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...
The Russian economy is very likely to experience monthly deflation in August, but consumer prices will be up 4.4-4.5% in year-on-year terms, the economy ministry said on Wednesday,accordingtoReuters.Deflation may come at 0.2-0.0% due to falling prices for vegetables and fruit, the ministry said. Annual inflation in Russia slowed down in July 2019 to 4.58% after 4.66% in June, the Economic Development Ministry said in a report on Wednesday. “In July 2019, annual inflation continued to slow down — to 4.58% after 4.66% a month earlier,” the report stated. An increase in consumer prices was mainly driven by adjustment of tariffs on housing and public. Read more...
While Washington and Beijing are still having a hard time finding a way out of their economic standoff, Moscow’s been busy with new opportunities that are opening up for its exporters on the Chinese market. The end of July brought good news to Moscow - Chinahad removedall restrictions on imports of soybeans from Russia, a decision that the Kremlin considers a “huge breakthrough”, as Beijing has long been restrictive towards Russian agricultural goods. Themediawas quick to tie this decision to the ongoing economic standoff between China and the U.S., who has been one of the main suppliers of soybeans to China over the past few years.. Read more...
The value of imported food in Russia has reduced by 31.2% in the five years since President Vladimir Putin imposed a ban on western imports as a response to U.S. and EU sanctions,RIA Novostireported. Russian food imports have dropped from $43.3 billion in 2013 to $29.8 billion in 2018, following an extensive import substitution program on all levels, the Agriculture Ministry said in a statement. “Thanks to the implementation of the import substitution policy, Russia has achieved and outstripped the threshold values of the Food Safety Doctrine for a number of key food products,” the ministry stressed. In particular, in the segment of grain and leguminous. Read more...
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