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against Russia in order to create "leverage for the diplomatic process," said US Deputy Assistant to the President Duleep Singh.The Kremlin called Washington's "sanction addictions" unacceptable Dollar exchange rate Central Bank USD₽74,845 - Euro exchange rate of the Central BankEUR ₽90,585 - The results of US sanctions on Russia so far are "pretty close" to what the administration of US President...

In January-February 2021, Russia reduced imports of fresh and frozen meat by 13.7% compared to the same period last year - to 38.3 thousand tons, the volume of poultry meat supplies decreased by 32.2% - to 23.6 thousand tons, follows from the materials of the Federal Customs Service (FTS). The import of fish to the Russian Federation in January-February decreased by 2.4% - to 76 thousand tons, the...

The United States increased sales of plant-based milk and meat to $7 billion. Thus, the growth was 27% This is stated in the estimates of the Plant Based Foods Association and The Good Food Institute. According to the experts' conclusions, the growth rate of the market for vegetable-based animal protein substitutes has almost doubled that of the retail market for traditional products. Thus, about ...

Asparagopsis taxiformis is a popular Pacific "red algae" that could save the world from greenhouse gases. Studies in Australia and Canada have shown that a small amount of red algae added to livestock feed significantly reduces the amount of methane emitted by livestock. Cow burps alone account for 26 percent of the country's total methane emissions, according to the EPA, and the US alone is the ....

The volume of exports of agricultural products from the Ivanovo region in the first quarter of this year amounted to almost 9.1 million dollars, which is 1.8 times higher than in 2020. In the first quarter of last year, products worth $0.2 million were exported from the region, and for the year as a whole - worth $5 million. The Ivanovo region takes part in the implementation of the federal projec...

Plant-based meat substitutes are becoming more and more popular around the world. The global market for plant-based meat substitutes is expected to reach nearly $15 billion by 2027 . Some meat producers are concerned about the emergence of such a competitive sector. News broke last week that Meggies, an American company, has begun producing meat-based plant-based substitutes. In particular, they t...

financial institutionsto the secondary market of ruble bonds.While the administration is assessing the effect of the sanctions imposed two days earlier USD/RUB USD/RUB₽75,818 -0,66% Buy Ministry of Finance of the Russian Federation SU25083RMFS5₽1,036.3 +0,01% Buy The US administration is evaluating the effect of the sanctions imposed on the Russian public debt and admits the possibility of expandi...

US red meat exports fell 8% for beef and 12% for pork in February from the same month last year, according to data released by the USDA and compiled by the US Meat Export Federation (USMEF). However, the outlook for this year remains positive as USMEF executives expect logistical hurdles and labor shortages to be cleared at short notice. "Logistics challenges, including congestion at some US ports...

Sales of plant-based meat and milk in the US have broken all records U.S. retail sales of plant-based meats, milk and other "plant-based substitutes" are up 27 percent in 2020, to $7 billion. They grew twice as fast as food sales in general. It is believed that the US is a trendsetter in the food industry of the world. And this means that in a few years these trends, one way or another, adjusted f...

At the round table "Forecast of scientific and technological development of the agro-industrial complex: a new agenda in the post-COVID era", Dmitry Krasnov, Head of Agroexport of the Russian Federation, announced priority markets for Russia that will ensure further growth of domestic exports He named the main buyers of domestic agricultural products, including China , Southeast and South Asia, In...

The Mexican pork market is gradually recovering from low prices at the beginning of the year. According to the latest market report from Genesus, it has managed to raise prices by about $0.33 per kilogram of live weight to $1.76 per kilogram over the past month and a half. However, the outlook for the sector is much more difficult, as grain prices have risen in price by 5......

Domestic grain consumption is not growing and remains at the level of last year - about 80 million tons per year, and the likelihood of its increase, as well as the expansion of meat production, is extremely low. Vladimir Petrichenko, CEO of the analytical company ProZerno, spoke about this during the Russian Meat & Feed Industry conference of Agroinvestor. Feed production over the past two months...

The COVID-19 pandemic has caused major disruption to Canada's food system while demonstrating the need for more diversified food processing capacity. As a result, Canadian livestock farmers and meat processors have taken unexpected and exceptional health and safety measures during the pandemic. The Government of Canada is helping meat processors invest in safety measures to protect their workers a...

Funds managed by CapVest Partners LLP, an international private equity firm, have agreed to sell Eight Fifty Food Group to Sofina Foods Inc., a leading Canadian animal protein producer. CapVest acquired Karro Food Group, a leading UK pork processor, in 2017. The investor and management subsequently acquired the iconic seafood business Young's Seafood in 2......

By 2030, the cost of producing 1 kg of cultivated meat will drop to $5.66 (437 rubles) and will be less than the current wholesale price per kilogram of ground beef ($6.20 or 479 rubles). This was reported in a study by the Dutch consulting company CE Delft. According to her, now the production of a kilogram of meat from a test tube can cost in the range from $22 thousand to $149, depending on the...

