World meat industry news

FAO Food Price Index Rises Further in July

  • 4 Aug 10:17

Global food prices rose for the third consecutive month in July, driven mainly by higher cereal, sugar and dairy quotations. FAOreports that theFAO Food Price Index- a monthly trade-weighted index tracking international market prices of five major food commodity groups - averaged 179.1 points in July, its highest value since January 2015, marking a 2.3 per cent increase from June 2017 and 10.2 per cent rise from its level a year earlier. TheFAO Cereal Price Indexwas up 5.1 per cent in July. The Index has been rising consistently over the past three months, supported by firmer wheat and rice quotations. Wheat values rose the most in July, as continued hot and. Read more...

Russia's Miratorg reveals new logo

  • 4 Aug 10:16

Russian agriculture holding Miratorg has changed all corporate branding to reflect its “evolutionary development as a leader in. Read more...

Cobb Germany acquires substantial stake in Russian hatchery business

  • 2 Aug 12:31

Cobb Germany, a distributor for Cobb-Vantress, has acquired a substantial stake in a fellow Cobb grandparent distributor Broiler Budeshego, one of the largest suppliers to the Russian poultry meat industry. This significant shareholding has been bought from Samuel Lipman, one of the first US investors in the Russian poultry industry, and from Cobb-Vantress, Inc. which is one of the world’s leading poultry breeding companies. One of Europe’s leading distributors of broiler breeding stock, Cobb Germany is part of the Wimex Group which is based in Regenstauf, Germany, and has expanded in the past 30 years to become a major producer of hatching eggs and broiler. Read more...

Sanctions Led Russia to Self-Sufficiency in Pork, Poultry

  • 2 Aug 12:29

Russia is now almost completely self-sufficient in pork and poultry meat as a result of anti-Russian sanctions, Russian President Vladimir Putin said Thursday during his annual "Direct Line" call-in session. According toSputnik News,President Putin said: "We all know that growth [in agriculture] is around 3 per cent, Russia has become the number one country, the leader in the export of grain and wheat. "We have significantly reduced our imports, our own production, for example of pork and poultry meat, now almost completely covers our needs." The Russian President said this while describing the sanctions' influence on Russia’s. Read more...

Pig Prices Ease but Remain Higher than 2016, Reports QMS

  • 1 Aug 11:53

European farm gate pig prices remain some seven per cent higher than they were a year ago, despite dipping in recent weeks, according to Quality Meat Scotland. Major northern producers such as Germany, Denmark and the Netherlands have all seen producer returns fall in recent weeks. In contrast Spain and Italy, which have a seasonal influx of tourists, have seen prices stabilise or climb slightly. European farm gate prices often plateau through the summer holidays before dipping in late September so this earlier dip in price may flag some changes in the supply and demand balance across Europe. European Union production has been increasing seasonally and although. Read more...

RusAgro pushes into China by building pig farms

  • 1 Aug 11:53

One of Russia’s leading agricultural holdings RusAgro has pledged to build several pigs. Read more...

US to Overtake EU as China's Largest Trading Partner

  • 31 Jul 16:04

The United States is expected to overtake the European Union as China's largest trading partner this year, a former vice-minister of commerce said. Sino-US trade will continue to boom in the second half of this year, "with China's imports from the US growing faster than its exports". Therefore, the US trade deficit with China will decline, Wei Jianguo toldChina Dailyin an interview. Part of the reason why US would surpass the EU, which was China's top trading partner almost for the past decade, Wei said, lies in the ever-strengthening Sino-US economic and trade ties. In April, China and the US agreed to initiate a cooperation plan to. Read more...

Russian meat giant`s controlling family to buy more shares

  • 31 Jul 16:03

Cherkizovo Group chairman consolidates company stake.The chairman of Cherkizovo Group, one of Russia’s largest meat processors, will consolidate his stake in the company by buying 21.3% of its shares, currently owned by Prosperity Capital Management, one of. Read more...

Global Market Report: Russia Market Report August 2017

  • 28 Jul 11:28

The pig Price in Russia continues to remain high at 116 Roubles ($1.93) per live kg. High profits of up to $100 per pig for effective producers continue! by Simon Grey - General Manager, Russia CIS and Europe In pig production, there are only 3 drivers of profit. They are; Total kg sold from the farm, kg / m2 / year or pigs weaned per farrowing crate per year for a sow farm! How much those kg are sold for! The cost of production of those kg! There are many many many other factors that are talked about, these include total born alive, pigs per sow per year, litters per sow per year, mortality, growth rate, feed conversion ratio, killing out % and. Read more...

Pig Breeding, Chicken Egg Production Named as Growth Points in EEU States

  • 28 Jul 11:27

The Eurasian Economic Commission declares that pig breeding and production of chicken eggs is the growth points in the agriculture of 2017-2018, reads the draft prognosis of the development of agricultural complex EEU. According toKazTAG, the department of agricultural policy EEU has prepared the project "Joint prognosis of development of agricultural complex, balance of demand and proposal for 2017-2018". The production growth and refusal from import will be fixed almost in all the regions of agriculture in 2017 and 2018. Experts expect highest growth in pork trade and eggs export," said the publication inIzvestiyanewspaper. By 2018 the index on. Read more...