The rate of decline in the Russian foodservice market in 2020 continues to slow down, turnover in September 2020 amounted to 132.6 billion rubles, or 86% to the level of the corresponding period of the previous year. This is stated in the materials of Rosstat. The turnover of the foodservice segment in Russia in January - September 2020 amounted to 947.5 billion rubles, or 77.2% to the level of last year (a drop of 22.8%). By August 2020, the turnover of foodservice outlets in September increased by 11.5%. Compared to Q2, Q3 growth was 70.6%. The turnover of foodservice segment in Russia began to fall against the background of the coronavirus pandemic: in April it. Read more...
Russian exports of pig meat (incl. offal) havecontinued to perform well this year, reflecting thegrowth in production. Russian exports between January and August totalled 143,300 tonnes,80% morethan the same period in the previous year. The nation has gainedaccess to several export marketsin recent years, including Mongolia, Hong Kong and Vietnam, while negotiations with China are still ongoing. The Russian Union of Pork Producers (RUPP) suggests that exports of pig meatcould surpass 200,000 tonnesby the end of the year, which if realised would put volumes up 45% on the year. The rise in exports reflects a significantgrowth in the nation’s domestic production. In. Read more...
The Uzbek poultry company Navobod Naslli Parranda has put the famous Tashkent poultry farm back into operation to meet the growing demand of hatching eggs. Already, the Tashkent poultry farm is supplying 20% of hatching eggs in Uzbekistan, owner Saidov said. The facility was built as a poultry farm in 1967 and stood completely abandoned for a number of years, according to Saidov. “Last year, we acquired all 50 hectares of the poultry farm.” Navobod Naslli Parranda has already rebuilt 45 production houses, installing the most modern imported equipment, including feed distribution unit from VDL, egg sorting complex Sanovo, both from the Netherlands. The. Read more...
Russia’s agriculture safety watchdog said on Thursday it had found traces of African swine fever in pork products in several regions, urging them to step up controls and make sure producers don’t use ill or infected pigs for production,Reutersreported. Genetic traces of the virus – which is highly contagious among pigs, but is not dangerous to humans – were detected in products from the Voronezh region in the central part of Russia earlier this year, the watchdog said. These products were then supplied to several other central regions of the country. “This is of particular concern as it poses additional risks of uncontrolled. Read more...
Agricultural production over 10 months of this year increased by more than 4%. This was announced by the Minister of Agriculture during the 26th international specialized exhibition "Prodexpo". Crop production increased by 10%, livestock by almost 5.5%. The profit over this period has also increased. Now the attention towards agricultural sector is great: the pandemic has caused a high demand on food around the world. Prodexpo invites guests to its site until the end of the working week. Two hundred participants from Belarus, countries of near and far. Read more...
The Russian Government will increase funding for agro complex to more than 331 billion rubles. The Russian government will increase funding for the state program for the development of the agro-industrial complex in Russia from 2022 to more than 331 billion rubles, said First Deputy Prime Minister Andrei Belousov, speaking at the Federation Council. "A large-scale program of support for the agro-industrial complex has been preserved and increased from 2022. Starting this year, it will include a program for the integrated development of rural areas. The program itself will increase - in 2021 it will amount to 288.5 billion rubles, in 2022 - 331.5 billion rubles.. Read more...
According to Rosstat, entire food production over the past eight months increased by 4.7%. According to Rosstat, food production over the past eight months increased by 4.7% entirely, compared to the same period last year. In August 2020, the increase was 3.5% against July and 1% against the level of August 2019. Food production and processing of agricultural products are still one of the growth drivers, according to the statistics department. In reference to August last year and following the results of eight months, growth in all types of meat is maintained by 10.8% and 11.5% accordingly. The dynamics of the increase in the production of dairy products slightly slowed. Read more...
Ukrainian poultry giant MHP allegedly uses letterbox companies in tax havens Luxembourg and Cyprus to avoid taxes to the Ukraine budget. “By routing finances provided by investors through its mailbox companies in Luxembourg and Cyprus, MHP has aggressively sought to avoid Ukrainian taxes,” says Vincent Kiezebrink, researcher at the Centre for Research on Multinational Corporations (SOMO) which conducted the research. “This is a company that has its roots as well as most of its operations in Ukraine, yet its parent company resides in Cyprus. MHP has shown to be willing to set up elaborate tax avoidance structures to avoid paying its. Read more...
Russian agricultural exports to China increased by 24% compared to the same period last year. More than 3.7 million tons of food products worth 3.2 billion dollars were shipped to China in the first 10 months of 2020. The country accounts for 14% of the total volume of all Russian agricultural exports. Such growth resulted due to increased exports of fat and oil products and meat products. China takes the lead among all Russian sunflower oil buyers with supplies increased 2.2 times to 447 million dollars. Soybean oil sales increased 1.8 times to 213 million dollars, and rapeseed oil sales increased by 30% to 179 million dollars. China accounts for about 65% of. Read more...
The First Deputy Minister of Agriculture Dzhambulat Khatuov held a meeting with federal authorities and the representatives of regional agricultural agencies, associations, and organizations. The situation on the Russian food markets was described as stable. Production volumes allowed for demand to be met, and no significant price fluctuations have been registered for basic food products. The meeting agenda included discussion of the autumn fieldwork progress. The gathering of grain crops is ongoing in Russia. As of 5 November, 134.5 million tonnes of bunker-weight grain have been gathered. Harvesting of industrial crops, vegetables, and potatoes is. Read more...
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