World meat industry news

USA Hog Market Report

  • 17 Jan 07:36

Cash hogs and futures have held up remarkably well in the face of some of the largest weekly slaughters in history, writes Allan Bentley, USA Sales. Weights for the last week of 2016 were 4 lbs. below last year. That tells me the industry did a great job chewing through the hogs in a timely fashion and pulled hogs forward so as not to get too backed up during the holidays. Of course, as Jim Long likes to remind us, when Packers are making $50 per head they have quite an incentive to kill as many as they can. We have not only held steady prices, but both cash hogs and hog futures have increased in value. Cash hogs have gained $9.00/ cwt in the last 6 weeks.. Read more...

Russia is taking care of itself

  • 16 Jan 13:46

Despite bad market conditions, pork production in Russia has been growing at an unprecedented and uninterrupted pace lately. It is expected that the country will reach self-sufficiency by 2020. Export may not be far off either. Russia’s pork industry is growing very fast, that much is for sure. Estimates for 2016 pointed to a 9.3% year-on-year growth, when compared to 2015. Russia must have produced around 3.39 million tonnes (slaughterweight) in 2016, explains Dr Yuri Kovalev, chairman of Russia’s National Union for Pork Producers (NSS). In the last decade alone, says Kovalev, domestic pork production has doubled. This strong growth is mainly taken care of. Read more...

Slovenian poultry processor doubles Serbian plant’s output, sales

  • 12 Jan 08:56

Slovenian poultry meat processor Perutnina Ptuj has unveiled plans to invest in its plant in Backa Topola, in Serbia’s northern region, with the aim of doubling. Read more...

Moody's expects Russia’s GDP to grow by 1% in 2017

  • 12 Jan 08:55

Moody's international rating agency forecasts that Russia’s GDP will grow by 1 percentin 2017, according to the agency’s report released on Jan. 11. "Moody's projects that Russia, the largest economy by far among the nine countries, will record positive, albeit modest, real GDP growth of 1 percentin 2017 after two years of recession. This upturn will lift the broader region due to trade and financial linkages," the agency said. According to the agency’s experts, "stabilization of oil prices has eased the direct and indirect economic and fiscal pressures on the nine rated sovereigns in the Commonwealth of. Read more...

Russian sausage producers wage war on discounts

  • 11 Jan 11:47

Russia’s largest sausage manufacturers are urging retailers to drop discount promotions as they look to halt a three-year fall in sales, the Gorbatov’s All-Russian Meat. Read more...

Ukraine faces rising threat from poultry and pig diseases

  • 11 Jan 11:46

Ukraine faces a rising threat from highly pathogenic avian influenza (AI), as the disease spread to two new regions in the past week, while African Swine Fever (ASF). Read more...

Kyrgyzstani Meat, Milk Exporters Barred from Transporting Goods to Russia

  • 10 Jan 10:48

Kyrgyzstan is no longer allowed to transport its goods to Russia by road through the territory of Kazakhstan, Advisor to the Director of the Veterinary and Phytosanitary Safety Inspectorate Tolonbek Yrsaliyev told Tazabek on 6 January. The ban on transport of Kyrgyz goods subject to veterinary control via Kazakhstan to Russia came into effect from 1 January 2017. "The Ministry of Agriculture of Kazakhstan represented by the Deputy Minister Gulmira Isayeva sent a letter on 31 December 2016 informing about introducing a ban on road and air transport of goods subject to veterinary control via Kazakhstan based on the decision of the Customs Union as of. Read more...

The first glimpse of deflation in five years

  • 10 Jan 10:47

For the first time in the past five years, Russia enjoyed a brief moment of minor deflation in 2016. During the first week of August, consumer prices decreased by 0.1 percent. The previous occurrence was registered in September 2011. To compare, the 2015 inflation level in Russia stood at 12.9 percent. The easing of inflation pressure on the Russian economy is good news. All other factors being equal, it is expected to speed up the process of bringing the overall inflation level down to 4 percentin 2017. This target was originally identified by the Central Bank of Russia in late 2014, when it intentionally stopped keeping the ruble. Read more...

Real income in Russia falls by over 12% in 2 years

  • 9 Jan 15:17

Labor in Russia is now paid for only slightly higher than in India and Bulgaria, according to a study by a Russian state academy. Russians' real disposable income has fallen by 12.3 percent since the beginning of the economic crisis in 2014,writesthe TASS news agency, citing a report prepared by theRussian Presidential Academy of National Economy and Public Administration. The report concludes that the continuing fall in the population's real income has led to an increase in the poverty level, which in the January-September 2016 period was 13.9 percent. This indicator is higher than the level from similar periods in 2012-2014, says the report. In May. Read more...

Food trend predictions for 2017

  • 9 Jan 15:15

Clean and ethical labels alongside intelligent packaging and the demand for organic produce are some of the key trends likely to dominate the. Read more...