We have no interest to wade into the political debate and are fully cognisant of the fact that passions run high after a very heated election season. But the reality is that a Trump presidency was for the most part discounted as unlikely by the markets and, at least initially, we expect some panic trading to occur. The role of markets is, in part, to price risk and, until proven otherwise, market participants will look to price the risk of trade war(s) with some of our largest trading partners. A selloff is likely but may be tempered by the realisation that the immediate material impacts could be limited. In the short term, we think the currency shifts have the. Read more...
The government plans to tempt Russians with a complimentary hectare in one of the country’s most remote regions – but the initiative faces a number of problems that need to be solved if it is to become a success. Theoretically, there are about 600 million hectares in the Far East that can be given away. Source: Lori / Legion media Have you ever dreamed of acquiring land for your personal needs without paying for it? Now many Russian citizens can realize this dream. The only condition is that the land in question will be in the Far East – about 4,000 miles from Moscow – and in a zone of uncertain prospects for agriculture. According to. Read more...
The current pig price in Russia is 102 Roubles ($1.61) per kg live. This means good producers are making in the region of $50 for a 120kg pig, writes Simon Grey, General Manager Russia, CIS, and Europe. There were predictions of over supply this autumn, with very low prices that were expected to be below the cost of production for all but the very best producers. Several outbreaks of African Swine Fever in large farms in the past few weeks has led to over 100,000 pigs being destroyed and burnt. Maybe this has been enough to reduce numbers of pigs going to market. Certainly, the current ‘conspiracy theory’ that are so loved in Russia is that African Swine. Read more...
European meat and poultry players have joined EU agriculture commissioner Phil Hogan on a “diplomatic offensive” trade mission to capitalise. Read more...
The Canadian Meat Council (CMC) has welcomed a move from Canada’s parliament to start ratifying the. Read more...
Six new outbreaks of African Swine Fever (ASF) have been reported on pig farms and backyard/village units in Ukraine. The outbreaks were reported in the north and south of the country in the areas ofKhar'kov, Odessa, NikolayevandPoltava. In total,. Read more...
Chinese imports of fresh/frozen pork continued to be significantly elevated in Q3 this year, increasing by 160 per cent on the same period in 2015 to reach 516,000 tonnes. This takes import volumes for the first nine months of 2016 to 1.28 million tonnes, well over double last year’s figure. Chinese pork imports have escalated this year due to insufficient domestic production, following last year’s rationalisation of the breeding herd and the imposition of stringent environmental barriers hindering expansion. Strong demand for limited supplies drove the Chinese pork price to record highs in June, though it has subsequently declined, although. Read more...
An independent expert committee appointed by the DLG (German Agricultural Society) determined the winners of the Innovation Award EuroTier from among 251 approved applications for product innovations, based on stringent criteria. The Innovation Award EuroTier 2016 in gold or silver has been awarded to 25 product innovations including some products tailored specifically for the poultry sector. The award level, i.e. gold or silver, will be announced at the official ceremony, which will be held in conjunction with the formal opening of the EuroTier trade fair on 14 November 2016. The trade fair will for the first time be launched on the day before it opens its doors to. Read more...
A new African Swine Fever (ASF) outbreak has been reported on a commercial pig farm in Russia. The farm inKrasnyansky, Voronezhskaya, reported that of the 43,884 pigs susceptible to the outbreak, 150 cases were reported. Over 18,000 pigs died or were destroyed as a. Read more...
When the Russian currency began depreciating two years ago, foreign tourists started to spend more on local food products. A cheaper ruble has also made it profitable for Russian food manufacturers to export their products to Asian countries. Russian chocolate is now being exported to Asia. Source: Elena Pochetova Every time Chinese President Xi Jinpingvisits Russia, heasksfor some Russian ice cream. As a result of this craving, Russian President Vladimir Putin presented a whole box of ice cream to his Chinese counterpart at the G20 summit, which was held in Hangzhou on Sept. 4-5. Chinese tourists share their leader’s love for Russian ice cream so much. Read more...
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