World meat industry news

Putin Signs Extension for Russian Food Import Ban

  • 6 Jul 11:25

Russia's President Vladimir Putin has reportedly signed a decree to extend the ban on various agri-food imports from Western countries as part of sanctions resulting from the crisis in Ukraine. According to Russia'sTASSnews agency, Mr Putin signed the decree last week, extending the ban until the end of 2017. The ban covers a number of products includingbeef, pork, fruits and vegetables, meat, poultry, fish, cheese, milk, and most types of dairy products from the United States, European Union, Canada, Australia and Norway. Previous reportssuggested that a number of meat and vegetables intended for use in baby foods are exempt. Read more...

Putin cuts VAT on breeding cattle and poultry in Russia

  • 5 Jul 14:41

Russian president Vladimir Putin is to abolish the 10% VAT rate on breeding cattle and poultry, as well as breeding. Read more...

EU and Russia still at loggerheads over ASF

  • 5 Jul 14:40

African Swine Fever (ASF) cases continue to be reported in eastern Europe, making it tough for an agreement to be reached between Moscow and Brussels. Read more...

Russia Reports More ASF on Swine Farms

  • 4 Jul 13:28

Nine new outbreaks of African Swine Fever (ASF) have been reported on pig farms in eastern Russia. A number of village and backyard pig farms in theSaratovskaya,Lipetskaya,Novgorodskaya, RyazanskayaandNizhegorodskaya regions have been affected. In total, of the 234 pigs susceptible, 25 cases were reported. There has also been one outbreak. Read more...

Russian trade ban inflicts maximum damage

  • 4 Jul 13:24

Russia’s politically-motivated decision to slash meat imports continues to be a bloody thorn in the side of the meat industry,. Read more...

Unstable beef markets give challenges

  • 30 Jun 12:10

he Rabobank global beef index ticked up in Q1 2016 after declining for much of 2015. However it shows signs of dropping again as softening prices in the US and Canada battle strengthening prices in Australia and Brazil, according to the Rabobank Global Beef Quarterly Q2 2016. “Volatility is a key theme across most markets at the moment“, says Angus Gidley-Baird, Senior Animal Protein Analyst at Rabobank. “A range of factors are creating a degree of uncertainty, including the economy and exchange rates influencing Brazil, seasonal conditions impacting Australia, the economy impacting China, and market volatility impacting the. Read more...

Brexit may trigger meat price hike

  • 30 Jun 12:09

Analysts expect the cost of imported meat, such as bacon, to rise after the pound plummeted in the wake of the UK’s historic decision to. Read more...

African Swine Fever as number 1 problem

  • 27 Jun 12:15

African Swine Fever might have been a problem in Eastern Europe for a few years now, but in Sub-Saharan Africa it has been the number 1 problem keeping investments in the pig industry at bay. Expert contributor Fernando Rodríguez explains why. EXPERT My first entries in Pig Progress have been devoted to glorify the best human invention: vaccines, magic bullets that facilitate succeeding at controlling infectious diseases. Even though this is my favourite topic, for a change I would like to dedicate these brief lines to recognise the magnificent effort made and or to be made by those compromised in the past, in the present and in the future to fight African. Read more...

Russia-China agreement on grain hub calls for investing $1.1 bln

  • 27 Jun 12:13

The memorandum to be signed on June 25 as part of President Vladimir Putin's visit. The project exceeds $1.1 billion. Source: Reuters "The amount of investment in equipment there will be about $85 million, and together with construction about $100 million," Deputy Agriculture Minister Sergei Levin said on the sidelines of a meeting of the Russian-Chinese intergovernmental commission for investment on June 24. The memorandum calls for establishing a major logistics corridor consisting of 30 facilities, including a grain terminal and 29 elevators in various parts of Russia to support shipments. The project is expected to be carried out in the. Read more...

EU Pig Prices: Quotations Increasing Throughout Europe

  • 24 Jun 08:03

Currently, the pig slaughter markets are displaying a friendly face all over Europe. Accordingly, the quotations went up in all significant countries. The positive values range from 3 cents (Denmark) to 6 cents (Germany). Spain remains the top leader in the EU comparison. Last week, the Spanish quotation went up by a converted 5 cents per kg slaughter weight, now amounting to a corrected 1.66 euros per kg slaughter weight. At the same time, the slaughter weights have gone down by about 5 kg since the beginning of the year. According to Spanish market observers, exports towards China in particular are the reason for swift marketing of the comparably large quantities. Read more...