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The average hog price in the Vietnamese market fell to 53,000 won per kg ($2.31 per kg) last month due to supply chain disruptions as the COVID-19 crisis affects the country's food sector. “Farmers cannot sell pigs, logistics are difficult and most pig farms are closed. Even so, the price of pork in the supermarket is very high and not hard to find,” commented Paul A. Anderson, General Manager Sou...

loan He said that he asked Russia to help in this situation Alexander Lukashenko Belarus asked Russia to provide a new loan to fight the coronavirus pandemic through the Eurasian Development Bank in exchange for the IMF loan that was not received by Minsk for this purpose. This, answering a question from an RBC correspondent, was announced by President Alexander Lukashenko during the "Big Conversa...

The cost of Choice meat in the US market rose by $3.68 in a week, the price of Select beef added $3.32. Choice/Select price leverage dropped to $19.17. If you are interested in analytics, don't miss Meatinfo.ru monthly analytical reports On the Chicago Mercantile Exchange (CME), live cattle futures strengthened on Wednesday, traders said, as cash trading volume rose and wholesale beef prices rose....

US President Joe Biden misspoke when he said some states are giving out $100,000 instead of $100 for COVID-19 vaccinations . His words are quoted by the press service of the White House. “There are places that offered a hundred you ..., a hundred thousand dollars, a hundred dollars. It would be really good. I would then and itself made three inoculations. But jokes aside, the $1......

In 2021, Russia continues to systematically increase the production of agricultural products and food, which allows not only to meet domestic needs, but also to increase its export potential. In the first half of the year, our country supplied $15 billion worth of food to foreign markets, which is 18% more than in the same period last year (data for the EAEU countries for January-May 2......

The average wholesale price of poultry in Poland has jumped by 33% over the past year, reaching PLN 3.99 per kg ($1.02 ), the highest level since 2014, according to a study by PKO BP. The average price of turkey meat rose by 40%, reaching its highest ever price of PLN 6.50 per kg (USD 1.67). At the retail level, the price rally is even stronger. The Polish Ministry of Agriculture estimates that th...

Company vaccines have proven effective, and wealthy countries are racing to secure reliable supplies amid the spread of the contagious delta strain of the coronavirus.newspaper writes The American companies Pfizer and Moderna have raised the cost of their coronavirus vaccines for the European Union, the Financial Times (FT) writes, citing supply contracts. According to the newspaper, Pfizer has ra...

On July 28, within the framework of the XII International Economic Summit "Russia - Islamic World: KazanSummit 2021", the session "Halal Industry: Experience, Prospects" was held. Artem Malkhasyan, Deputy Director of the Department for International Cooperation and Export Development of Agricultural Products of the Ministry of Agriculture of Russia, said: “The market for halal products is growing ...

The head of the Ministry of Agriculture and Food of Tatarstan Marat Zyabbarov, within the framework of the international economic summit "Russia - Islamic World: KAZANSUMMIT 2021", held negotiations on the development of trade and economic activities and investments in the agro-industrial complex. Among others, the issue of quality, the search for distribution channels, and the increase in the pro...

VTB Bank is ready to consider financial support for the export of Russian coronavirus vaccines to North African countries “One of the important issues mentioned by Mr. Minister (Minister of State for Foreign Trade of the UAE Thani bin Ahmed Al Zayudi. - Ed.) is the early vaccination against COVID-2019. We see that the countries of North Africa, together with their Russian partners, are already mov...

The mass liquidation of the number of pigs brought down the market. However, exports will remain high as China is still struggling to contain ASF outbreaks. In June, China's average pork price index fell 16.4% from the previous month to $3.1 per kilogram. According to official data provided by the Xinhua news agency, this is 54.1% less than the same period last year. Since the beginning of the yea...

Ecoline co-owner Evgeny Mikhailov told why the capital's garbage no longer needs to be sent outside the Moscow region,when the removal of separately collected waste will become free and what else is needed for a cyclical economy Evgeny Mikhailov About Moscow garbage and garbage reform About the consolidation of the waste management market Financial indicators and work during the lockdown Separate ...

Belarus may redirect food exports to Russia and China The Ministry of Agriculture and Food of Belarus is ready to direct the export of agricultural products to the markets of Russia and Chinaif the EU tightens sanctions against the republic. This was stated by the head of the department Ivan Krupko in an interview to the Belarus 1 TV channel. Krupko explained that at present Minsk receives $385 mi...

In Balykchy, with the support of the Kyrgyz-Russian Fund, the first broiler poultry farm in Kyrgyzstan was fully operational. Today, a slaughterhouse was opened, where modern equipment is installed. Askat Abdrakhmanov, the head of Agrokush LLC, said that the industrial complex includes a hatchery, a poultry farm and a slaughterhouse - 7,9......

Brazil was the first country to report an increase in US beef exports , and now New Zealand is confirming this trend in the North American market. In the first five months of the year, shipments of Brazilian beef to the US market rose 165.6% to 33,800 tons, according to Brazilian beef lobby Abiec. Exports rose 186% in May alone, making the United States the third-biggest foreign buyer of Brazilian...

