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Russian meat processing industry on the brink of going under

The Russian meat processing industry is on the verge of a crisis, with dozens of producers facing the possibility of going bankrupt in the coming months, according to industry sources.

Bullish outlook for global poultry industry

Pricing across the global poultry market is expected to remain bullish, despite the recent Russian ban, according to a new report by Rabobank.

Brazilian beef production and exports expected to rise

Exports of Brazilian beef are predicted to rise by 10% next year, according to the latest Global Agricultural Information Network (GAIN) report, by the US Department of Agriculture’s Foreign Agricultural...

Cherkizovo to invest RUB4bn in pork and poultry

Russian meat giant Cherkizovo Group is to invest RUB4bn (US$104m) in the expansion of its pork and poultry production facilities in Voronezh.

Belarus and Kazakhstan to benefit from Russian meat embargo

Belarus and Kazakhstan look set to increase their supplies of meat to Russia, as the recently implemented trade restrictions on imports have created a bigger demand and attractive prices, according...

News in brief

McDonald’s sees significant sales drop in APMEA

Global fast food chain McDonald’s has seen sales drop 14.5% in the Asia/Pacific, Middle East and Africa (APMEA) region.

Russian agri-firm invests in export plans for China

RusAgro, one of Russia’s largest agricultural holdings, has announced an investment of RUB60 billion (US$1.61bn) in the development of pork production in the far east of the country, as well...

European meat market stable despite Russian embargo, Brussels expert says

The European meat market is not in crisis following the embargo imposed by Russia on meat from the European Union (EU), a European Commission expert has told GlobalMeatNews.

Danish pork sector to lose DKK1.6bn to Russia through Moscow ban

Danish meat industry organisations estimate that Russia’s meat embargo will cost the country’s pig farming industry around DKK1.6bn (US$282m/€215m) in 2014.

Russia starts to woo Swiss for meat exports

Russian meat importers have started soliciting meat from Switzerland as its ban on European Union (EU) food imports looks set to stay in place for months.

Argentina to double meat exports to Russia

Argentina will be able to double its supply of meat to the Russian market from about 15,000t in 2013 to almost 30,000t in 2015, taking advantage of the trade restrictions...

Russia starts closing McDonald’s restaurants

Russian sanitary inspection service Rospotrebnadzor has closed four McDonald’s restaurants in Moscow and has initiated inspections in other restaurants across the country in the next stage of the continuing conflict...

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Austria to feel effects of Russian meat ban

Russia’s one-year ban on agricultural imports will have a significant impact on Austrian agricultural exports, according to a new report by the US Department of Agriculture’s Foreign Agricultural Service (FAS)....

Russia attacks McDonald’s over meat quality

Russian authorities have said they want to ban production of a number of popular McDonald’s burgers, claiming the fast food chain has violated the country’s legislation, which could result in...

News in brief

Cherkizovo renames flagship brand

Russian meat processing giant Cherkizovo Group has changed the name of its flagship brand Cherkizovsky, to Cherkizovo.

Armed conflict in Ukraine affects largest meat producers

Ongoing armed conflict in eastern Ukraine is harming meat businesses, as the largest agricultural holdings in the country have reported serious problems in the regions where fighting is taking place.

Brazil looks set to benefit from Russia import ban

Brazil looks set to ramp up exports of meat to Russia after it imposed a 12-month ban on beef, pork and poultry imports from the US, EU, Canada, Norway and...

Russian meat industry looks favourably on impact of sanctions

Trade restrictions on meat imports, put in place by the Russian government last week, should have a positive impact on the domestic meat industry, according to representatives of the Russian...

EU likely to suffer less than US/Canada from Russian ban

Russia’s decision to ban meat imports, among other food products, is set to hit the US and Canada harder than the EU, according to reports.

Russia considers new import bans

Russia is seeking new sanctions on meat product imports. The country’s veterinary watchdog Rosselkhoznadzor said it was considering a ban on meat imports from Poland and a total ban on...

Australian Lamb Group suspends exports to Russia

The Australian Lamb Group (ALG) has halted all exports of lamb and mutton to Russia in the wake of the MH17 plane tragedy.

News in brief

Devro highlights progress in China

Scottish collagen casing manufacturer Devro said it had made "significant progress" on its business developments in China, in its interim results for the six months to 30 June 2014.

Miratorg expands investment in its latest beef project

Russian meat giant Miratorg will put an additional RUB1.4bn (US$47m) of government subsidies towards a project to produce high-quality beef in the country’s Bryansk Oblast region.

Russia continues to restrict meat imports

During the first half of the year meat imports to Russia fell by 37% year-on-year, while the country’s own meat production rose by 4%, clearly to compensate the losses, according...

Putin puts weight behind raising of Russia's beef and offal import duties

Russian President Vladimir Putin has instructed the government to prepare, before 1 October 2014, the deletion of cattle meat and beef offal from the list of goods that can be...