Exports of agricultural products in 2025 should increase to $35.4 billion, according to the national report on the results of the implementation of the state program for the development of agriculture and regulation of agricultural products, raw materials and food markets in 2020. As reported in the press release of the Cabinet of Ministers, the document was approved at a government meeting on June 17. Annual reports on the implementation of the state program are prepared in accordance with the law "On the Development of Agriculture" and must be published by July 15. In 2020, exports of agricultural products amounted to $30.5 billion and exceeded imports for the. Read more...
Ukraine poultry producer MHP is set to invest €35 million to expand production capacities in Serbia, Victoria Kapelyushnaya, the chief financial officer of MHP, told local press. MHP is building new production facilities in this country, the first of which has already been finished, she added. The Serbian project is expected to be part of the company's push aimed at expanding its European business. Kapelyushnaya said that MHP also decided to invest an additional €10 million to expand the production capacities of PerutninaPtuj in Croatia. MHP acquired Slovenian-based poultry integrator PerutninaPtuj in February 2019 for €273 million. In. Read more...
KORUS Consulting has completed a project to streamline the supply chains of Cherkizovo Group, the largest meat producer in Russia. The project has enabled the Group to review its current product flows and identify the most effective changes that can be made to delivery routes. Going forward, a new IT solution will help the company achieve a reduction in monthly operating costs. Cherkizovo Group is a producer with extensive manufacturing and logistics infrastructure that delivers its products to the federal retail chains and large fast-food chains across Russia, while also exporting them to other CIS countries, the Middle and Far East, and Africa. To optimize the. Read more...
The United States was the largest producer of beef in the world in 2020 followed by Brazil & the European Union. The United States, Brazil and the European Union accounted for roughly 50% of the world's beef production.The United States accounted for roughly 20% of. Read more...
On June 16, the Ministry of Agriculture of Russia held a final meeting to discuss last year’s performance and further strategic plans. Deputy Prime Minister Viktoria Abramchenko, the Minister of Agriculture Dmitry Patrushev, representatives of the Federation Council and the State Duma, and other government and relevant organisations representatives attended the event. Prime Minister Mikhail Mishustin welcomed the meeting participants. He noted that the Russian agricultural sector had performed well even during the pandemic. Viktoria Abramchenko expressed her gratitude to the farmers for the last year's results. According to Deputy Prime Minister,. Read more...
Brazilian President Bolsonaro has asked Russian President Putin to approve more Brazilian processors for meat exports to the Russian market. Many facilities already have their accreditations, but have been faced with restrictions since 2017. This was one of the main points of discussion in a direct telephone call between the heads of state last week. Another topic of conversation was the commercialisation and production of Sputnik, the Russian vaccine against Covid-19. According to the Brazilian Special Secretariat for Social Communication, “…president Bolsonaro emphasized the need for more Brazilian processors to be cleared for export to that. Read more...
A sharp drop in wholesale prices on the Russian egg market has driven most companies below the profitability edge, the Russian union of poultry producers Rosptitsesoyuz said in a statement submitted to the government on 26 May. Since early May, the wholesale prices dropped on average by 19.5% on the top quality eggs, and by 10.9% on the second-grade eggs, the Russian newspaperVedomostireported, citing the Russian Agricultural Ministry. The downward rally hit most producers, who have to bear substantial losses, Rosptitsesoyuz warned. Galina Bobyleva, general director of Rosptitsesoyuz, estimated that retailers purchase eggs for 26 to 46 Roubles (US$0.36 - US$0.63). Read more...
On May 18, senior scientific practitioner of the Russian State Center for Animal Feed and Drug Standardization and Quality (FGBU “VGNKI”) Dr. Dmitriy Makarov participated in the Session “Sound Pork Industry” organized on the sidelines of AGROS-2021 Exhibition. The specialist presented a report on chemical contaminants in pork products and commented on hazardous outcomes of xenobiotic presence in food products, including intoxication cases, and on financial losses by producers. Dr. Makarov highlighted basic routes that undesired substances usually take into products and listed prevention methods. Besides, he paid special attention to maximum. Read more...
The impressive growth of Russia's agricultural supplies to the global market will continue and could reach $30 billion by the end of 2021, Deputy Prime Minister Viktoria Abramchenko told TASS. Abramchenko said that the major task is to fully provide the domestic market with food, and only then to strive for export markets. She added that Russia can expand the geography of supplies, mainly to the Asian market, and ensure the promotion of domestic brands on the world market. "Those directions of development of the agro-industrial sector, which we discussed in terms of the country's development strategy until 2030, will allow at least 950 billion rubles (over. Read more...
Russia is not the only country that is facing a global rise in food prices. This was stated by Minister of Economic Development of Russia Maxim Reshetnikov in an interview with The Financial Times, writes The DairyNews with reference to the press service of the Minister of Economic Development. According to him, many countries have faced this and different countries will respond to it in different ways. ‘We have developed this mechanism of long-term dampers for ourselves, and in principle we see that it works,’ said Maxim Reshetnikov. According to him, another point is that all this requires coordination, including within the framework of the Eurasian. Read more...
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