Spain’s Grupo Fuertes has increased its stake in Cherkizovo to 8% after the Russian company’s biggest shareholder, MB Capital Europe, put 1.8 million. Read more...
This summer’s bad weather is not only putting a downer on the life in the capital, it’s also severely affecting the domestic economy. Farmers have been hit hardest while inflation and unemployment is on the rise. However, fashion retailers are offering big discounts in a bid to sell summer clothes - so there is one upside. This summer in the western part of Russia has been unusually cold and rainy. From May, Moscow witnessed rain, thunderstorms, and even snow. The Russian Hydrometeorological Center called May the “coldest” and June the“second coldest” the country has witnessed in the 21st century. The average temperature in June. Read more...
Russian meat consumption is set to reach 75.2kg per capita in 2017, which corresponds to the pre-crisis level of 2013 and is an increase of 2kg on 2016, according to Yuri Kovalev, chairman of the Russian Union. Read more...
Fresh/frozen US pork has been added to the eligible products list for Uzbekistan, with an effective date of 1 January 2017. The Uzbekistanmarket had been closed to US pork since 2014, when the country suspended imports in response to findings of porcine epidemic diarrhea virus (PEDv) in the United States. Uzbekistan was the only international market to impose a full PEDv-related ban on US pork, though Costa Rica bans US pork. Read more...
Brazil pork exports are down amid political turmoil, but Russia, which has alienated the world’s biggest pig meat traders, has little choice. Read more...
The Animal Husbandry Innovation and Development Summit hosted by Big Dutchman, the world-leading supplier of livestock equipment, was successfully held at Grand Metropark Ocean Spring Resort Qingdao, China, on 17 May 2017. The topic of the summit was “New Technology wins the Future”. The event was divided into the innovation and development forum in the morning, poultry sessions and pig sessions in the afternoon and the celebration of the 20th anniversary of BD China in the evening. More than 300 honored guests including cooperation partners from the industry attended this event. Big Dutchman, a one-stop solution supplier Mr. Walter Benz, president. Read more...
Global food commodity prices are projected to remain low over the next decade compared to previous peaks, as demand growth in a number of emerging economies is expected to slow down and biofuel policies have a diminished impact on markets, according to the latest 10-year agricultural outlook published by the OECD and FAO. TheOECD-FAO Agricultural Outlook 2017-2026says that the completed replenishment of cereal stocks by 230 million metric tonnes over the past decade, combined with abundant stocks of most other commodities, should also help limit growth in world prices, which are now almost back to their levels before the 2007-08 food price crisis. According to. Read more...
Spain is already at the top of EU exports at the end of April. It has become the largest pork exporter in the EU for the first time in history. Thus, Germany that is until now was the one that occupied this position. In the first four-month period of the year, 277,871 tons were exported out of the EU (11% more than in the same period last year), compared with 273,381 tons for Germany (down by 17%) and Denmark with 192,801 tons (down by 11%). In total, the EU has exported almost 1.29 million tons of pigs (3% less than in 2016) with a turnover above 2.6 billion euros, implying a 14% increase in value; has been sold less but at a better price. This increase. Read more...
Despite statements from Russian officials, the effect of the Russian food embargo, recently extended to the end of 2018, on the domestic market is expected to be very limited, as key meat suppliers continue to be banned by veterinary restrictions, while the strong devaluation of the country’s currency has hampered product. Read more...
The European Union (EU) meat industry has expressed disappointment over the decision by Russia to extend its ban on EU exports of meat and meat products by 18 months, but is optimistic that producers will. Read more...
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