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...
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...
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...
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...
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...
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’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...
The Russian pig industry is actively developing, raising investors' interest. Over the past 5 years, the industry's output has increased 1.3 times by 1.2 million tons. The level of self-sufficiency in 2019 reached 103%. The positive trend has continued this year: in January-March pig production from all categories of farms totaled 1.28 million tons, which is 11.3% or 130,600 tons more than for the same period last year. According to forecasts by the Ministry of Agriculture of Russia,by 2025 production volume is expected to increase by at least 760,000 tons. The industry faces the important task oftransitioning from accelerated import substitution to. Read more...
President Sjavkat Mirzijojev of Uzbekistan has ordered the distribution of 50,000 live birds among the population to mitigate the negative impact the Covid-19 pandemic has had on Uzbekistan’s poorer citizens. The live birds will enable families to produce animal protein in their own backyard. In its fight against poverty, the government is embarking on a large-scale bailout programme, according to a statement posted on the government’s website. An estimated 450,000 households would see their incomes plummeting because of the pandemic, the President’s office said. This is further exacerbated by unemployment, which is currently on the. Read more...
Supplies of Russian pork, beef and offal to Asiacan grow by 60%, and poultry meat - by 54%. According to the optimistic scenario, supplies will grow by 80-100%, as forecaststhe National Rating Agency. Export will increase due to the expanding presence in the market of Vietnam and Asia as a whole: domestic meat production there suffers due to African swine fever. Last year China reduced pork production by more than. Read more...
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