World meat industry news

The list of Russian livestock enterprises for the supply of products has been expanded

  • 20 Jun 10:30

The list of Russian livestock enterprises for the supply of products has been expanded Based on the results of the work carried out by the Rosselkhoznadzor on the access of products to the Chinese market, the Main Customs Administration of the PRC approved 2 Russian enterprises engaged in the production of beef and the storage of poultry products. The GTU of the PRC also lifted previously imposed restrictions on the supply of poultry products from 2 poultry farms. In addition, the registration of 5 Russian organizations previously approved for the supply of dairy products to China has been extended for another 5 years. Rosselkhoznadzor will continue to expand the list of Russian companies that have the right. Read more...

Three Russian companies entered the top 50 largest pork producers in 2023

  • 20 Jun 10:29

Three Russian companies entered the top 50 largest pork producers in 2023 Genesus has published another list of the 50 largest global pig companies. Russia is represented by three companies: Miratorg (17th place), Rusagro (38th place) and Sibagro (41st place). 24 of the top 50 pork producers are Chinese companies. The list also includes 12 companies from the US, 4 from Brazil, 3 from Spain and 2 from Thailand. In total, the companies from the rating own almost 16.5 million sows - 635 thousand more than a year earlier. Top 20 world's largest pork producers Place in ranking Company name Country Number of sows 1 Muyuan Foodstuff Co., Ltd China 2.8 million 2 Wens Food Group Co., Ltd. China 1.4 million 3 Smithfield Foods/WH. Read more...

SPIEF: Rosselkhozbank predicts growth in investment in agricultural technology in 2023

  • 19 Jun 11:02

SPIEF: Rosselkhozbank predicts growth in investment in agricultural technology in 2023 Rosselkhozbank analysts analyzed investment activity in the agricultural technology market in 2022. The amount of financing amounted to 30 million dollars. Bank experts predict an increase in investment volumes in 2023. This was announced on the sidelines of the XXVI St. Petersburg International Economic Forum by Elena Baturova, director of the Center for the Development of Financial Technologies of the Russian Agricultural Bank. The results of the analysis conducted by the RSHB showed that the steady growth in the flow of investment in the agritech sector, which has continued over the past 10 years, showed a slowdown in 2022. The amount of funds raised last year amounted. Read more...

RSHB made a rating of promising halal products

  • 19 Jun 11:00

RSHB made a rating of promising halal products The most promising halal products for the export of the Russian agro-industrial complex are poultry meat, chocolate and beef. Andrey Dalnov, head of the Center for Industry Expertise of the Russian Agricultural Bank, spoke about this at the site of the St. Petersburg International Economic Forum, speaking at the session “Halal Industry: Prospects and Achievements”. Top Muslim markets for the Russian agro-industrial complex Halal is an Arabic word meaning "permissible". In the context of economics, this refers to goods and services that comply with religious requirements and Islamic norms. The market for such products is actively developing. Read more...

For 4 months, 11.6 million tons of feed were produced in Russia

  • 19 Jun 10:57

For 4 months, 11.6 million tons of feed were produced in Russia In April 2023, Russia produced 2914.3 thousand tons of compound feed - 3.3% less than in the previous month and 2.5% more than in April 2022. For 4 months of 2023, compared to the same period in 2022, the volume of feed production in our country increased by 4.0%. For the period from January 2021, the minimum volume of feed production in our country was recorded in February 2021 - 2392.0 thousand tons, SoyaNews draws attention. The maximum production volume was in December 2022. Read more...

Future of the sheep breeding in the South and the Caucasus in 2023

  • 15 Jun 11:08

Future of the sheep breeding in the South and the Caucasus in 2023 Sheep farming in 2022 has become the least vulnerable sector of agriculture. Experts and market players believe that in the coming years, an increase in demand and an increase in the production of mutton in the South and the Caucasus is expected. In 2022, the sheep industry proved to be the most resilient to feed production and processing challenges. According to Professor, Doctor of Agricultural Sciences DonGAU Yuri Kolosov, the share of mutton production in the country is about 3% of the total. At the same time, domestic producers have enough resources to double the production of lamb by 2035. In particular, the professor identified a great potential for the. Read more...

In 2023, exports of agricultural products may grow by more than 10%

  • 15 Jun 11:06

In 2023, exports of agricultural products may grow by more than 10% Exports of Russian agro-industrial products in 2022 increased by 12% compared to 2021. Comparable growth is possible this year, despite the suspension of supplies to unfriendly countries. Deputy Prime Minister Victoria Abramchenko said this in an interview with RIA Novosti at the St. Petersburg International Economic Forum. According to her, the closure of trade relations with unfriendly countries did not stop the export of agricultural products, on the contrary, supplies increased both in monetary and physical terms. The Deputy Prime Minister also said that this year Russia has signed more than 750 export contracts totaling 1.5 million tons of grain, oil and. Read more...

Demand for groceries and everyday goods has increased in Russia

  • 15 Jun 11:04

Demand for groceries and everyday goods has increased in Russia At the end of Q1 2023, the value of the NielsenIQ consumer optimism index increased to 104 points. This is 23 points higher than in Q1 2022 and four points higher than in Q4 2022, Kommersant reports. Readings above 100, analysts say, indicate that "consumers are generally bullish in terms of personal wealth, job prospects and willingness to spend." The proportion of surveyed consumers who rate their job prospects as excellent or good has risen from 55% to 66%, according to NielsenIQ. The share of those who are confident in their personal financial situation increased from 56% to 61%, and the percentage of Russians who are ready to buy new things increased. Read more...

EAEU countries will achieve self-sufficiency in meat and eggs in 2023

  • 14 Jun 10:28

EAEU countries will achieve self-sufficiency in meat and eggs in 2023 EAEU countries will achieve self-sufficiency in meat and eggs in 2023.According to Deputy Prime Minister of the Russian Federation Alexei Overchuk, there are agreements on the balance of supply and demand for the five EAEU countries for the most important types of agricultural products. The countries of the Eurasian Economic Union (EAEU) will become self-sufficient in poultry meat and poultry eggs in 2023, Alexei Overchuk, Deputy Prime Minister of the Russian Federation, told reporters at the Eurasian Congress on Friday. “If we talk about food security, the EAEU countries today provide for themselves in a number of areas. First of all, we fully provide ourselves. Read more...

Production of meat, milk and eggs has increased in Russia

  • 14 Jun 10:26

Production of meat, milk and eggs has increased in Russia In Russia, as of the end of April 2023, the number of pigs in farms of all categories increased by 5.4% compared to the end of April 2022 and reached 28.7 million heads. This is stated in the Rosstat report “The Socio-Economic Situation in Russia” based on the results of January-April 2023. In agricultural organizations, there is an increase in the number of livestock by 0.5% compared to the data at the end of April 2022. Including cows increased by 0.2%, pigs - by 7%, sheep and goats - by 2.8%, birds - by 1.1%. In addition, according to the report, in the first four months of this year, compared with the level of the same period last year, there is an. Read more...