If incomes continue to drop, however, Russians won’t be able to cut their food budgets and still adequately feed themselves. Any further cuts could mean risking malnutrition. According to the UBS study, 56 percent of those polled reported a drop in income in 2016. Source: Zamir Usmanov/Global Look Press Consumers are not willing to further cut food spending even if their financial situation continues to deteriorate. Grocery spending will drop just 5 percent, considerably less than on other items, according to research byUBS Evidence Lab, which polled 1,000 Russians. If their personal financial situation worsens, Russian consumers are prepared to cut. Read more...
The Russian agriculture safety watchdog has imposed a temporary ban on imports of beef and beef products from New Zealand, effective 6 February. “The measure comes after the feed additive Ractopamine, a stimulant fertilizer for promoting muscle growth, has been discovered in some samples,” the watchdog spokesperson said. The watchdog also said that it might ban fish imports from New Zealand due to traces of mercury in some supplies. New Zealand is not one of the Western countries facing a Russian food ban. Moscow introduced the measure in 2014 in response to sanctions imposed by the US, EU and their allies over Russia’s alleged role in. Read more...
Smithfield Foods gained significant recognition for its environmental achievements at the North American Meat Institute’s (NAMI’s). Read more...
Over a tenth of the fast-food restaurant chain's raw materials in Russia are imported People at a McDonald's restaurant at Moscow's Pushkin Square. Source: Valery Sharifulin/TASS McDonald's has pledged to use only Russian products at its restaurants in the country by 2020,RBK dailyhas reported, citing President of McDonald's Russia Khamzat Khasbulatov. "Now the share of Russian products is 87 percent. By the end of 2018 it will increase to 90 percent, I promise. And by 2020 the share of local products will be 100 percent," Khasbulatov told RBK. This would, he added, make Russia one of the few markets in the world in which the. Read more...
Russia’s agricultural holding Eurodon will, in late February, target re-stocking of poultry houses in the Krasnosulinsky district of Rostov Oblast, where, in late December, an outbreak of highly pathogenicavian influenza(AI) broke out. In total, Eurodon suffered RUB1 billion (US$16 million) in losses because of the outbreak, primarily because the company had to cull 160,000 turkeys. According to the company’s press-service, the poultry stock was insured but this will only cover part of the losses. Poultry insurance options Yuri Kolesnikov, Russia’s Insurance Ombudsman, told regional media Gorodn that Eurodon could insure poultry stock in. Read more...
Backyard farms constitute the essence of Russia’s problem withAfrican Swine Fever(ASF). That conclusion was drawn by Sergey Dankvert, head of Russia’s veterinary body Rosselkhoznadzor. Dankvert shared his views on the federal TV channel Rosiya24 recently. He added that in 2016, in Russia 233,000 heads of pigs were culled as a result ofAfrican Swine Fever(ASF) outbreaks. Calling this figure ‘very huge’, he pointed to backyard farms as a cause, since they lack good biosecurity. A backyard farm in Russia, keeping pigs and poultry in one shed. Photo: Verevkin | Dreamstime.com About 6,500 culled pigs came from backyard farms, Dankvert. Read more...
The European Commission has lifted a trade ban on Ukrainian poultry exports, imposed in December 2016 following a regionalisation move for. Read more...
Being the only Asian country to have signed a free trade agreement with the Russia-led Eurasian Economic Union (EAEU), Vietnam has the potential to become Russia's window to Asian markets, but experts urge Moscow to first focus on the quality of its manufactured products, and after-sales service. Russian truck producer Kamaz is ready to use the EAEU-Vietnam FTA to enter Asian markets. Source: kamazmaster.ru When U.S. President Donald Trump recently fulfilled his pre-election campaign promise bysigningan order to withdraw the country from the Trans-Pacific Partnership (TPP), some Russian experts saw it as achance for Russiato speed up its economic integration. Read more...
While Russia has for years exported wheat and other grains, the country still imports many basic foodstuffs. 2017 might be the year, however, that Russia becomes an overall net exporter of agricultural products. This development is a positive side-effect of economic sanctions, which have spurred domestic production. Russia's main food exports are grain and vegetable oil, and the domestic market is already saturated with poultry, pork and sugar. Photo: Chicken farm in Kabardino-Balkaria, Russia. Source: Mikhail Japaridze/TASS This year Russia plans not only an increase in grain and vegetable oil exports, but it also hopes to enter global markets with new. Read more...
Investment in Miratorg’s large pigmeat factory in Kursk Oblast has reached RUB160 billion ($2.68bn), nearly 25% above original estimates, according to a report from. Read more...
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