World meat industry news

January Update - what’s new in the poultry sector?

  • 6 Feb 10:32

We’re keeping our finger on the pulse and bring you a comprehensive summary of the latest business updates from the poultry industry worldwide. Biomin announces China-Austria joint laboratory of animal nutrition Biominhas unveiled a new China-Austria joint laboratory of animal nutrition in Beijing in cooperation with theInstitute of Animal Sciences of the Chinese Academy of Agricultural Sciences. “The new laboratory affords us the opportunity to further advance research in the fields of animal nutrition,mycotoxindetoxification and gut performance,” said Jan Vanbrabant, chairman of the executive board ofERBER Group, the research and management. Read more...

In December, the food prices in Russia rose 2 times faster than in the European Union

  • 5 Feb 11:13

Consumer food prices in Russia in December grew by 0.8% compared to the previous month. In 2019 the price of food increased by 2.7%, according to Rosstat. In the EU consumer prices for food last month increased by 0.4%. For the full year food prices rose 2.5 percent. In December 2019 compared to the previous month, consumer prices for food products among EU countries has increased most significantly in Poland, Hungary, Romania, Finland (by 1.0 and 1.1%); in annual terms – in Poland (7.2%), Bulgaria (7.0%), Hungary, Slovakia, Romania, the Czech Republic (5.1-6.5 per cent). In some countries the price of food has decreased. compared to November 2019 most. Read more...

Russia sets its sights on rebuilding feed industry

  • 5 Feb 11:12

The Russian government wants to pump billions into a major project to make the domestic feed industry more effective and efficient, but it’s likely to cost more. In early November 2019, the Russian Agricultural Ministry presented a new feed and feed additives development programme, in which it was officially acknowledged that feeding was the Achilles heel of the Russian livestock industry. “In recent years livestock production in Russia has increased, and farms have been using animals and birds with a high genetic potential, so it is impossible to optimise output without modern feeding technologies, high-quality feed and feed additives,” the Ministry. Read more...

Pork production increased 5.1% in 2019

  • 4 Feb 11:19

The Ministry of Agriculture of the Russian Federation reports that by the end of 2019, the growth of pig production for slaughter in live weight achieved 5.1% (year on year). The total volume of pig production in pig farms of all forms of ownership amounted to 5.04 million tons. The share of agricultural organizations is 4.4 million tons. The growth in this segment compared to the level of 2018 was 7.2%. The main increase in pork production in live weight was demonstrated by enterprises of the Pskov, Belgorod, Kursk, Voronezh regions. Read more...

Cherkizovo added 145,000 tonnes of chicken meat in output

  • 4 Feb 10:59

In 2019, Cherkizovo has increased its chicken meat production to 766,000 tonnes in live weight, adding 145,000 tonnes in output, according to a press release from the company. The results secured Cherkizovo's position at the top of the Russian poultry industry, with 121,000 tonnes more than its closest competitor's. This is the second year in a row for Cherkizovo to rank as the main poultry producer in Russia. The Company’s poultry division enjoyed a great deal of success in 2019. One of the milestones was China’s decision to open up its market to Russian poultry, which led to increased output and provided a significant boost to Cherkizovo's. Read more...

Cherkizovo Group strengthens its position as broiler meat market leader in 2019

  • 3 Feb 11:31

Cherkizovo Group (Petelinka and Cherkizovo brands) has topped the National Union of Poultry Farmers' list of Russian chicken meat producers, dramatically increasing its margin of victory compared to the previous year. In2019, the Union came up with its first ranking of Russian poultry producers. Cherkizovo Group came on top of the list leading the charge in terms of chicken meat output (766,000 tonnes in live weight). With 145,000 tonnes added in one year, the Company demonstrated the highest year-on-year growth among its peers. Cherkizovo remains the country's top chicken meat producer for the second year in a row. According to the Union,. Read more...

Cherkizovo Group boosts exports by 38% in 2019

  • 3 Feb 11:30

Cherkizovo Group (Petelinka and Cherkizovo brands), Russia’s largest meat producer, has reported a significant increase in its global exports, boosting them by38% in2019. In monetary terms, the Company’s overseas sales surged by 78%. In 2019, Cherkizovo Group's exports totalled 50,000tonnes, up 38% from the previous year. This growth was mostly driven by the poultry market, which recorded a 50% increase to 34,000tonnes following China’s decision to open up its market to Russian companies last year. This market accounted for over 40%, or 14,000tonnes, of the Company’s poultry exports. “The green light given to Russian poultry by China has. Read more...

Cherkizovo Group announces operating results for December, the fourth quarter and full 2019

  • 31 Jan 08:41

Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for December, thefourthquarter and full 2019. Fourth quarter 2019 highlights: Chicken:Sales volume growth of 22% y-o-y is mainly attributed to the full integration of the assets that the Group acquired at the end of 2018. Average sales price declined by 3% y-o-y and 2% q-o-q. Turkey:JV Tambov Turkey sales volume of 11.2 thousand tonnes increased by 17% y-o-y and 2% compared to the previous quarter. Average sales price of 176 rub/kg declined 6% y-o-y and increased by 10% q-o-q. Pork:Production and sales volume were higher, compared to. Read more...

Oreshkin Says Foreign Investors Optimistic about Changes in Russian Economy

  • 30 Jan 08:55

International companies are optimistic about the changes taking place in the Russian economy, positively assess the change of government and are ready to increase investment, said Adviser to the President of the Russian Federation Maxim Oreshkin in an interview with Russia 24 (VGTRK) following the results of the World Economic Forum in Davos. Photo:russiabusinesstoday.com “Their mood (foreign investors) is very positive (regarding what is happening in Russia),” Oreshkin said following the meeting of the Advisory Council on Foreign investment during the World Economic Forum held in Davos. “Investors see the initiatives that have been laid down in. Read more...