The Agricultural Ministry of Russia forecasts the production of grains and pulses at 127.4 mln tonnes, including 80.7 mln tonnes of wheat. The expected crop will be lower than in the current season, when the production totaled 133.5 mln tonnes, including 85.9 mln tonnes of wheat. In 2021, barley crop will decline to 19.4 mln tonnes (20.9 mln tonnes), rye - to 2.2 mln tonnes (2.4 mln tonnes), rice - to 1.077 mln tonnes (1.142 mln tonnes), buckwheat - to 867.6 thsd tonnes (892.2 thsd tonnes). At the same time, the production of corn for grain will increase to 14.4 mln tonnes (13.9 mln tonnes), oats - to 4.4 mln tonnes (4.1 mln tonnes), millet - to 494 thsd. Read more...
Current Russian pig price is 122 Roubles ($1.63)/live kg (with VAT). Despite higher feed costs pig producers in Russia continue to make profit. When we look at profitability in pig production we always look at it in pig terms. Profit per kg, profit per pig, profit per sow. For many the most important element in terms of profitability is cost per kg produced … 74 Roubles per kg cost is better than 75 Roubles. Is this the correct way to calculate? As a metric to be able to compare profitability on different farms or business’s I think not! In any business there are limiting factors or bottlenecks that limit production and profitability. In all business. Read more...
Russia became part of the ASEAN Regional Forum in 1995 with the Association of Southeast Asian Nations (ASEAN) and became a full dialogue partner in 1996. Since then, two-way trade has increased modestly from US$500 million in 2005 to US$18.2 billion in 2019. Despite this large number, Russian foreign direct investment (FDI) in ASEAN only amounted to US$45 million for the same year; a significantly small amount considering the bloc received US$160 billion in FDI in 2019. Most of Russia’s investments in the region have been reliant on energy — oil, gas, and nuclear — but ASEAN is diversifying its energy import partners than being dependent. Read more...
The upcoming launch of vegan poultry by Beyond Meat will not impact demand for traditional broiler meat, reports Russian magazine Agroinvestor. Citing market participants, the magazine reported the vegan poultry – a world first – would neither impact demand for traditional broiler meat consumption in Russia nor worldwide. Plant-based brand Beyond Meat will launch the vegan chicken later this year,Bloombergrecently reported. According to anonymous sources familiar with the company, Beyond Meat is informing customers the vegan chicken production will launch this summer. Sergey Yushin, chairman of the Russian National Meat Association, expressed confidence. Read more...
The Federation Council of the Federal Assembly of the Russian Federation discussed the prospects for organic farming in Russia. Valentina Matviyenko, Federation Council Speaker, and Dmitry Patrushev, Minister of Agriculture of Russia, attended a meeting of the Federation Council Committee on Agriculture and Food Policy and Environmental Management. Julia Klöckner, Federal Minister of Food and Agriculture of Germany, addressed the event by video message. Valentina Matviyenko opened the meeting by pointing out that organic food production is a young but promising area. She stated that this topic is of great importance for both the country's economy and. Read more...
The number of Russians who more and more often notice an increase in the cost of eggs is growing: now 57% are talking about a noticeable rise in prices, while at the beginning of the year this number was 44-45%, according to a survey by the Public Opinion Foundation (FOM). Most notably, in the opinion of the respondents, poultry meat, vegetables, and fruits are also becoming more expensive – the number of Russians who have expressed concerns about this is constantly growing. The number of Russians who talk about a noticeable increase in prices for other products is increasing slightly or decreasing, according to the survey. According to. Read more...
Meat and Poultry Industry Russia exhibition is scheduled to take placeon May 17-19, 2021.The location selected in 2021 is again the Crocus Expo, Pavilion 2. Alongside Meat and Poultry Industry Summit Russia is organized,a unique platform for a complete educational and networking experience with industry stakeholders and think tanks. The Summit covers main topics in the meat, poultry and feed industries with a special focus on feed and feed components. For more information, please visit the website. Meat and Poultry Industry Russia 2021 is. Read more...
The annual growth in food prices in early May slowed to 6.6% from 7.6% in March, according to info from a meeting held by Russia’s First Deputy Prime Minister Andrei Belousov on price monitoring. In particular, for the annual period as of May 4, 2021, price growth slowed down by one percentage point – to 6.6% from 7.6% in March 2021. Rosstat also reported a decrease in inflation in Russia: it fell to 0.6% in April from 0.7% in March. Annually, inflation dropped to 5.5% from 5.8% a month earlier. Prices for fruits and vegetables increased by 1% in April, which is lower than the seasonal growth. The rise in prices for other food products (excluding. Read more...
Supplies of Russian agricultural products and foodstuffs (excluding fishery products) to China increased by 17.6% in the first quarter of this year, according to Russia’s trade representative to China, Alexey Dakhnovsky. “Despite the difficult epidemiological situation and the imposed quarantine restrictions, the supply of some Russian agricultural and food products not only did not decrease but continued to grow,”Dakhnovsky said on Tuesday at the international food fair ‘SIAL China 2021’ in Shanghai. According to him, supplies of fats and oils increased significantly during the period by over 56% year-on-year. Despite the. Read more...
Food producers should earn money from exports, without causing damage to domestic consumers, said the head of government. The government has the means to ‘curb the appetites’ of those who want to cash in, he assured. One of the reasons for the increase in prices for socially important products in Russia was the greed of some manufacturers and retail chains, said Prime Minister Mikhail Mishustin. He said this while delivering a report on the work of the government to the State Duma deputies. ‘It is important to say one more reason why prices are rising. This is the greed of individual producers and retail chains,’ the prime minister said. At. Read more...
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