The ruble proved resilient to other emerging-market assets collapsing on Monday, after the latest round of U.S. sanctions proved less severe than investors feared,Bloombergreports. While developing-nation assets tumbled on Monday as the U.S.-China trade warescalated, the ruble climbed for the first time in seven sessions and bonds were flat. Russian markets slid on Friday after initial reports of the new restrictions, which for the first time extended to the official debt. “The draconian sanctions that many had in their negative scenarios weren’t realized,” said Valery Vaisberg, head of research at Moscow-based investment houseRegion. “The. Read more...
Russia is full of stories. From a visit to Cherkizovo’s brand new sow farm, called ‘Dankov Lipetsk 89’, a range of interesting tales came together. Today, part IV of a four-part series from pig-producing Russia: What are Cherkizovo’s aims for the future? In the previous episodes of the ‘On-farm in Russia’ series,Pig Progresslearnt about the motivations and size ofRussian swine integrator Cherkizovo, wentinside a modern swine farm near Lipetskand copied down the take-home messages fromCherkizovo’s experiences with ASF. Add all these ingredients together and an exciting cocktail comes into existence. A highly efficient. Read more...
With cost of production at about 65 Roubles ($1.03) for the best producers, the period of high profitability for the Russian pig industry rolls on and on. ig price in Russia is 113.50 Roubles per live kg (US$1.77). Goes to show what’s possible by restricting imports! Just like everywhere else in the world today, most of the talk in Russia is about China and the effects the dramatic loss of pig production in China will have on the Russian market. Currently pork can’t go from Russia to China as Russia is ASF positive as a country. Russia has not seen the recent rise in price seen in other countries that are exporting to China. Currently the. Read more...
The Indonesia-Russia Business Forum held in Moscow on Thursday has yielded 13 memoranda of understanding (MoU) between companies of both countries,Ramblerreports. Several government officials including Indonesian Ambassador to Russia and Belarus Wahid Supriyadi, Yogyakarta Governor Sultan Hamengkubuwono X, Central Java Governor Ganjar Pranowo, and Russian Deputy Minister of Trade and Industry Alexey V. Gruzdev bore witness to the inking of the agreements. “MoUs spanning some business sectors, including furniture, palm sugar, and other food products, were signed today,” Indonesian Ambassador to Russia and the Republic of Belarus Wahid Supriyadi stated on. Read more...
In 2019, Russian veterinary services anticipate that a total of 54 outbreaks of African Swine Fever (ASF) will be registered in the country, according to the Russian Agricultural Ministry. This is lower than in 2018 and 2017 when 56 and 188 outbreaks were registered, respectively, and is believed to be the lowest figure in the past decade. Yuri Kovalev, general director of the Russian Union of Pork Producers, told the Russian newspaper Agroinvestor that at least half of the industrial pork producers in Russia had been hit withASFwithin the past 10 years. He added that the pig industry had responded by implementing the highest safety standards, as well as. Read more...
Russian pig integratorCherkizovomay be applying a lot of US knowledge, but in terms of biosecurity it exceeds the US standards. For perfectly logical reasons though, given that Russia has to deal with outbreaks ofAfrican Swine Fever(ASF), a virus that never entered the USA and which is hoped will stay that way as well. Additional biosecurity measures by Cherkizovo Transportation • Investments in long-haul trucks, including heated trailers and filtered trailers for multiplication (almost US$ 10 million); • Strict movement control with GPS tracking in feed and live haul trucks; • Trucks are only allowed to. Read more...
German companyGebr Heinemannhas expanded its presence in Russia by acquiring Kapo Duty-Free, the country’s leading border-shop duty-free retailer,TRBusinessreported. Kapo operates 12 border shops as well as three smaller regional airport stores in Russia. It has been a Gebr Heinemann wholesale customer for over 20 years, Heinemann noted, referring to “a good, long-standing partnership between the two companies”. Kapo’s main border shops are in Torfjanovka and Svetogorsk (on the Russian/ Finnish border) and in Zabaikalsk (on the Russian/Chinese border). In the future, Gebr Heinemann will be represented in Russia with around 12 border shops. Read more...
The Russian poultry production shrank by 5.1% to 1.5 mill. t in the first five months of the year, with frozen poultry production down by as much as 24% year-on-year. Production began falling after consistent growth over the past ten years. The production shrank in North-West federal district, in Urals and Far East, but most noticeable decrease was seen on the Russia's south, according to the Russian State Statistical Service Rosstat. Overall sales on the Russian market fell by 4% compared to the same period of the previous year, Sveltana Fyodorova, general director of the Russian consulting agency Express Obzor estimated. The domestic poultry market. Read more...
Russia’s Analytical Credit Rating Agency (ACRA) has joined analysts around the world predicting a new global economic downturn which could hit Russia severely, Nezavisimaya Gazetawrites. The agency’s analysts are predicting that the new crisis will begin at the end of this year. According to them, the Chinese-American trade war will trigger a recession in the United States (-0.7% GDP) in 2020, while China will only face a slowdown in growth rates of 4-4.5%. The decline in the global trade growth rate will lead to a drop in demand in Russia’s traditional export goods, namely raw materials, ACRA said. Experts polled by Nezavisimaya. Read more...
From a visit to Cherkizovo’s brand new sow farm, called ‘Dankov Lipetsk 89’, a range of interesting tales came together. Today, part I of a four-part series from pig-producing Russia: owning company Cherkizovo. “Soon after I had moved to Russia, I realised I had made a huge mistake in doing so,” says US citizen Brad Heron with a smile. Having had various jobs in the US swine industry, he decided in 2014 to accept the challenge to become director of the pork division at integratorCherkizovo. He had barely started, whenAfrican Swine Fever(ASF) broke on a 36,000 head finisher farm in the Orel region. The farm was owned by Cherkizovo. It was. Read more...
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