British pork processors are asking the government for £15m ($20.7m) to cover losses from exports to China . Some of the processors hit by the coronavirus outbreak have lost access to the Chinese market and are experiencing financial difficulties, according to the Financial Times. The industry estimates that 1 million pig carcasses were not exported due to the suspension of exports of some parts to...

At the auction on April 6, the GDT price index showed a slight increase The Global Dairy Trade (GDT) index showed a slight increase at the last auction. The last auction - event 281 - ended on Tuesday, April 6, with the growth of the GDT price index by 0.3%. The auction lasted two hours and 15 minutes, 169 bidders participated. In total, 25,1......

A new report released by Brazil's Secretariat for Foreign Trade (Secex) shows that meat exports started to recover at the end of the first quarter. March deliveries of beef, pork and chicken rose in volume and revenue compared to the same period last year, according to official data. The shipment of fresh, chilled or frozen beef in the third month of 2......

Artem Daushev, assistant to the head of the Rosselkhoznadzor , at the plenary meeting "Russia-Saudi Arabia: Prospects for the Development of Mutual Trade in Agricultural Products", held yesterday, said that more than 40 domestic enterprises were certified for the right to supply products to the kingdom. The event was organized by Agroexport. This is one enterprise for the production of beef, four ...

Total beef exports to Southeast Asia (SEA) fell 25% year-on-year in February. With a limited number of approved suppliers, beef exports to Malaysia have fallen sharply due to limited domestic supplies. Despite the overall decline in beef exports to Southeast Asia, Singapore, Thailand and Vietnam showed moderate growth. Prolonged restrictions and closures of catering outlets, limited supply of live...

Compared to the same period last year, Brazilian poultry meat exports decreased by 4.7% in volume terms in the first 2 months of 2021. In January and February, overseas sales declined from 672,700 tons in 2020 to 640,400 tons in 2021. According to the Brazilian Animal Breeders Association (ABPA), exporters received US$956.1 million , down 11.7% from the previous year ($1.......

Cattle prices rose, which was reflected in the cost of Choice meat, which rose $1.21 in a week, as well as the cost of Select beef, which increased in price by $1.52. Choice/Select leverage settled at $9.89. Slaughter of livestock, like beef production, increased during the week, but declined over the year. Cattle futures are rising in price. The USDA said this week that frozen beef stocks fell 8....

In 2020, companies producing alternative proteins received more than $3 billion in investments, and in 15 years this market will approach $300 billion. Online grocery delivery services are actively developing and raising new mega-rounds. Alternative protein, including meat, eggs, dairy and seafood, could reach $29......

Brazil exported 1,270 tons of eggs in January and February, up 150% from the same months a year ago. “Strong export growth in 2021 will resume shipments that were practiced before the pandemic. The balance of sales increases the amount of currency generated by the sector at a particularly important time for the egg sector, with high production costs,” commented Ricardo Santin. , President of the B...

The Kremlin has denied the opinion that the ruble is "feverish" amid expectations of new U.S. sanctions. This was stated by the press secretary of the Russian President Dmitry Peskov, reports a correspondent of RBC. "I don't agree with the word 'feverish'. Nothing is feverish here. Volatility may be higher than usual, but nothing is feverish," said Peskov in response to a journalist's question. Pe...

to other countries undermines confidence in the US currency US-imposed sanctions lead to the fact that the role of the dollar in the global economy is declining, while the popularity of the yuan and the euro is growing. This was stated in an interview with RBC by an economist, leading researcher at the Stone Center for Socio-Economic Inequality of the City University of New York, professor at the ...

When Chinese leader Xi Jinping was the first world leader to congratulate Alexander Lukashenko on his electoral victory on August 10, it was taken as serious support. However, since then the second world economy has provided little assistance to the Belarusian regime. In 2020, China quite quickly changed its ambassador to Belarus. But Minsk has been selecting a new head of the diplomatic mission i...

Farmers in Canada are at the forefront of deteriorating climate impacts, so adopting climate-smart best practices and policies is the best way to increase the sustainability of agricultural production. The best way to increase climate resilience in the diverse realities and landscapes of Canadian agriculture is to develop and implement solutions tailored to each region, led by farmers and farmer g...

South Korea's chicken exports hit a new record high in 2020, with shipments of processed chicken up nearly 60% from 2019. The global demand for ready-to-eat foods continues to grow. Overseas shipments of processed chicken reached US$21 million in 2020, up 59.5% from the previous year, according to The Korea Herald . Korean cuisine is gaining momentum in the global gastronomic scene, including Kore...

According to Bloomberg sources, Toennies' German operations may be up for sale. The news agency said that Klemens Toennis was looking into the sale of Germany's largest meat processing plant and was looking for potential buyers such as Tyson Foods Inc., JBS SA and WH Group Ltd ( China ). If implemented, the decision could turn into a €4 billion ($4.8 billion) deal, the sources said. In 2......