World meat industry news

Cherkizovo Group announces decisions of the Extraordinary Shareholder Meeting

  • 1 Oct 14:57

Cherkizovo Group (MOEX: GCHE), thelargest vertically integrated meat producer in Russia, today announces decisions ofthe Extraorinary Shareholder meeting. The Extraordinary General Meeting of Shareholders (EGM) in the form of absentee voting washeld on September 27, 2018 Shareholders approved to distribute profits for the first half of2018 in the form of dividends in the amount of 900 378 071 roubles, 04 kopecks, or 20 roubles48 kopecks per ordinary share. EGM also set the dividend record date on October 8, 2018, payment date for nominees to beno later than 10 working days after the record date i.e. October 22, 2018, and agreed thatpayment date for all other. Read more...

Plenty of pig innovations at SPACE 2018

  • 1 Oct 09:19

A wide range of pig innovations could be viewed this year at the annual animal husbandry show SPACE, held September 11-14 in Rennes, France. The event was being held for the 32ndtime, with 1,410 exhibitors from 42 countries worldwide. Visitor numbers came down to 108,347 from 121 countries, which represented a slight downturn in comparison to the 2017 edition of the show. Main theme this year atSPACEwas similar to that of 2017: robotics. Various pieces of equipment were demonstrated which make the job easier for the farmer. Fournier: pig-friendly floor Fournier’s Well’Floor concept is aimed at making a pen floor more pig friendly. It is a. Read more...

Nobody knows how much milk is produced in Russia

  • 28 Sep 09:36

According to Dmitry Rylko, General Director ofIKAR, the Rosstat does not have accurate data on livestock and milk production in the country. This opinion was expressed by the expert during the conference of DeLaval, writes The DairyNews. "No one knows exactly how much milk is produced in Russia, - said Dmitry Rylko.- According to official data, milk production is 31 million tons. At the same time, the agricultural census of 2016 found in private smallholders 500 thousand heads of cattle less than it was considered earlier. We think that this is only part of the truth, milk production and number of livestock in private smallholders are even less. We estimate. Read more...

Leading Ukrainian agro-industrial group MHP is looking into acquiring Perutnina Ptuj

  • 27 Sep 11:36

Leading Ukrainian agro-industrial group MHP is looking into acquiring Perutnina Ptuj, a well-established and vertically integrated company in Southeast Europe. MHP has announced that it is undertaking a strategic step with this expansion, which will add value to the company and strengthen its position as a global player, while Perutnina Ptuj is obtaining a strategic long-term investor. MHP wants to supportPerutnina Ptuj's strong brand and poultry value-added products through investment and further development over the coming years. MHP added that it commits itself to improve the quality of the Perutnina Ptuj’s production base to meet the. Read more...

Shifts in global protein market

  • 26 Sep 10:34

The spread of African Swine Fever in China – and more recently to Belgium (close to France and Germany) – has substantially altered the outlook for the pork industry around the world. Prospects for improved export demand have grown following recent events, while the potential for the disease to spread globally has grown exponentially. As of 18 September 2018, China has reported 20 cases of African Swine Fever (ASF) in seven provinces. Based on the broad dispersion of cases reported to date, it is unlikely that this disease has been contained, and additional cases are expected to be reported. To contain the spread of the virus, China has restricted the movement. Read more...

Rabobank global poultry quarterly Q3 2018

  • 25 Sep 10:10

Global poultry trade has become highly volatile, with Brazil very much at the centre of the turmoil. Aside from issues surrounding the weak flesh investigation and associated trade implications, the country has also faced a major truckers’ strike, which led to the massive culling of birds. Rabobank expects the global turmoil to continue in 2H 2018, as new issues are set to impact trade, such as rising US-Chinese trade tensions, the recent safeguard measures on Brazilian poultry set by China, and changes to Saudi Arabia’s halal stunning requirements. This could lead to further changes in global trade, along with a risk of volatility in feed costs. Read more...

Kazakhstan meat consumption slow down due to higher prices

  • 24 Sep 09:48

Kazakhstan's meat consumption in the second quarter of this year has registered a decrease due to a rise in prices, reportsTrendnews agency. Consumption of meat products in cities decreased by 2% compared to 1Q and in rural areas by 8%. Horse meat has increased its average price by 1.7% per month, reaching $4.7 in the summer months. The horse meat price is up by 9.3% compared to the same period of 2017. Chichen meat has also marked an increase of 1.1% per month, followed by beef, mutton, and pork by 0.2-0.3% (6-8% per year). Meat consumption per capita is now down by 4.1% compared to the first quarter of 2018, reaching 18.7 kilograms. Rural area households have. Read more...

Pork prices peaked the last two years

  • 21 Sep 12:48

Anna Kudryakova, market expert meatInstitute for agricultural market studies, especially for "the Russian newspaper": - Wholesale prices of pork in a piece from March of this year increased 20 percent, growth has continued in July. Now the market has developed an extremely high price tag. Last time this price was in September 2016. Then, too, there has been a noticeable surge in prices, but maximum values were lower than those now prevailing. Linked to the rise in pork prices with the spread of African swine fever (ASF). So the market is reacting to reports about the closure of one after another the speakers and all new cases of disease in animals at private. Read more...

Belarus increased its beef exports by 17.5%

  • 20 Sep 09:25

Belarus has exported fresh and chilled beef in the amount of 63.19 thousand tons worth $233.48 million dollars in the first seven months of this year. In volume, Belarusian beef exports increased in volume by 17.5% compared to the corresponding period from 2017 and by 19.8% in terms of value, as reported by Meatinfo.ru. In July, Belarus exported more than 8.2 thousand tons, a level slightly lower than the one reported in the previous month. Russia stands out as the largest importer of Belarusian beef. Shipments to this market accounted for 96% of Belarus' total beef exports or 60.7 thousand tons. The beef volume supplied to Russia grew by 15.6% in the first. Read more...

Baltic states cull 35,000 pigs due to ASF

  • 19 Sep 11:26

Whilst African Swine Fever (ASF) is spreading across China and penetrating Western Europe, the picture in Baltic States remains very complicated. Latvia and Lithuania had to cull in total almost 35,000 pigs. In Lithuania the outbreak took place at Idavang farm near AkmenÄ—, in the north of the country. It was be the biggest outbreak in the country for the past 3 years, according to the country’s State Food and Veterinary Service. In addition, it was the 2ndtime for ASF to hit a production facility of Idavang. In 2014, as a result of an ASF outbreak, overall losses were up to 19,000 pigs. At this facility, in 2018, 19,500 head had to be culled. ASF outbreak in. Read more...