Search Result for : Meat

The Dollar Business Bureau Meat exports from India rose to 13.53 lakh tonnes in the financial year 2016-17 from 13.36 lakh tonnes a year ago, Commerce and Industry Minister Nirmala Sitharaman informed the Parliament on Wednesday. However, in value terms, exports dropped to Rs.27,184 crore in 2016-17, compared to Rs.27,528 crore in 2015-16. “The Commerce Ministry has received no complaint with regards to the prevention of production of leather and meat, Sitharaman said in a written response to the Rajya Sabha. However, the export of buffalo meat was declined, according to the data, she said. During April-May period of 2016-17, buffalo meat export was $554 million whereas it stood at $530 million during the same period this ...

The Dollar Business Bureau Goa Chief Minister Manohar Parrikar said on Tuesday that the state-run slaughterhouses produces about 2,000 kg of beef a day and the additional demand for beef in the state is met by importing it from neighbouring state like Karnataka. In a reply to question by a BJP member in state assembly, over the beef quality supplied by the neighbouring state, Parrikar said that the beef procured from Karnataka would be put to proper process of inspection. “Approximately 2,000 kg beef is produced per day at the state abattoir - the Goa Meat Complex Limited, while rest of beef is brought in from Karnataka,” said the Chief Minister, who also holds the portfolio of animal husbandry. “The projected beef sale in the ...

The Dollar Business Bureau Inflation based on Wholesale price index (WPI) fell to 0.90% in June, lowest in eight months as the prices of food commodities and manufactured goods declined. Inflation was 2.17% in May 2017 and (-) 0.09% in June last year, according to the official data released by the Commerce Ministry on Friday. “Build up inflation rate in the financial year so far was -0.44% compared to 3.71% in the corresponding period of the previous year, it said. The prices of major food items such as vegetables, potatoes and pulses witnessed a sharp decline in the month. The prices of potato, pulses and vegetables dropped by 47.32%, 25.47% and 21.16%, respectively. The sharp decline in food items prices last month could be due to the agitation by ...

The Dollar Business Bureau  The United States Department of Agriculture (USDA) on Friday lowered the forecast for overall production of meat in 2017 to 100.1 billion pounds (lb) against the 100.4 billion pounds estimated last month. However, it raised the forecast for production in 2018 from the previous 102.8 billion lb to 103 billion lb.  “Beef production for 2017 was lowered to 26.3 billion lb primarily due to lighter carcass weights, which will more than offset expected increased slaughter in the later part of 2017, USDA said in its latest report “World Agricultural Supply & Demand Estimates” released on June 9.  The expectations for further placements are backing up a higher beef forecast in 2018 of 27.2 billion lb, the report added.  For 2017, ...

The Dollar Business Bureau  The Customs department has suspended the imports of livestock and livestock products into India from all countries due to the threat of avian influenza. A communication to the effect was issued via notification no: 09/2015-2020 dated June 8, 2017. According to the notification, the following imports have been suspended with further effect. domestic and wild birds (excluding poultry and captive birds)  unprocessed meat and meat products from Avian species including wild birds (except poultry)  semen of domestic and wild birds (except semen of poultry)  Live poultry and captive birds  day old chicks, ducks, turkey and other newly hatched Avian species  unprocessed meat and meat products from Avian species including wild birds  hatching eggs  egg and egg products (except Specific Pathogen Free eggs)  unprocessed feathers  live pig  pathological material and biological ...

The Dollar Business Bureau The EU was the largest destination of exports for Philippines in March this year. The latest statistics by Philippine Statistics Authority (PSA) revealed that exports to European Union member countries, with 16.2% share to total merchandise exports amounted to $901.24 million.  It rose by 56.2% from $577.04 million recorded in March 2016. What was even more interesting was that the export numbers of Philippines to EU for that month overtook those of US which was $809.93 million and Japan $762.43 million. Several factors contributed to the increase in trade numbers. A strong EU economy and its rising demand saw an increase of 1.9%, a rise in the agri-food sector exports backed by the EU’s Generalised Scheme of Preferences (GSP) that allows ...

The Dollar Business Bureau  The country’s retail inflation declined sharply to 2.99% in April against the 3.89% in March, on account of lower prices of food items such as vegetables and pulses that recorded a deflationary trend.  In April 2016, the consumer price index (CPI) inflation was at 5.47%.  Pulses and products prices witnessed a sharp decline in April, with a deflation of 15.94%, whereas prices of vegetables fell by 8.59%. In March, the two items recorded a deflation of 12.42 and 7.24%.  The fuel and light segment recorded an inflation of 6.13% in April, higher as compared to 5.56% in March.  Fruit prices grew at 3.78% in April, lower than 9.35% in the previous month, according to the Ministry of Statistics and Programme Implementation ...

Sreenivasa Rao Dasari Reeling under turbulent pressure, goat and sheep meat abattoirs-cum-processing units in Telangana look to government support as low margins are evaporating their export potential. The sheep meat exporters are urging the state government to extend subsidy on feed to lower sheep prices in addition to offering turnover-based incentives. Meat exports from Telangana are declining by the day owing to higher production costs when compared to other states such as Karnataka.  Several abattoirs and meat processing units in Telangana are suffering from under capacity utilization owing to the supply shortage. Similarly, the goat and sheep meat export performance has also turned sluggish as poor price disparity make the local processing units uncompetitive in the global market, observes Mohammad Hasan, Managing Partner ...