World meat industry news

Russia Appeals WTO Ruling on EU Pork Import Ban

  • 6 Oct 09:10

As was widely anticipated, Russia has appealed against the World Trade Organisation (WTO)’s judgement that its ban on imports of EU pig meat products was against WTO rules. Appeals can take up to three months to complete. If the original judgement is upheld, Russia will have to remove the ban within a ‘reasonable period of time’ or face retaliatory measures. The Russian import ban was imposed in early 2014, in response to outbreaks of African Swine Fever (ASF) in Poland and the Baltic States. Although the disease has not spread beyond these countries, the Russian ban affected the whole EU. A number of other importers have restricted shipments. Read more...

Russia attracts just $11 billion at Sochi forum as numbers fall

  • 6 Oct 09:09

Russian companies and government authorities concluded 215 agreements totaling 704 billion rubles ($11.3 billion) during the 2016 Sochi International Investment Forum. This was announced by Russian Deputy Prime Minister Dmitry Kozak, who oversees the event, after its closure, the TASS news agency hasreported(in Russian). According to Kozak, the event on Russia’s Black Sea coast was attended by more than 4,000 professionals from 43 countries. However, as experts point out, the forum in Sochi has lost its former popularity over the last year. Fewer visitors, fewer contracts Although Kozak regarded the most recent Sochi investment forum as quite successful,. Read more...

Spain Hog Market

  • 4 Oct 11:21

At the beginning of the year, market prices for hogs were below 1 euro/kg liveweight. However, after 20 weeks of consistent price rises, the current price of 1.325 euro/kg liveweight has been maintained (with small ups and downs). A year ago, this price was 1.185 euro/kg liveweight. The average carcass weight of pigs is 1.5 kilos lower than last year. At the end of this summer, pigs have lost more weight than in previous years. The pig population has dropped 1.8 per cent among the Top 12 EU Producers, and the demand is higher. Germany’s pig population dropped 3.4 per cent (current population 27,146,000 with 1,917,000 sows), as well as Denmark’s (-2.6. Read more...

38 More ASF Outbreaks Reported in Russian Pigs

  • 4 Oct 11:20

A further 38 more outbreaks of African Swine Fever (ASF) have been confirmed on backyard pig units. In total, of the 105 pigs susceptible, 74 cases were reported. Nearly all 105 pigs have died or been destroyed as a. Read more...

Regional development main topic at 2016 Sochi Forum

  • 3 Oct 10:54

An international economic forum in the home of the 2014 Winter Olympics may feel the effects of recent State Duma elections as officials focus on new ideas for equitable regional development in the country. The 2016 Sochi International Investment Forum at the Main Media Centre of Sochi's Olympic Park in Sochi, Russia, on Sept. 29, 2016. Source: Alexander Ryumin/TASS Host Photo Agency Investment specialists from around the world will gather in the Black Sea city of Sochi from Sept. 29-Oct. 2 to discuss how to improve Russia’s regional economies. This year’s international investment forum is expected to attract more than 7,000 people from. Read more...

Meat industry will benefit from digital

  • 3 Oct 10:51

The meat and livestock sector will see many advantages from robotics in the future, a European Commission official has said in a debate in Brussels on the. Read more...

Weekly Overview: World Leaders Agree Action to Fight Antimicrobial Resistance

  • 30 Sep 11:32

World leaders have signalled an unprecedented level of attention to curb the spread of infections that are resistant to antimicrobial medicines, in a pledge agreed by 193 countries at the United Nations headquarters in New York. Countries reaffirmed their commitment to develop nationalaction plans on antimicrobial resistance (AMR). Leaders recognised the need for stronger systems to monitor drug-resistant infections and the volume of antimicrobials used in humans, animals and crops, as well as increased international cooperation and funding. They pledged to strengthen regulation of antimicrobials, improve knowledge and awareness, and promote best practices - as well. Read more...

Downward pressure on global beef prices

  • 29 Sep 08:52

Several factors are expected to cause global cattle and beef prices to stay subdued or soften over the second half of 2016.Lower beef prices in the US and a slowing Chinese economy is creating a downward pull on prices at an international level. Brazil, however, is an exception; with an economic outlook that is improving and with increased beef exports, cattle prices are expected to rise, according to Rabobank Global Beef Quarterly Q3 2016. Through 1H (first half) 2016, US and Canadian cattle prices dropped, whilst other countries’ prices – especially Brazil and Australia – increased. This resulted in the Rabobank Beef Index tracking in a. Read more...

Food trends: Why beef and pork is about to get cheaper

  • 29 Sep 08:51

Beef and pork prices in the US are expected to drop by more than 10% in the next nine years, according to. Read more...

China Pork Market

  • 28 Sep 12:18

The live weight pork price paid by Chinese packing houses in 2016 has been steadily rising from 17rmb/kg to a high of 20rmb/kg in June. In August the price has fallen slightly to 18 rmb (2.71USD) a kg, which this commentator concludes is the result of high temperatures reducing the demand for pork combined with the larger number of market hogs being slaughtered, writes Alexander Kovachevich, GM China Area, Genesus Genetics. In this extreme heat, The ‘Autumn Tiger’ as it’s known in China, farmers, for the most part, are unable to control barn temperatures and prefer to sell hogs out. At 18rmb/kg producers are still making good money, expansion plans. Read more...