Export prices for poultry meat - general trends Export prices for Russian poultry meat, according to AB-Center calculations based on the statistics of the Federal Customs Service of the Russian Federation, were at the levels of 1,645.0 USD/t (121,734 RUB/t in terms of rubles on the date of foreign trade operations). Over the past six months (by November 2......

The GDT price index fell for the seventh time in a row At the auction in mid-July, the average price index at the global GDT dairy auction continued to decline. This was the seventh consecutive decline in the index of average prices for exchange-traded dairy products, which began in mid-April. The value of the GDT index in the last auction fell by 2.9%, or 35 points, to 1,179 points. (mid-July 2.....

Quotations of cattle meat in live weight collapsed immediately after the coronovirus pandemic was declared in the world - in mid-March. Then they were at a low level for a long time. Back in early May, quotes were in the plane below $ 1 per pound, but then they began to restore their positions - in May, June and July. Then the dynamics of cattle turned out to be unstable, and pork mainly increased...

Last year, the global market grew by 2.09%, and the countries of the Asia-Pacific region are expected to achieve a CAGR of 2%. According to market researchers Technavio, the duck meat market could grow by $1.3 billion in three years. Last year, the global duck meat market increased by 2.09%, supported by rising demand from Asia-Pacific countries such as China , Japan and Malaysia. 8......

Agricultural holding MHP in the second quarter of 2021 increased the average selling price of chicken by 35% compared to the second quarter of last year - $ 1.67 / kg. At the same time, in Ukraine, it increased by 38% in dollar terms, to $1.63/kg (in hryvnia, by 42%, to UAH 45.0/kg), while exports grew by a quarter, to $1.69/kg. . In addition, the average cost of chicken meat in Ukraine for export...

In the first six months of the year, almost 950,000 tons of halal poultry products were exported from Brazil to the Arab countries. In terms of value, shipments to the Middle East are worth $1.3 billion, according to data released by the Brazilian Animal Protein Producers Association (ABPA). The main importers were: Saudi Arabia, 396,365 tons; UAE 239,826 tons; Yemen 85,13......

Smithfield Foods, the world's largest pork processor, has stopped slaughtering pigs in the so-called US Ham Capital , where the company was founded 85 years ago. Reuters says the completion of hog slaughter at the Smithfield, Va., facility is the latest reconfiguration of the company's namesake facility and follows a month-long internal review of its East Coast operations, Smithfield Foods said in...

Australian livestock farmers are selling fewer animals for slaughter as they want to replenish their herds after the drought. Young animals for flock recovery or fattening after a long drought are in greater demand than ever before. This resulted in a sharp rise in prices for some time. The Eastern Young Cattle Price Index (EYCI), the corresponding price index for young cattle weighing 2......

According to the Agroexport center subordinate to the Ministry of Agriculture, the export of agricultural products from Russia amounted to almost $15.6 billion by July 11, which is 18% higher than the figure for the same period in 2020. In general, by the end of 2021, the Ministry of Agriculture expects that the supply of agricultural products to foreign markets will amount to about $3......

French company Gourmey launches laboratory-grown foie gras For the production of artificial foie gras, the stem cells of a fertilized duck egg are placed in a test tube. A similar technology is used in the cultivation of artificial meat. Experts managed to preserve the taste and texture of the delicacy, said a Bloomberg journalist who attended a closed tasting. Foie gras is in an existential crisi...

In June 2021, China imported 743,000 tons of meat, down 17% from the same month in 2020. The decline in domestic pork prices has hit China 's demand for meat imports, according to Reuters. Meat imports in June also decreased by 5.8% compared to May (789,000 tons). However, meat imports in the first half of the year stood at 5.......

The US government is investing at least $500 million to expand processing capacity for beef, pork and poultry, Agriculture Secretary Tom Vilsack said Friday after consumers faced restrictions on meat purchases during the COVID-19 pandemic last year. Money from the $1.9 trillion pandemic response package approved in March will be made available to meat processors in the form of grants and loans to ...

by almost 24% Belarus has increased the export of butter by almost 24% In the Republic of Belarus, the export of butter in May this year amounted to 6.2 thousand tons. This is 23.9% more than in the same period last year. In total, 31.48 thousand tons of this product were supplied to foreign markets during the reporting period. Exporters earned $148.74 million, an increase of 18.1%, Belstat report...

Economists at CoBank predict major changes in the US food industry . In their opinion, the problems caused by COVID-19 will accelerate the automation of the entire supply chain. The expected summer economic boom is in full swing. Jobs abound, but workers are scarce as the labor market recovers more slowly than most economists expected. Workforce challenges that arose during the pandemic and persis...

South Korea is heavily dependent on Brazilian poultry imports - 80% of total imports come from Brazil. But many consumers are not aware of this. Starting in the last week of July, the Brazilian Animal Breeders Association (ABPA) wants to highlight the importance of Brazilian poultry meat in the South Korean market with an advertising campaign to be shown on the screens of subway stations and bus t...