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...
First quarter exports of Russian agricultural products increased 16% in 2021, reaching $ 7.125 billion. Since the beginning of the year 2021, exports of agricultural products from Russia have grown by 16% (as of April 4) compared to the same date in 2020 and have reached $ 7.125 billion, the federal Agroexport center under the Ministry of Agriculture of the Russian Federation said in a statement. The export of grain in the reporting period increased by 41% and amounted to $ 2.646 billion; the export of fat and oil industry products increased by 39% to $ 1.683 billion; the supply of meat and dairy products abroad increased by 17% to $ 241 million. By country,. Read more...
Pig production is positioned as the main driver of growth in Russian meat production. In 2020, Russian pig production increased by 8.9% to 5.5 million tons live weight. During the first three months of this year, according to the Ministry of Agriculture, this figure has reached 1.3 million tons (+ 0.5%). The Ministry of Agriculture forecasts an increase in the production of pork products by more than 4% in 2021. Russia has exceeded the target indicator for pork self-sufficiency, which allows it to send the surplus abroad and. Read more...
The Russian government took unprecedented measures to support the economy through the coronavirus pandemic, saving five million jobs, President Vladimir Putin said on Wednesday in his annual address to the Federal Assembly. According to Putin, the government will continue promoting private investment to support the creation of new jobs. He has instructed the government to develop a program of additional measures to support small and medium-sized businesses. The proposals on“tax incentives, affordable loans, expansion of product sales, including through purchases from large state-owned companies,”should be submitted within a month. He added that. Read more...
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