World meat industry news

Russian pig production grows 4,7% in 9 months

  • 31 Oct 09:54

The highest growth rate was registered in the following regions: Pskov, Belgorod, Voronezh, Kursk, Lipetsk and Krasnodar territory. Slaughter pig production grew 4.7% in January-September 2019 to 3.55 million tons (+157.9 thousand tons y/y) in all categories of farms. Export of pork meat was also on rise and amounted to 31.6 thousand tons (including shipments to EAEU), which is 43.5% more than for the same period in 2018. Currently, the key factors influencing the development of all domestic livestock production are the formation of a modern pedigree base, the development of logistics, the strengthening of veterinary protection and rising export. Read more...

In September pork prices decreased by 0.9% compared to August

  • 30 Oct 09:57

In September pork prices on the Russian market fell by 0.9%, according to the Unified Interdepartmental Statistical System (EMISS). In the first autumn month of 2019, the average price of pork, except of boneless meat, decreased by 0.9% compared to the August price and amounted to 270.56 rubles per kilogram. Compared to September last year, pork price fell by 1.1%, and in January-September of this year, prices fell by 1.8%. Since the beginning of January 2017, the average price of pork was the lowest in March 2018, when one kilogram cost 248.73 rubles. The maximum pork price was recorded in January of this year: 275.54 rubles per kilogram. The highest price level,. Read more...

An industrial park for deep processing of mutton will be built in Dagestan

  • 30 Oct 09:57

An industrial park "Nogayprom" - several centers for the production of mutton, wil be built in the Nogai district of Dagestan. According to the acting Minister of Economy and Territorial Development of the Republic, Haji Sultanov, this is an economically sound decision. Linking meat processing centers in the immediate vicinity of grazing sites will save livestock breeders from the loss of mass of sheep during long hauls of tens of kilometers. The construction of an industrial park will allow abandoning the export of live sheep in favor of products with high added value. Sultanov noted that livestock resources in Dagestan are sufficient to ensure the supply of. Read more...

For nine months of 2019, Russian mutton price went up by 15.7%

  • 29 Oct 11:02

Unified Interdepartmental Information Statistics System (EMISS) published a summary of September mutton prices in different regions of the Russian Federation. In September 2019, the highest possible prices for mutton was recorded in the Central Federal District of Russia, where the average September price of this type of red meat was 512.54 rubles per kilogram. At the lowest price (378.36 rubles per kilogram), mutton was sold in the stores of the North Caucasus Federal District: the average price of mutton, except for fillet, amounted to 420.39 rubles per kilogram. Compared to August, it slightly decreased (by 0.02%), but at the same time increased by 14.2%. Read more...

In September, the average price of chicken in the Russian market was 146.78 rubles per kilogram

  • 29 Oct 11:01

The average September price of chicken in the Russian market was 0.1% lower than in August, according to the data from the Unified Interagency Statistical System (EMISS). Chilled and frozen chicken at the beginning of the fall season cost an average of 146.78 rubles per kilogram. Compared to September 2018, its price increased by 5.9%, and over the three quarters of the current year decreased by 4%. The minimum price of a broiler carcass since the beginning of 2017, 121.77 rubles per kilogram, was set in April last year. The maximum price was recorded in January of this year, when it grew up to 152.92 rubles per kilogram. The most expensive chicken in September 2019. Read more...

Germany’s Metro Consolidates as Russian Business Improves

  • 28 Oct 10:48

German wholesale groupMetrohas achieved its sales targets in the 2018-2019 fiscal year with a total turnover of $33.3 billion, the company announced on Thursday,accordingto Finanzmag.com. Metro’s business in Russia has improved compared to the previous year but the market environment remained “nevertheless challenging” as turnover in Russia still declined by 4.3 percent in 2018-2019. Eastern Europe excluding Russia as well as Asia, where turnover increased by 6.3 percent and 5.1 percent respectively, would remain the “main growth drivers” for Metro, said the company’s CEO Olaf Koch. Turnover in Western Europe excluding. Read more...

Russia, China and EAEU States Support Open Trade Policy

  • 28 Oct 10:47

Russia, China and Eurasian Economic Union (EAEU) member states support the policy of free and predictable trade, a joint statement on the agreement on trade-economic cooperation between the EAEU and China informs, TASSreported. “We express our commitment to open, steady and predictable trade policy, which supposes inclusive participation of all interested partners on a non-discriminatory basis. We announce that the agreement on trade-economic cooperation between the Eurasian Economic Union and the People’s Republic of China has entered into force,” the statement informs. The sides also noted that the agreement would facilitate the development. Read more...

Russia in Total Domination of Trade Within EAEU

  • 25 Oct 10:57

Russia accounted for 96.9% of all trade within the Eurasian Economic Union (EAEU) in 2018, with trade among the four smaller countries accounting for the remaining 3.1%,Eurasianetwrites. In comparison, the largest nation in the bloc in 2000 accounted for 98.6% of trade between the five countries that would one day form the EAEU. 19 years ago, the total volume of trade between these countries was worth $14.1 billion. Of this, turnover between Russia and the four other members stood at $13.9 billion. The total value of trade within the bloc rose steadily over the next decade or so, reaching a peak of $73.1 billion in 2012. Then the 2014-16 regional slowdown (driven by. Read more...

Cherkizovo Index - industrial meat supply (IMS) in Russia

  • 25 Oct 10:54

Industrial Meat Supply Index (IMS) moved up 2% in Jan - Sep 2019 (all changes in percent are year-on-year in this presentation). • The index increased by 5% in September driven by supply growth of all major meat types. • IMS Index of poultry didn’t change in Jan - Sep 2019. • In September the index increased by 2%. In our view (there is no official statistics for different species) both chicken and turkey supply slightly moved up. • IMS Index of pork in Jan - Sep 2019 increased by 7%. • The index rose 11% in September. Domestic production jumped by 13%. • IMS Index of beef in Jan - Sep 2019 decreased. Read more...

Russian-Chinese cattle farm to be built in Transbaikalia in 2020

  • 24 Oct 11:11

The head of the farm, Marina Pichueva from the Shilkinsky district of the Trans-Baikal Territory, together with partners from China prepared a project for the construction of a farm for 2,000 cattle, the regional agency “ Zabmedia ” reports. Investors on both sides are ready to invest 50 million rubles in the implementation of a farm project with their own production. According to Zabmedia, construction of the farm will begin in 2020. The project will be accompanied by the Trans-Baikal Territory Development Corporation. Now investors are looking for the opportunity to buy or rent 500 hectares of land for long-term lease. It is planned to place a housing. Read more...