World meat industry news

Russian agricultural producers held more than 400 meetings with a potential of $50 million at the WorldFood Istanbul 2023 exhibition

  • 12 Sep 10:43

Russian agricultural producers held more than 400 meetings with a potential of $50 million at the WorldFood Istanbul 2023 exhibition From September 6 to 9, the international exhibition of food and beverages World Food Istanbul 2023 was held in Istanbul (Turkey). 30 Russian manufacturers presented their products as part of the national collective exposition under the Made in Russia brand, which was organized by the Russian Export Center (VEB.RF). From the first day of WorldFood Istanbul 2023, the Russian stand aroused great interest among representatives of the agricultural industry from all over the world. During the 4 days of the exhibition at the Made in Russia stand, companies held more than 440 b2b meetings with potential partners from Turkey, Egypt, Saudi Arabia, the UAE, Syria, Lebanon,. Read more...

Beef market: production is not growing, but exports are increasing

  • 12 Sep 10:42

Beef market: production is not growing, but exports are increasing The Lipetsk Meat company plans to increase beef supplies to China this year to record volumes of 55 tons per day, or 20 thousand tons per year, which is almost half of all beef exports from Russia. The company delivered a trial batch of 137 tons in July this year. “Within two months, Lipetsk Meat plans to move from weekly deliveries to regular daily deliveries: at least two containers of products. The amount of contracts signed by the end of the year is 800 million rubles,” the company’s general director, Sergei Oganov, told Expert. — We will export frozen beef products of more than 40 types. At first, these will be products for B2B. Read more...

The first certificates for the production of organic venison have been issued in Russia for the first time

  • 12 Sep 10:40

The first certificates for the production of organic venison have been issued in Russia for the first time Farms for raising Nenets reindeer in the Yamalo-Nenets Autonomous Okrug received certificates. Experts from the Certification Body of the Federal State Budgetary Institution “VGNKI” have successfully completed the certification procedure for compliance with the requirements of the GOST 33980-2016 standard “Organic production products. Rules of production, processing, labeling and sales" in two farms of JSC "Sovkhoz "Baidaratsky" and SPK "Tazovsky" in the Yamalo-Nenets Autonomous Okrug. The enterprises are engaged in raising domestic reindeer of the Nenets breed, slaughtering them and processing meat. During the audit,. Read more...

Preferential lending to agricultural enterprises will be restored by the end of 2023

  • 11 Sep 11:21

Preferential lending to agricultural enterprises will be restored by the end of 2023 The Ministry of Agriculture plans to resume preferential lending to agricultural and food enterprises until the end of 2023. Another popular program will be returned to the market later, in early 2024. The Ministry of Agriculture considers preferential lending to agricultural enterprises a sufficiently popular measure to resume the program in 2023. This was stated in a statement by the head of the Ministry of Agriculture Dmitry Patrushev at a meeting of the State Duma committees on agrarian issues. The Ministry of Agriculture recalled that over the five years of the program, the volume of loans issued has increased several times. For example, in 2017 there were 137. Read more...

Consumer prices for chicken meat continue to rise in Russia

  • 11 Sep 11:20

Consumer prices for chicken meat continue to rise in Russia The departmental publication of Rosselkhoznadzor “Veterinary Medicine and Life” reports that, according to the Rosstat report on changes in consumer prices for the period August 29 to September 4, chicken meat rose in price by an average of 1.5% last week. In some regions, price increases were more significant. An increase in the price of chicken ranging from 0.1 to 10.2% was recorded in 76 constituent entities of the Russian Federation. Retail prices decreased only in four (by 0.1–0.8%). Since the beginning of the year, their growth has reached 19.63%. In the same week, prices for semi-smoked and cooked-smoked sausages increased by an average. Read more...

Russia plans to extend the quota for duty-free import of beef

  • 11 Sep 11:18

Russia plans to extend the quota for duty-free import of beef In 2024, the quota for preferential beef imports to Russia is planned to be extended. The corresponding draft decision of the Council of the Eurasian Economic Commission (EEC) has passed the stage of public discussion. The quota for 2024 could be 100 thousand tons - the same as this year. This measure “is aimed at balancing the cattle meat market in the Russian Federation, as well as stabilizing prices for meat products,” according to the EEC materials. Meat processors came up with the initiative to eliminate the import duty on beef last year, arguing that there was a shortage of domestically produced beef. In 2022, 200 thousand tons were allowed to. Read more...

Rosstat continues to record rising prices for poultry meat

  • 8 Sep 11:07

Rosstat continues to record rising prices for poultry meat During the week from August 29 to September 4, prices for chicken meat in Russia increased by an average of 1.5%. At the same time, in a number of regions the increase turned out to be more significant - up to 10.2%, as follows from the Rosstat report on the weekly change in consumer prices. Thus, chicken meat prices have risen in 76 regions of the country over the past week. The growth ranged from 0.1 to 10.2%. The price of chicken decreased only in four regions. The decrease averaged 0.1–0.8%, according to Rosstat data. Since the beginning of the year, poultry meat has increased in price by 19.63%. Semi-smoked and boiled-smoked sausages increased in price by. Read more...

RSHB highly appreciated the opportunities of agricultural companies on the stock market

  • 8 Sep 11:06

RSHB highly appreciated the opportunities of agricultural companies on the stock market In the next five years, the number of Russian agricultural companies represented on the domestic stock market should increase significantly. As RIA Novosti reports, such forecasts were voiced by analysts from Rosselkhozbank. In the meantime, according to them, there are not very many such players. As examples, experts named two winemaking companies Novabev Group (previously a well-known distributor of Beluga Group) and the famous and largest in the Kuban "Abrau-Durso", as well as one cheese producer - the Istra Cheese Factory of the famous and respected cheese maker in Russia Oleg Sirota. The first of them had a significant increase in financial indicators for the. Read more...

Experts expect the container shipping market to decline in 2024

  • 8 Sep 11:05

Experts expect the container shipping market to decline in 2024 Container shipments continued to grow in August and, following the results of eight months, exceed last year's figures by almost 13%. Analysts warn that there is an overheating of the market, which, under the influence of the weakening ruble and infrastructure restrictions, will result in a decrease in traffic as early as 2024. The growth drivers were the transportation of cars and components, as well as mineral fertilizers. The market expects to exceed the mark of 7 million TEU by the end of the year. In January-August, 4.8 million TEU of loaded and empty containers were transported across all types of traffic, which is 12.7% more than a year earlier; the. Read more...

Russia should prepare for rising prices

  • 7 Sep 11:24

Russia should prepare for rising prices In autumn, Russians should prepare for rising prices not only for imported, but also for many domestic products. Meat, fish, sugar, vegetables, fruits, bread and even baby food will rise in price at least within the limits of inflation. It's not only about the weak ruble, but also about logistics, problems with personnel in domestic agriculture, and even an increase in the recycling fee. Logistics and more In the context of the rising value of the dollar, imported goods will definitely show growth. But inflation is influenced by many other factors. One of them is logistics. “The rise in fuel costs, especially in the southern regions of Russia, continues. Read more...