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...
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...
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...
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...
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...
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...
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...
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 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’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...
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