World meat industry news

Pig prices in Russia are dropping below the cost of production

  • 24 Dec 13:07

Pig prices in Russia are dropping below the cost of production Russia is about to experience a situation that hasn't been reported in this market since 2010 as sales price for pigs are lower than the cost of production! Production continues to increase, domestic consumption is static, and feed raw material prices are increasing by 20% to 25%. Current sale price is fluctuating weekly between 100 and 110 Roubles per kg (US1.36 to $1.50) with the average cost of production stated to be at about 92 Roubles ($1.26), said the latest report from Genesus Inc. While increasing pork exports may be difficult for Russian producers due to ASF issues, a campaign to encourage pork consumption may be the key to avoid a disaster in. Read more...

Russia likely to have 6 million pigs by 2025

  • 24 Dec 13:06

Russia likely to have 6 million pigs by 2025 Russia’s pig population is set to grow from 4 million in 2019 to 6 million by 2025, Jambulat Khatuov, deputy Russian Agricultural Ministry, said at a recent conference in Moscow. The growth of the Russian pig industry is about to accelerate on the back of sustainable growth in domestic consumption as well as exports. Over the past 5 years, Russia’s pig inventory grew by 1.2 million head, Khatuov said, adding that commercial farms accounted for nearly 90% of that growth. The growth of Russia’s pig industry captured on camera with a healthy litter of piglets drinking milk on a farm in Lipetsk region. - Photo: Vincent ter Beek Currently,. Read more...

Russia, Saudi Arabia to Sign Cooperation Roadmap in 2021

  • 23 Dec 01:41

Russia, Saudi Arabia to Sign Cooperation Roadmap in 2021 Russia and Saudi Arabia plan to adopt a roadmap on trade and economic cooperation, Russian Deputy Prime Minister Alexander Novak said at a briefing after holding talks with Saudi Arabia’s Minister of Energy Prince Abdulaziz Bin Salman in Riyadh on Saturday,TASSreported. “Today we have also come to an agreement, and the roadmap enhancing our trade and economic cooperation has been drawn up. We agreed to sign it within the first half of next year,” he said. Novak pointed out that “in 2020, our trade has grown by nearly 60% compared to last year.” Russian Deputy Prime Minister Alexander Novak held a meeting with Saudi Arabia’s. Read more...

German investments in Russia back on track despite pandemic crisis & Western sanctions

  • 23 Dec 01:39

German investments in Russia back on track despite pandemic crisis & Western sanctions German businesses’ direct investments in the Russian economy totaled €1.3 billion in the nine months to September, according to the Russian-German Chamber of Commerce. The volume of investment in the third quarter alone amounted to €700 million and offset the plunge seen from April through June, according to Bundesbank data, cited by the business lobby. The Russian market offers good prospects for German corporations, along with high consumption potential, according to Rainer Seele, the president of the chamber. Seele added that the drop in investments recorded in the second quarter was connected to the Covid-19 pandemic. Moreover, the amount of. Read more...

Russia trials COVID-19 vaccine for domestic animals, including mink

  • 22 Dec 12:18

Russia trials COVID-19 vaccine for domestic animals, including mink Russia is close to completing clinical trials for a COVID-19 vaccine for domestic animals and mink and expects to begin the regulatory approval process in February, according to Russia’s agricultural safety watchdog. The Federal Centre for Animal Health began developing the vaccine in spring after the authorities established the virus could be passed from humans onto some domestic animals. Russia became the first country to give regulatory approval to a human vaccine -- Sputnik V -- in August, and is in the process of rolling it out across the country. Over 150,000 people have already received it. The Russian animal vaccine is aimed at rabbits, mink, cats. Read more...

Azerbaijan, Russia mull economic cooperation

  • 22 Dec 12:16

Azerbaijan, Russia mull economic cooperation Bilateral cooperation between Azerbaijan and Russia was discussed during the meeting between Economy Minister Mikayil Jabbarov and Russian Ambassador to Azerbaijan Mikhail Bocharnikov, the ministry reported on December 21. During the meeting, the minister noted that Russia is one of Azerbaijan’s main trade partner and a leader in non-oil exports. In addition, he emphasized the successful cooperation and great potential in cooperation between two countries in agriculture, industry, transport and transit, investment, tourism and other fields. In turn, ambassador underlined the high level of political relations between the two countries and shared his views. Read more...

Agricultural production in Belarus increased by 4.9% in January-November 2020

  • 21 Dec 12:59

Agricultural production in Belarus increased by 4.9% in January-November 2020 The production of agricultural products in farms of all categories (agricultural organizations, peasant farms, households) in January - November 2020 amounted to 21.7 billion BYN ($844.36 million) and increased by 4.9% y-o-y in comparable prices, IA BelTA has learned from the National Statistical Committee. Agricultural organizations produced products valued at 18 billion BYN ($700.4 million), or 7.1% up in comparable prices than in the corresponding period of the previous year. Almost 1.7 million Mt of livestock and poultry in live weight were grown in farms of all categories, which is 3% more than in January - November 2019, including 1.631 million Mt. Read more...

Meat production in Tajikistan increased by 5.5%

  • 21 Dec 12:58

Meat production in Tajikistan increased by 5.5% According to REGNUM news agency with reference to the statistics agency of Tajikistan, the number of cattle in the country as of November 1, 2020 amounted to 2.3 million thousand head, which is 0.9% more than a year earlier. Within January-October of this year, meat production in the republic amounted to 170.8 thousand Mt, which is 5.5% up against the same period of 2019. Edition “Avesta” notes that meat prices in Tajikistan remain relatively high, so for many families in the country, meat is an unavailable choice. The average beef price is about 53 - 55 somoni ($4.7 - 4.9) per kg, while the average salary in Tajikistan is 1426 somoni (about $126). In other. Read more...

The Declining Population Of Ukrainian Poultry

  • 21 Dec 12:57

The Declining Population Of Ukrainian Poultry Statistical surveys conducted by government systems show that Ukraine’s poultry population has fallen by more than 8% over the past year. Ukrainian agricultural economists say the weakening economic system and government irresponsibility have posed serious financial and monetary threats to the country’s poultry industry. Hence, many are trying to restructure the country’s debt. According to a recent report, Ukraine has lost more than $ 1 billion in foreign exchange earnings from cereal export over the past two years.On the other hand, the International Monetary Fund has also opposed the provision of emergency financial assistance to. Read more...

Russian harvest season is over

  • 18 Dec 13:15

Russian harvest season is over The 2020 harvest season marked the end in Russia. Despite unfavourable weather conditions in some regions and the pandemic, work proceeded as planned. Farmers were fully supplied with fertilisers and other resources. Cereals and leguminous crops have been threshed from an area of 46.4 million hectares, with the gross harvest in the originally reported weight of 138.1 million tonnes (126.7 million tonnes in 2019). This year, Russia has had a significant wheat harvest of 88.1 million tonnes in bunker weight (77.9 million tonnes in 2019). The gross harvest of barley amounted to 22.2 million tonnes, maize grain to 14.3 million tonnes, rice to 1.2 million tonnes,. Read more...