World meat industry news

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...

Spanish business buys $27m stake in Russia's Cherkizovo

  • 26 Jul 09:37

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...

Bad weather in Russia: 5 economic implications

  • 26 Jul 09:36

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...

Russians are beginning to eat more meat

  • 25 Jul 10:39

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...