World meat industry news

World Bank Lowers Growth Prediction for Russia’s Economy

  • 6 Jun 09:48

In another downgrade of its forecast for the growth of Russia’s economy, theWorld Banksaid on Wednesday it expects the Russian GDP to grow at a rate of 1.2% this year,Reutersreported. The financial institution held its 2020 and 2021 forecasts at 1.8%. Its latest revision — made in the twice-yearly Global Economic Prospects report — is still more optimistic than Russia’s own projection of 0.8 percent. The curtailed expectations parallel the World Bank’s downgraded forecast for global growth from 2.9 percent to 2.6 percent. Real GDP growth exceeded expectations in 2018, reaching 2.3 percent despite international sanctions. The bank had said. Read more...

Global poultry market is expected to grow by 4%

  • 6 Jun 09:47

Despite the fact that the global poultry market is expected to have a year-over-year growth rate for 2019 of 2.93%, Technavio analysts expect to see a stronger growth rate for the next 4 years. A key factor driving the growth of the global poultry meat market is the increasing import and export of poultry meat. Various countries have increased the import of chicken meat in recent years. For instance, Japan, Mexico, Saudi Arabia, China, and Iraq were some of the key importers of chicken meat during 2018. In addition, there has been a significant increase in the import of chicken meat from emerging economies including the Philippines owing to the rising demand for chicken. Read more...

Ukraine may lose its pig farming in three years - experts

  • 6 Jun 09:46

In two or three years, pig breeding in Ukraine may disappear completely, the press service of the Association of Livestock Producers of Ukraine (AJA) said on May 29, the organization’s website reports. “Due to the lack of a sufficient number of enterprises for the disposal of animal waste, massive non-payment of compensation to farms affected by African swine fever, and insufficient control by the State Food Service, in 2–3 years, the pig breeding in Ukraine can be destroyed,” the report said. Experts say that in Ukraine there is a catastrophic situation with African swine fever - the real extent of the disease is unknown, because breeders prefer. Read more...

Two Russian companies obtained the right to export products to Japan

  • 6 Jun 09:45

Two Russian companies акщь Tula region passed certification and got the right to deliver meat products to Japan. The export of Russian meat to the Japanese market is officially allowed from June 3, 2019. To start deliveries, appropriate veterinary permits are required for heat-treated poultry and pedigree animals, products from relevant types of meat, as well as. Read more...

The Meat Congress began in Moscow

  • 5 Jun 10:48

On June 4, 2019, the Meat Congress, the largest event of the domestic meat industry, started in Moscow as part of the Russian Retail Week. This is a meeting where participants - food producers / suppliers and retailers, representatives of business communities, regional and federal authorities, foreign guests - will discuss the meat market situation, current trends, production and retail efficiency and new growth points. Topics of Meat Congress: Changes in consumer behavior and demand structure for meat and meat processing products in 2018-2019 Analytical studies; The development of the meat category (beef, pork, poultry, meat products, ...) in retail in. Read more...

Russian military developed a probe to determine the freshness of meat

  • 5 Jun 10:45

According to the creators, the device is useful in the performance of special tasks and in remote military units. The educational and scientific center of Naval Academynamed by Admiral Kuznetsov developed a mobile device to check the freshness of meat. The method is based on electrochemical analysis.The device is a kind of probe. On the case there are two plates fixed - zinc and copper, separated by a dielectric. The probe is placed in the meat in the area of ​​the bones, where damage usually begins first, at a depth of two and a half - three millimeters. Depending on the degree of freshness of meat, the level of its acidity - that is, pH. changes. Due to. Read more...

Magnit Begins Testing Delivery Service in Krasnodar

  • 5 Jun 10:38

Magnit, Russia’s second-largest retailer, has started testing a delivery service from its stores in the southern city of Krasnodar, the company said on Thursday, according toRBC. Deliveries will be handled by local companyBroniboy, the report said. The company is currently testing delivery from five largest stores, with about 10,000 items available on its mobile application. Magnit’s largest competitor and market leader,X5 Retail Group, outsources delivery services for stores of its formats Perekrestok and Karusel, while Perekrestok also operates its own online store with in-house delivery. The main format Pyaterochka cooperates withDostavka.Market, in test. Read more...

Meat production increased in Tambov region

  • 4 Jun 08:56

Since the beginning of the year, 161.8 thousand tons of meat has been produced in the Tambov Region. Experts note an increase in the volume of meat products, as well as livestock. According to Tambovstat, agrarians produced 99.9 thousand tons of poultry meat, about 60.7 thousand tons of pork, more than 1 thousand ton of beef. This is 6.3% more than at the same time in 2018. The number of pigs in the region grew by 16.1%. Gross milk yield in the first four months of the year amounted to 23.1 thousand tons. The share of the agro-industrial complex in the gross regional product. Read more...

Cherkizovo's livestock inventory insured for $120 million

  • 4 Jun 08:54

Cherkizovo Group insured over 15 million heads of poultry and 1 million pigs at RSHB Insurance. Cherkizovo's livestock inventory is estimated at $120 million according to the insurance signed by RSHB Insurance. The company decided to protect itself from any unforeseen event and insured over 15 million heads of poultry and 1 million pigs. RSHB Insurance is part of the Russian Agricultural Bank Group. Based on the data of the Bank of Russia, the company ranked first in Russia’s agricultural insurance in 2018. The poultry of Lisko Broiler, Chicken Kingdom, Altaisky Broiler and Cherkizovo-Pork pigs in the Voronezh, Lipetsk, Orel, Penza, and Tambov regions as well. Read more...

Russia is interested in raw meat export to Singapore

  • 4 Jun 08:54

On May 30, 2019, negotiations were held between representatives of the Rosselkhoznadzor and the Singapore Veterinary Service in the framework of the 87th General Session of the World Organization for Animal Health (OIE) in Paris. The Russian side handed over to its Singaporean colleagues a signed veterinary certificate for the supply of finished pork products from Russia to Singapore, which took into account the previous comments of the Singapore side. Also, the Russian side reiterated its interest in the supply of raw meat products to Singapore (beef, pork and poultry). In this regard, the Rosselkhoznadzor will soon send additional information. The Singapore side. Read more...