World meat industry news

RUSSIA’S ECONOMIC GROWTH SPEEDS UP TO NEARLY 11% IN MAY

  • 2 Jul 11:37

RUSSIA’S ECONOMIC GROWTH SPEEDS UP TO NEARLY 11% IN MAY According to the ministry, May’s growth rate is mainly attributed to the low acceleration recorded during the same period a year ago, when tight Covid-related restriction were in force. Thus, the growth rate is not regarded as a useful indicator. The ministry instead opted to compare the current growth to the fourth quarter of the pre-pandemic year 2019. “Seasonally adjusted gap with the pre-pandemic level in May narrowed to 0.3%,” the report said. The ministry also upgraded April’s economic growth to 10.8%, from the previously reported 10.7%. The country’s GDP is mostly boosted by non-energy sectors, including the. Read more...

Economic Impacts of a Free Trade Agreement Between Brazil and Russia

  • 2 Jul 11:35

Economic Impacts of a Free Trade Agreement Between Brazil and Russia This article explores the possible economic effects of a Free Trade Agreement between Brazil (and also its Mercosur partners) and Russia (and its partners of Eurasian Economic Union, using a computable general equilibrium approach. Two scenarios were considered, one that applies only tariff reductions (100% reduction for all sectors in both countries, uniformly distributed in a 10-year timeframe, from 2021 to 2030) and another with this same tariff reduction and also a 25% reduction on non-tariff barriers for all sectors, uniformly distributed in the same timeframe. The results were presented as deviations from the baseline scenario, showing the cumulative change. Read more...

Serbia-Russia agroindustry forum opens in Belgrade

  • 1 Jul 10:27

Serbia-Russia agroindustry forum opens in Belgrade At the opening of a Serbia-Russia agroindustry forum on Wednesday, Serbian Agriculture Minister Branislav Nedimovic said he expected good discussions between Russian and Serbian companies over the next two days and new opportunities for growth of bilateral trade in agriculture. At the opening of a Serbia-Russia agroindustry forum on Wednesday, Serbian Agriculture Minister Branislav Nedimovic said he expected good discussions between Russian and Serbian companies over the next two days and new opportunities for growth of bilateral trade in agriculture. “After the signature of a trade agreement with the Russian Federation, agricultural exchange has grown from 100. Read more...

Russia’s agricultural growth will curb rising domestic food prices – Putin

  • 1 Jul 10:26

Russian President Vladimir Putin says this year’s harvest will help to lower food prices in the country. He explained that prices have risen due to a shortage of domestic produce and high dependence on imports. “We are expecting the new vegetable harvest to have an impact on prices,”Putin said on Wednesday during the annual presidential direct-line event.He said that Russian farmers produced over 19 million tons of potatoes in 2020, while the potato crop is expected to exceed 22 million tons this year. Putin stated that increasing production of fruit and vegetables is a high-priority task for the country’s agricultural sector. “We. Read more...

VGNKI SPECIALIST PARTICIPATED IN SESSION “SOUND PORK INDUSTRY”

  • 1 Jul 10:23

VGNKI SPECIALIST PARTICIPATED IN SESSION “SOUND PORK INDUSTRY” On May 18, senior scientific practitioner of the Russian State Center for Animal Feed and Drug Standardization and Quality (FGBU “VGNKI”) Dr. Dmitriy Makarov participated in the Session “Sound Pork Industry” organized on the sidelines of AGROS-2021 Exhibition. The specialist presented a report on chemical contaminants in pork products and commented on hazardous outcomes of xenobiotic presence in food products, including intoxication cases, and on financial losses by producers. Dr. Makarov highlighted basic routes that undesired substances usually take into products and listed prevention methods. Besides, he paid special attention to maximum. Read more...

Ukraine will increase the supply of agricultural products to China

  • 30 Jun 13:11

Ukraine will increase the supply of agricultural products to China Ukraine will increase the supply of agricultural products to China, as well as expand its range. On July 23, Minister of Agrarian Policy and Food Roman Leshchenko wrote about this on his Facebook page. “In the near future, Ukraine will increase the supply of agricultural products to China, increasing the list of supplied goods. We are also negotiating the construction of facilities in Ukraine for the primary processing of agricultural products for supplies to the PRC, ”the minister wrote. R. Leshchenko also announced plans to make a visit to China in the near future to discuss the expansion of strategic partnership. He added that in general, the. Read more...

Residents of Kazakhstan now eat less meat

  • 30 Jun 13:10

Residents of Kazakhstan now eat less meat According to the results of the first quarter of this year, the consumption of meat and meat products decreased to 19.8 kg on average per capita, minus 5.4% compared to the same period last year,kazlenta.kzreports with reference to energyprom.kz. Most of all meat and meat products were consumed by residents of Pavlodar region: 24 kg, plus 1.9%; Least of all - residents of Shymkent: 14.6 kg, plus 1.7% per year. This year, the consumption of meat products decreased in comparison with the indicators of the previous year in 10 regions out of 17. The most noticeable indicator decreased in Almaty and the North Kazakhstan region: by 12.5%, to 20.3 kg and 17.3 kg,. Read more...

S&P upgrades Russia’s economic outlook for 2021

  • 29 Jun 11:07

S&P upgrades Russia’s economic outlook for 2021 S&P Global Ratings expects Russia’s economic growth to reach 3.7% this year. The agency has upgraded its previous forecast of 3.3%, published in March. The New York-based ratings agency expects the Russian economy to grow by 2.5% next year, while projecting further growth of 2% in 2023 and 2024.The forecast for Russia’s economic growth has been raised due to“faster-than-expected recovery in domestic demand”thanks to the easing of Covid-related restrictions, it reported. Moreover, the agency mentioned strong consumer lending as one of the reasons for the forecast upgrade.The analysts highlighted that the extended program of preferential. Read more...

New agreements approved between Azerbaijan, Russia

  • 29 Jun 11:05

New agreements approved between Azerbaijan, Russia President of Azerbaijan Ilham Aliyev signed a decree approving an agreement on cooperation in the field of communications and information technologies between the Ministry of Transport, Communications and High Technologies of Azerbaijan and the Ministry of Digital Development, Communications and Mass Media of Russia on June 26, Trend reports. The decree says that the agreement was signed on May 20, 2021 in Moscow. After the document comes into force, the Ministry of Transport, Communications and High Technologies of Azerbaijan will ensure the implementation of its provisions. The Azerbaijani Foreign Ministry has been instructed to send a notification to the Russian. Read more...

Deputy PM: Belarus' agricultural exports will change insignificantly in the wake of sanctions

  • 28 Jun 12:19

Deputy PM: Belarus' agricultural exports will change insignificantly in the wake of sanctions The economic sanctions of the European Union will affect the agro-industrial complex to a lesser extent, Deputy Prime Minister of Belarus Aleksandr Subbotin told the Belarus 1 TV channel on 27 June, BelTA informs. “As to the agro-industrial complex, sanctions will affect it to a lesser extent. The land is ours, we have learned to work on it. We will have to work a bit harder. Maybe, we might have to adjust our export card, but I think the aftermath for the agricultural sector will not be critical, although I would not want it at all,” Aleksandr Subbotin said. Speaking about the country's major partner – the Russian Federation, the deputy. Read more...