World meat industry news

Duck production may grow to 65 thousand tons by 2024

  • 22 Jul 11:30

According to the forecast of the Rosptitsesoyuz, in 2020 the production of duck meat in agricultural enterprises may grow 2.4 times compared to the figure for 2019. Such an increase will be facilitated by the launch of the Ulybino poultry farm (the planned capacity is 18 thousand tons of duck meat per year by 2024), the resumption of production on the basis of the Rostov Donstar by Damate, as well as the start of operation of the duck complex of the Russkoe Pole agricultural holding. In the next five years, it is planned to increase the production volume of the farm "Ramaevskoye" (Tatarstan) - up to 16.8 thousand tons. The "Bryukhovetsky rabbit". Read more...

Cherkizovo struggled with prices and export opportunities

  • 21 Jul 12:32

Сherkizovo Group, the largest vertically integrated meat producer in Russia, announced this week operating results for June and the second quarter of 2020. Chicken:Sales volume of 168.3 thousand t declined by 2% y-o-y. Sales volumes of the premium brand Petelinka was in line with the results of the previous year, while volumes of Chicken Kingdom branded produce added 3% y-o-y. The company also significantly added export volumes, as foodservice demand remained well below the levels of the last year due to Covid-19 restrictions. Average sales price increased by 6% y-o-y. Turkey:JV Tambov Turkey sales volume of 9.6 thousand t up 8% y-o-y, with sales of. Read more...

Russia to be the most important meat supplier in the world

  • 21 Jul 12:31

In the annual forecast of the Food and Agriculture Organization (FAO) of the United Nations the role of Russia in the world meat market is ignored, Russian industry experts say. According to FAO forecasts, meat production in Russia by 2029 will grow from 10.5 million to 11.36 million tons, and exports - from 279 thousand to 338 thousand tons. Meanwhile, according to Daria Snitko, head of the Gazprombank Center for Economic Forecasting, the production of pork and the export of meat (of all types) this year will reach the figures given in the report for 2029. And poultry production will increase by 10 percent by 2025 - four years earlier than FAO. Read more...

Rabobank: Global poultry outlook to improve in H2 2020

  • 20 Jul 11:01

Global poultry sector to recover in next half of year but problems still exist in Europe according to Rabobank analysts. Demand for poultry will be more bullish globally in the second half of the year as the Covid-19 containment measures on the restaurant and hospitality sectors are eased. But issues affecting Europe may mean that overall production on the Continent is lower this year, according to 2 reports released earlier this month. Back in March at the beginning of the Covid-19 pandemic Rabobank analysts looked at what the impact would be on the markets. Find out more... Rabobank’s Quarter 3 study argues the outlook is gradually improving following the storm. Read more...

Up to 40% of restaurants and hotels in Moscow may go to new owners due to coronavirus

  • 20 Jul 10:59

About 40% of the restaurant and hotel business in Moscow may be transferred to new owners due to the consequences of the coronavirus pandemic, the Moscow Commissioner for the Protection of the Rights of Entrepreneurs Tatyana Mineeva told TASS on Wednesday. "If we talk about the hospitality industry, in particular the restaurant and hotel business, it is expected that up to 40% of the business will not survive. It doesn't mean that it will die off, it just means that the current owners will not be able to continue with it. For example, in shopping centers restaurants can go to the owners of these shopping malls," she said. This forecast is due to the. Read more...

Why China increases import of Russian products

  • 17 Jul 11:15

China, fearing a new round of trade confrontation with the United States, is increasing food imports from Russia - this year, its import first came in second place after oil - contributing to Russia's image as an environmental supplier. Experts told RIA Novosti, how it was possible to achieve such results and evaluated the prospects for further deliveries of products to the PRC. According to the main customs department of China, in the first five months of 2020, exports of agricultural products and products from the Russian Federation to China grew by a quarter and amounted to $ 1.8 billion. Thus, for the first time in history, food products were second after oil. Read more...

Trading Turnover between Russia and China Down 5.6%

  • 17 Jul 11:06

Trade turnover between Russia and China dropped by 5.6% in January-June period of 2020 year-on-year to $49.15 billion, according to the data released by China’s General Administration of Customs on Tuesday, as reported byTASS. Exports from China to Russia lost 6% in the reporting period to roughly $20.94 billion, while Russia’s imports to the People’s Republic of China decreased by 5.3% year-on-year to $28.21 billion. Russia’s surplus account amounted to $7.27 billion in six months, down by 2.9% compared with the same period last year. In 2016, Russia-China trade turnover grew by 2.2% in annual terms to $69.52 billion. In 2017, it. Read more...

Belarus-made halal products presented in UAE

  • 17 Jul 11:05

The Belarusian food industry will increase exports of halal products manufactured according to strict standards of Muslim countries. The work with the "far arc" market is already showing its promise. Since 2018, the State Committee for Standardization has been issuing Halal certificates in Belarus. The largest market where Belarusian halal products are already represented is the United Arab Emirates. Work is also underway to assign Belarusian manufacturers the "Organic Product" conformity mark. Now 4 Belarusian enterprises are applying for. Read more...

Russian agricultural exports to Japan is up by 21% since the beginning of this year

  • 16 Jul 11:00

On July 14, the Russian-Japanese Dialogue was personified by the deputy ministers of the agrarian bodies of Russia and Japan, Sergei Levin and Makoto Osawa, who discussed the prospects of expanding bilateral fish and agritrade In January-May 2020, compared with the same period last year, the agricultural turnover has been increased by 14% and amounted to $86 million, whilst Russian deliveries over the specified period increased by 21% (up to $67 million). The key items of Russian exports to Japan are frozen fish, crustaceans, corn, wheat and meslin. “Russian grain export potential is growing much, so, due to geographical proximity of our countries, we consider. Read more...

Cherkizovo Group and Spain’s Grupo Fuertes on Tuesday opened a new facility of Tambov Turkey

  • 16 Jul 10:58

Cherkizovo Group and Spain’sGrupoFuertes on Tuesday opened a new facility of Tambov Turkey (Pava-Pavabrand), the second largest turkey meat producer in Russia. The opening ceremony was attended by OksanaLuth, Deputy Minister of Agriculture, and AlexanderNikitin, Head of the Tambov Region Administration. The second stage of Tambov Turkey will boost the facility’s production capacity by 1.5times to 85,000tonnes per year. Theceremony took place on Tuesday in thePervomaysky District of the Tambov Region. The new facility consists of three finisher sites and one nursery site, as well as a slaughterhouse, feed mill, incubator, and motor transport unit. The complex. Read more...