World meat industry news

Russia Hog Market

  • 15 Feb 10:29

The pig price this week in Russia is averaging 98 Roubles ($1.66) per live kg., writes Simon Grey, General Manager of Genesus Russia. Producers continue to make good profits in the range of $40 to $70 per pig. Russian pig producers continue to build new farms and expand Pork consumption increased during 2016 by 7 per cent to 24.9kg per person. With companies beginning to export into Asia the future remains bright. There are some peculiarities within the Russian market, and some anomalies which make no sense! Majority of pigs produced and slaughtered and sold by large integrated producers, there is a limited ‘free market’. Large producers. Read more...

Cherkizovo aiming for parent flock self-sufficiency

  • 13 Feb 11:18

Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia, has launched its first replacement chick site at the new poultry production facility in the Lipetsk region. This marks a key step towards import substitution, which will help the group to ultimately achieve 90% self-sufficiency in hatching eggs.This facility is part of the group’s full-scale poultry production project in the Lipetsk region, into which the company has invested close to RUB 3 billion roubles (€47 million) to date. Potential export certification The modern, state-of-the-art equipment at the facility, which adheres to the highest sanitary and biosafety. Read more...

Food import substitution turns out to be extremely profitable

  • 13 Feb 11:17

Russia has saved $4 billion since it began substituting imported products in response to the imposition of food embargoes by the U.S. and EU, the Agriculture Ministry says. But is this enough to encourage the future growth of production? A worker harvests apples at Sady Predgorya farm , Novodmitrievskaya, Krasnodar Territory. Source: Vitaliy Timkiv/RIA Novosti "Domestic products have saved Russia almost $4 billion dollars. This is what we call import substitution, that is, Russian cheeses, sausages and other products that substitute for products that earlier were imported," said Russian Deputy Agriculture Minister Evgeny Gromyko at the opening. Read more...

Meat scientist: nitrates good for body

  • 10 Feb 09:01

Nitrates benefit human health and are present in far greater quantities in leafy vegetables than in processed meats, contrary. Read more...

CP Foods pumps cash into Russia’s meat industry

  • 10 Feb 09:00

Russia will see millions of dollars invested in its meat industry this year amid Thailand's Charoen Pokphand Foods' (CP Foods') plans to pump US$2 billion into. Read more...

Belarusian Meat, Dairy Companies Committed to High Quality Standards

  • 9 Feb 09:33

Belarusian meat and dairy companies adhere to the highest standards of quality, Nadezhda Kotkovets, Deputy Head of the Presidential Affairs Department, told BelTA. “We know the safety and quality requirements. All the companies take these requirements seriously and comply with them in full,” Ms Kotkovets noted. “Complaints from Russia are immediately analyzed and dealt with. In the majority of cases these are accompanying documents,” she said. Ms Kotkovets added that Belarusian products are very popular with Russian consumers today. With the Russian market remaining a priority both from the point of view of logistics and prices,. Read more...

How to make a fortune from banned food products

  • 9 Feb 09:30

Despite sanctions Russia has plenty of Italian Parmesan cheese, French brie, Spanish jamon and Dutch blue cheese. RBTH investigated to find out who sells these items on the Russian market, and how. A worker arranges a display of cheeses, including imported products, at the delicatessen counter of an Azbuka Vkusa OOO, which translates as 'Elements of Taste,' supermarket at the Neglinnaya Plaza shopping center in Moscow, Russia. Source: Getty Images In an effort to endillegal imports of food products banned under sanctions, Russia will impose fines onanyone transporting, storing or distributing food products that comeunder the. Read more...

Russia Bans Imports of New Zealand Beef

  • 8 Feb 11:27

Russia has banned the import of beef and beef byproducts originating in New Zealand, Russia's Interfax news agency has reported. Russia's state agriculture agency Rosselkhoznadzor claimed that traces of ractopamine had been found in samples of beef on three separate occasions. The drug, which is used to build muscle mass in cattle, is banned within Russia. The ban could also be extended to cover fish and butter from New Zealand after samples were found to have high levels of bacteria, Rosselkhoznadzor chief Sergei Dankvert toldInterfax. A spokesperson for New Zealand's Ministry for Primary Industries (MPI) told theNZ Farmernews outlet that officials. Read more...

Import of Kyrgyzstan's Dairy, Meat Products to Russia Confirmed

  • 8 Feb 11:26

Kazakhstan did not put any barriers for the transit of dairy and meat products of Kyrgyzstan to Russia, reports KyrTAG news agency. Oleg Pankratov, Vice Prime Minister of Kyrgyzstan said: "Kyrgyzstan is ready to provide security of exported products. Only Kazakhstan expressed concern and is not ready to recognize the real situation. "Taking in account that Russia is the main sales market of Kyrgyzstan, there is a question of goods transit through Kazakhstan to Russia. "In December 2016 President of Kazakhstan Nursultan Nazarbayev said that transit would be provided. In January we received a letter from the Deputy Minister of Agriculture of Kazakhstan. Read more...

Analysts name 13 biggest risks for Russian companies

  • 7 Feb 09:39

CEOs at Russian companies identify 13 of the biggest issues businesses face in 2017, from geopolitical concerns to climate change. Among Russian CEOs included in the poll, 82 percent see volatility in the ruble’s exchange rate as the biggest threat to their businesses. Source: Igor Russak/RIA Novosti Geopolitical instability, excessive government regulation and volatility in the ruble’s exchange rate are among the main issues cited by Russian CEOs as potential threats to businesses in Russia and internationally. PricewaterhouseCoopers (PwC)polled heads of leading international companies about key trends in the global economy in. Read more...