Damage to the Russian food-sector from the coronavirus will be minimal, possible failures will be compensated, said the head of the trade Committee of “Business Russia” Alexey Fedorov. In early February a number of large retailers have created a pool of potential alternative suppliers. Nutritionists called obligatory products for lent “the short supply of serious harm to the business, thus shopping online, always consider the worst case scenario and make a plan for crisis response”, – says Alexey Fedorov. He is convinced that Russian consumers are just not worth it to panic and purchase the products for the future. Russia. Read more...
Russian poultry exporters have to reduce their poultry exports to China because of overstocking at Chinese ports on the back of the continuing Covid-19 coronavirus epidemic in the country, Russian newspaper Agroinvestor reported. Russia exported 62,600 tonnes of poultry to China, representing $ 143.4 million, the Russian Agricultural Ministry estimated. Thanks to the opening of the Chinese market Russian companies managed to boost the overall revenue from poultry export by 65% to $ 329 million. Numerous Russian companies said they were going to expand poultry export to China even further in 2020. Lack of refrigerator containers for. Read more...
X5 Retail Groupadded around 1,245 new partners to its network of suppliers in Russia in 2019, the company said last week, according toDairy News. The retail giant aims to build long-term and mutually beneficial relationships with local producers through these partnerships. The move will help the company to expand its assortment of locally sourced goods in every region, and allow local producers to expand their businesses and access bigger markets. The company added new suppliers from 71 regions across eight federal districts in the country last year. The Central Federal District saw the highest number of new additions with 449 new partners registering. Read more...
The Minister of Agriculture Dmitry Patrushev held a series of assessment talks with Russian regions oncurrent export performance, and also outlined the goals for 2020 and subsequent years. He highlighted that the last year’s agricultural exports amounted to $25.5 billion againstthe planned $24 billion. 50 federal entities fulfilled and exceeded the preestablished targets. The leaders are Rostov Region, Krasnodar and Primorsky Territories, whilst Moscow, Sakhalin and Belgorod regions appeared to be the best in terms of volume growth. The export structure has also changed with increasing of the high value-added products share. This year, Russia is supposed to earn. Read more...
Both Russian households and corporates showed signs of a modest recovery in activity in January,INGanalysts said in areport, noting however that a further forecast is clouded, as it is unclear if more generous budget policy expected in 2020 can offset the potential negative effect of the coronavirus epidemic. Russian retail trade growth accelerated from 1.9% year on year in December 2019 to 2.7% in January 2020, ING Think said, naming December’s above-expected income growth as a potential reason for such an outperformance. Real salaries growth amounted to 6.9% year on year in December with the most notable growth in construction, trade, transport, finance. Read more...
A mixed bag of comments. That’s how various vaccine experts around the globe have responded to the recent news that Chinese scientists would have managed to develop a ‘safe and efficacious’ vaccine against African Swine Fever. There is optimism as well as questions, as it is unclear whether the vaccine could recombine to become virulent again. Earlier this week, the Chinese Harbin Veterinary Research Institute reported thata safe and effective live-attenuated vaccinewas developed by deleting 7 gene segments from the original virus. The Chinese researchers reported that the vaccine has been tested on both pigs and sows. Plum Island research also. Read more...
Diary products are in first place - 42.4%. Representatives of the Republic of Belarus told about the results of export deliveries during the Belarusian-Uzbek agricultural forum in Tashkent, writes The DairyNews. In the structure of dairy exports, the largest share is occupied by cheeses - 38.4%. Butter – 18.6%, skimmed milk powder - 15.3%, whole milk products - 14.3%. The CIS countries remained the main export destination for Belarus' dairy products in 2019 – 95.8%.. Read more...
Cherkizovo Group, Russia’s largest manufacturer of meat products, has improved the environmental performance of its production facilities. The result comes on the back of a 71% surge in the Company’s investment into environmental protection last year. In 2019, Cherkizovo Group implemented a number of projects to reduce the environmental impact of its facilities in the Moscow Region and in several regions of the Central Federal District. These included the renovation and modernisation of wastewater treatment plants, the refurbishment of wells and manure removal pipelines and the upgrade of aspiration and ventilation systems. On top of that, some facilities. Read more...
Belarusian farmers have started spring field work, the press service of the Belarusian Agriculture and Food Ministry told BelTA. According to the source, Belarusian farmers are busy tilling the soil, distributing organic fertilizers as well as potash and phosphorous fertilizers. If acceptable temperature conditions become available sooner than they did last year, Belarusian farmers will be able to start sowing early spring crops and leguminous crops. For that to happen, soil temperature has to be at least 5C above zero. The preparation of agricultural machines for the sowing campaign is nearly over. As of 2 March as much as 584,900 tonnes of active material of. Read more...
TheBank of Russiahas projected a 1.5% to 2% growth of the country’s economy in 2020 in its latest forecast, despite a rapidly spreading coronavirus outbreak across the globe and a drop in production in January, Kommersantreports. In itsreport, the central bank added that a heightened up domestic demand alongside an unprecedented growth in budget expenses would likely to ramp up Russia’s economic activity. The regulator also cautions a peevish growth momentum over the coming months as a number of newer cases of a novel Coronavirus infection had been rising rapidly. “A significant risk for the forecast remains the weakening of external demand. Read more...
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