World meat industry news

The largest poultry producer of Belarus is ready to produce poultry meat in Russia

  • 14 Jan 08:50

Company "Servolux", which occupies a third of the Belarusian market of broiler meat, is looking for a production platform in Russia, writes the newspaper "Kommersant". The manufacturer, which already supplies up to 80 thousand tons of products per year in the Russian Federation, will have its own capacity to protect itself in the event of trade conflicts between the two states. According to the newspaper, this may be the first case of localization of poultry meat production in Russia by Belarusian enterprise. "Servolux" produced 192 thousand tons of poultry products (under the brand "Petruha" and other brands) in 2017. A total. Read more...

Armenia will import neither pork nor poultry from Russia

  • 11 Jan 08:58

Armenia will import neither pork nor poultry from Russia because of reports of outbreaks of African Swine fever (ASF) and Avian Influenza (AI) that have hit this country. According to the World Organization for Animal Health (OIE) and the Russian veterinary watchdog Rosselkhoznadzor, Armenia decided to ban the imports of poultry and pork from Russia to prevent the ASF disease and bird flu from entering the country. The decision was made based on the information published by OIE and after Rosselkhoznadzor published the status of Russian regions affected by the diseases, armeniasputnik.am reports. Starting December 14, Russia will no longer be able to export to. Read more...

Russia`s agricultural export exceeded $ 24.3 billion in 2018

  • 11 Jan 08:54

By mid-December Russian agricultural export exceeded $24.3 billion, which is 20% higher than last year. According to the Ministry of Agriculture, this growth was possible because of export growth of meat and dairy products, fish and seafood, food and processing industries products. It is expected that exports of the oil and fat industry can grow by a quarter, up to $ 4 billion in 2019. The Ministry of Food and Chemical Industry also expects significant growth in the supply of meat and dairy products. In the coming year, exports in this area may increase by 73% and exceed $ 1.1 billion. Meanwhile, the project committee of the national project. Read more...

New opportunities for Russian feed industry

  • 10 Jan 09:35

Russian feed production has been increasing for more than two decades, and all forecasts expect this trend to continue for the foreseeable future with record-breaking state aid promised to the feed industry by the federal government and many avenues to increase domestic grain production. In 2017, Russian companies manufactured 27.6 million tonnes of feed, the Russian State Statistical Service Rosstat estimated. For this purpose, last year the country used 45.3 million tonnes of grain, primarily wheat and barley, or 33% of overall grain production in 2017, a research conducted by the federal Agricultural Ministry showed. The actual figures, however, are higher as some. Read more...

The list of food products subject to VAT at a rate of 10% in 2019

  • 10 Jan 09:34

Last summer the President of the Russian Federation signed a law raising the basic VAT rate from 18% to 20%.At the same time the existing VAT benefits in the form of exemption from this tax, as well as a reduced VAT rate of 10%, are applied to social goods (services), some food products. Despite the fact that social food products are sold at a preferential VAT rate, there are a lot of non-tax factors that can increase consumer prices for food. 10% VAT rate is applied according to the current documents when selling the following food products: Livestock and poultry; meat and meat products (with the exception of delicacies: cuttings, veal, tongues, sausages - raw. Read more...

Penza Region became meat production leader of the Volga Federal District

  • 9 Jan 10:17

Following the results of 11 months of 2018, the Penza Region became the leader of the Volga Federal District in terms of the growth rate of livestock and poultry meat production. According to the press service of the regional Ministry of Agriculture, in January-November the production of livestock and poultry meat in farms of all categories increased to 286.2 thousand tons, which is 10.8% more than in the same period in 2017. As a result, the Penza region came out on top in meat production with an indicator of 49.3 thousand tons. In addition, the region is the leader of the Volga Federal District in terms of milk yield growth, and got the second place in. Read more...

Russian meat giant acquired a 75% stake in Samson - Food Products

  • 9 Jan 10:13

Cherkizovo Group is acquiring 75% of Samson – Food Products, a group of companies offering meat products under brands such as Samson, Grillmania, Fileya and others, for about RUB 350 million (€4.4 million) The company has signed a sale-purchased agreement to acquire 75% of St Petersburg-based Samson – Food Products (SFP). Cherkizovo said in a statement that the acquisition is approved by the Russian Federal Antimonopoly Service (FAS), the cost reaching RUB350 million, with ca. RUB550 million (€7.1 million) in debt to be assumed on top. The final price will be based on SFP’s performance in 2019. This deal is set. Read more...

Russia plans to become a net exporter of pork

  • 29 Dec 10:09

The East European country can take advantage by the evolution in the EU pig industry. Russia’s target is to become the worlds 5th largest exporter of pigmeat. Russia target revenues of $45 billion from the export of agricultural product from Russia by 2020. The pig price this week in Russia is 117 Roubles ($1.76) per kg live including 10% VAT. According to Russian Pig Producer’s Association, the average production cost for the average producer are in the mid 80 Roubles per kg. This means today the average producer is making about 2400 Roubles per pig ($36) and the top producers who have costs below 60 Roubles are making 5400 Roubles ($81), states a. Read more...

Chicken price in Russia set a new record

  • 29 Dec 10:08

In November 2018 chickens and frozen chickens in Russia were sold at an average price of 148.49 rubles / kg/ This is 3.5% more than in the previous month, and 16.9% more than in November 2017. Since the beginning of the year the price of this product has increased by 19.2%. For the period from January 2016 the minimum chicken price in Russia was fixed in April 2018 - 121.77 rub./kg, underlines SoyaNews; maximum price was fixed in November 2018 - 148.49 rubles / kg. The most expensive chickens in November 2018 were sold in the Far Eastern Federal District (196.36 rubles / kg), the cheapest - in the Volga region (137.08 rubles / kg). Average retail chicken. Read more...

Beef prices continue to grow

  • 28 Dec 11:13

In November 2018 beef prices (except boneless meat) in Russia were estimated at 328.51 rubles / kg - 0.4% more than in the previous month, and 2.8% more than in November 2017. Since the beginning of the year, the price of this product has increased by 2.2%. This is a new price maximum for this product, at least in the last three years. For the period from January 2016 the minimum price for beef was fixed in August 2016 - 311.56 rub./kg, notes SoyaNews; the maximum price was fixed in November 2018 - 328.51 rub./kg. The most expensive beef in November 2018 was sold in the Far Eastern Federal District (413.83 rubles / kg), the cheapest - in the North Caucasus. Read more...