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Russian companies react to food embargo extension

Russia’s meat industry could reap benefits from the extension of its food embargo, which will not directly increase prices on its domestic market, say market participants. 

The Dixy chain finds price pressure is more linked to currency volatility, seasonality and legal changes than the embargo

US meat firms hope for South African trade boost

US poultry and pork exporters are hoping trade with South Africa could increase thanks to the now-approved extension of the African Growth and Opportunity Act (AGOA).

Pork firm APK-Invest hit by Ukraine conflict

Ukraine’s largest pork producer APK-Invest continues to suffer losses due to the ongoing conflict in Ukraine’s eastern region, where the company’s largest assets are located. Direct losses from the conflict are estimated at UAH40 million (US$1.8m), according to an official report from the company.