhstan. The promo in Kazakhstan started on the eve of the holy holiday Ramazan for Kazakhstan citizens, in Ukraine - two weeks before the main Orthodox holiday of Easter. This promo is focused on final consumers and helps aficionados of the U.S. beef to choose right steaks, ribs and roast beef for barbecues, for cooking at home in a circle of relatives and friends, offers various recipes on American beef meals, recommendations from famous chefs and bloggers. In Ukraine, the promo takes place within the framework of the community of gourmand of the American Red Meat – U.S.. Read more...
© Inline LLC 2015-2024. Privacy Policy | Terms of Service