Japanese government plans to allow import of chicken meat from Russia as a part of the agreement on the volume of bilateral meat trade. It would allow Japan to satisfy its growing internal demand.The final decision on the chicken meat import trade will be made on June 29 by the Russian president Vladimir Putin and Japanese Prime Minister Shinzo Abe during their meeting during the G20 summit in Osaka, writes Nikkei Asian Review. According to the publication, due to the concerns over potential infections Russian chicken meat will be inspected twice — in Russia and after it is imported to Japan. Only meat from Bryansk and Tula regions will be imported to Japan. Japan. Read more...
Economic ties between India and Russia in priority sectors should deepen and diversify to meet the bilateral trade target of $30 billion by 2025, India’s commerce ministry said on Tuesday, according toRegnum. This was emphasized by Russia’s Deputy Prime Minister Yuri Trutnev and Commerce and Industry Minister Piyush Goyal during a business session this week in Vladivostok. In 2018-19, the bilateral trade between the countries stood at $8.3 billion. A delegation including chief ministers of Indian states Haryana, Gujarat, Uttar Pradesh, and Goa and about 140 Indian companies were led by Goyal at the session. He urged companies of both countries. Read more...
Economic growth in Russia picked up to 0.9% in the second quarter of 2019 in year-on-year terms from 0.5% in the first three months of the year, preliminary data by the Federal Statistics Service (Rosstat) revealed on Monday,accordingto Reuters. The Russian central bank said in late July itexpectedthe gross domestic product (GDP) to grow at 0.5-1.0% in the second quarter, before accelerating to 0.8%-1.3% in the third quarter. “The growth rate of the Russian economy since the beginning of the year is below the expectations of the Bank of Russia. This is due to the weak dynamics of investment activity, as well as a significant decrease in annual export. Read more...
The Russian ban on imports of Western agricultural products, imposed as a response for EU and U.S. sanctions on the country, continues to hurt Dutch fruit growers, NOSreports. In June, President Vladimir Putin extended the food import ban to 2020. Fruit growers are now demanding Europe and the U.S. revise the sanctions which were put in place following Russia’s annexation of Crimea and its support for East Ukrainian separatists. “In 2014, 20% of our pears were destined for Russia,” says Gerard van den Anker, spokesman of fruit growers’ associationNFOtold the broadcaster. “Our loss over five years is hard to calculate but the fruit has to. Read more...
Rising disease pressures are challenging the global market, specifically African Swine Fever (ASF) which continues to negatively affect production in Asian countries and adds uncertainty to trade and production prospects in other parts of the world. This was one of the key messages from Rabobank’s RaboResearch quarterly report. ASFcontinues to threaten the global pork market, theRabobank quarterly reportstated, and while China’s pork prices begin to rise, production responses in the rest of the world appear cautious. Other factors, including disease management and the weather, are hindering production in Europe and Brazil. The resumption of Sino-US trade. Read more...
Cherkizovo Group (MOEX: GCHE), the largest vertically integrated meat producer in Russia, today announces operating results for July 2019. July 2019 July 2018 Change % y-o-y June 2019 Change % m-o-m Chicken Volume sold, thousand. Read more...
No cases of infection or death of cattle from anthrax have been recorded in Azerbaijan since 2005, spokesman for the Agency for Agrarian Services under Azerbaijan’s Agriculture Ministry Yolchu Khanvali told Trend. According to him, the epizootic situation in Azerbaijan associated with anthrax, as well as other infectious diseases of livestock, is currently stable. Noting that the causative agents of ulcers can live in the soil for centuries, Mr Khanvali said that preventive measures are being taken regularly to prevent animals from becoming infected with this and other dangerous diseases. He noted that 2,530,204 large-horned cattle, 7,185,984. Read more...
A positive effect from Moscow’s embargo on food imports from the West is reported by nearly one in two Russian businessmen, as their enterprises benefit from edging out Western rivals,Izvestiawrites citing research byBusiness Russia. The study reveals that 40% of entrepreneurs see only advantages from the exit of foreign producers from Russia’s market, while the other 60% have described the counter sanctions as negative. Some 2,000 businesspersons in the trade sector were questioned, 30% of whom are doing business in one or two neighboring regions, while only 2% operate across Russia. Since the restrictive measures were introduced in 2014, many. Read more...
Industrial Meat Supply Index (IMS) moved up 2% in Jan - June 2019 (all changes in percent are year-on-year in this presentation). • The index didn’t change in June. There was less beef and more pork at the market. Poultry supply dynamics was slightly negative. IMS Index of poultry didn’t change in Jan - June 2019. • In June the index decreased by 1%. • In our view (there is no official statistics for different species) the decrease is explained by diminishing chicken supply while turkey supply didn’t change. Chicken production fell in Tambov and hasn’t recovered in Rostov region. Domestic supply was also curbed by higher. Read more...
In its new global study,Cargillfound consumers had a hard-to-satisfy wish list for those who put food on our tables—with most claiming to feel knowledgeable about how our food is raised. Farmers should care most about “providing safe, healthy, abundant and affordable food,” said a majority of survey takers. Yet those same respondents would prefer their food come from smaller/speciality, local or organic farms—which can’t necessarily compete on cost. ©Cargill “Farmers are foundational to feeding the world in a safe, responsible and sustainable way,” says Pilar Cruz, president of Cargill’s feed. Read more...
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