The combined impact of the coronavirus outbreak and the breakdown of the OPEC+ oil production pact between Russia and Saudi Arabia has brought sharp volatility to Russian stock markets and swings in the value of the ruble,The Moscow Timeswrites. Oil pricesfell againFriday as investors grew increasingly nervous over Mexico’sreluctanceto sign up to the deal to cut oil output by 10 million barrels per day — threatening to derail the whole agreement. Brent crude oil was trading at $31.50 a barrel as the Moscow trading session came to a close. — The ruble bounced around throughout the day but recorded no change on its starting level of 73.8, as. Read more...
The lockdown imposed over the coronavirus outbreak has caused a significant drop in customer traffic at Russian grocery stores,Vedomostireports citing Sergei Belyakov from the Retail Companies Association (ACORT). According to him, the number of customers at convenience stores fell by 20-30% between March 30 and April 5, compared to the week of March 16-22, when the demand for goods with long shelf lives, hygiene items and toilet paper was sky-high. The situation is similar in hypermarkets, where customer traffic has plummeted by 40-60%. Customers don’t have detailed information about the rules of shopping during the lockdown, they don’t know whether they. Read more...
Cherkizovo Group, Russia's largest meat producer, has joined the global StayHome campaign. We believe this message to be of crucial importance for each and every one of our customers: amid the COVID-19 outbreak, minimising social contact is the simplest way to protect themselves and their loved ones. From today, Cherkizovo Group will temporarily change its corporate logo by placing it inside an image of a house. By doing so, we are joining the international StayHome campaign, which has now been endorsed by many Russian organisations across various industries. The new logo has already been rolled out on the Cherkizovo Group's official website at cherkizovo.com and. Read more...
ABH Miratorg, the biggest pork and beef producer in Russia, informs about being the first among Russian producers to start exporting high quality beef to China. Within the first shipment the company sent 200 tons of products. Miratorg is the biggest beef producer in Russia. Investments of the company into the interregional project of beef cattle breeding exceed 100 billion rubles. 98 cattle farms are built in 6 regions of the Russian Federation while the total population of the specialized beef breed Aberdeen Angus so far exceeds 700 thousand heads what allows meeting growing demand in raw materials both in Russian and world markets. In 2019 the volume of beef. Read more...
Cherkizovo Group, Russia’s largest meat producer, pledged its financial support to the #Wearetogether volunteering campaign. Its aim is to provide vulnerable elderly people, in different regions of the country, with all the essentials they need during the self-isolation period. This week, Cherkizovo Group joined the #Wearetogether campaign, helping to provide support for elderly residents during the current pandemic. This campaign was launched by the All-Russia People’s Front (ONF) on March 18, with support from the Roscongress Foundation; the Association of Volunteer Centres; Medical Volunteers, a public movement of healthcare volunteers; Volunteers of. Read more...
Belarus has restricted poultry imports from Lubusz Province (Poland) and Saxony-Anhalt (Germany) due to the avian flu outbreak, BelTA learned from the Veterinary and Food Control Department of the Agriculture and Food Ministry. The World Organization for Animal Health reported on cases of high pathogenic avian influenza (H5) in the above-mentioned areas. In this regard Belarus has introduced restrictions on the import of live birds, hatching eggs, wild, zoo and circus susceptible animals, poultry meat, egg powder and other food products from processed eggs, down and feather, hunting trophies (bird game), and other products from Lubusz Province from 3 April and. Read more...
On 3 April, the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) lifted restrictions on supplies of certain meat products made by two Belarusian enterprises, BelTA learned from the website of Rosselkhoznadzor. Borisov Meat Processing Plant No. 1 and Minsk Meat Processing Plant got green light to export to Russia sausage products and heat-treated meat products containing pork and beef. Minsk Meat Processing Plant is now also allowed to export canned meat and meat-containing products featuring pork and sausage products that do not contain pork. Eligible for export to Russia are products made as from 3 April. The products shall. Read more...
As coronavirus has swept all over the world, continuing to take lives, countries impose lockdown measures to contain the spread of the deadly pathogen. The World Health Organization has issued recommendations on what to eat during the quarantine. Assess what you already have at home and plan your intake. You might feel the need to purchase large amounts of foods, but make sure to consider and utilize what is already in your pantry, as well as foods with shorter shelf life,the organization said in a statement. According to it, panic buying behavior may have negative consequences, such as an increase in food prices, overconsumption of food and. Read more...
Russian pork producer RusAgro had to postpone negotiations about a pig project in China due to the recent coronavirus. That was shared by the company’s general director Maxim Basov at a press conference. Basov said thatRusAgroevacuated its team from China due to Coronavirus disease 2019 (Covid-19), and as a result there is a lot of delay and uncertainty. He added that the company is following the Chinese situation with bothAfrican Swine Fever(ASF) and Covid-19 and is waiting to see what the Chinese authorities’ policy will look like with regard to new construction projects. No progress in the negotiations Over the past 3 months there has been no. Read more...
The International Poultry Council (IPC) has appealed to FAO, World Trade Organization and OIE asking to support the poultry industry and guarantee its sustainable operation. The IPC worries that this might be jeopardised now, as it sees disruptions in breeding stock deliveries in some countries. A sharp reduction in airline traffic globally, caused by the Covid-19 pandemic could leave some companies without breeding stock and hatching eggs, IPC warned. International regulators and governments have to address that problem, IPC said. In the short-term, the current situation could cause some problems to animal welfare, because many eggs were placed in hatcheries before. Read more...
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