Russia Agribusiness Report Q4 2011

Page 1

Find Industry reports, Company profiles and Market Statistics

ReportLinker

>> Get this Report Now by email!

Russia Agribusiness Report Q4 2011 Published on August 2011

Report Summary BMI View: Russia finally ended its grain export ban on July 1, potentially bringing to an end a period of short supply and high prices on the global market. Early developments in H211 suggest a promising picture in terms of strong exports, while this year's improved though by no means spectacular - harvest has boosted confidence in supply levels over the 2011/12 marketing year. With heavy orders so far from Egypt defying many expectations, our prediction that Russia would retake its place as one of the world's largest wheat exporters appears to be proving correct. Domestic prices have fallen recently, suggesting exports can remain strong. Key forecasts - In 2011/12, we are forecasting wheat production to rebound 25.5% to 52.1mn tonnes. Output is expected to fall short of levels in 2009/10 due to a lower planted area for the winter crop due to soil dryness. - Corn production in 2011/12 is forecasted to rise to 5.06mn tonnes, up 65% year-on-year as farmers cash in on high prices. - We continue to forecast poultry production growth in 2010/11, albeit at a slower rate than in 2009/10, as higher feed costs and production capacity constraints limit production growth. We are now forecasting production in 2010/11 to reach 2.5mn tonnes, a year-on-year increase of 8%. - The outlook for beef is less rosy due to poor producer returns and the current high feed costs. In 2010/11, we are forecasting beef production to fall slightly to 1.4mn tonnes owing to high feed costs and a slight fall in cattle inventories. - In 2010/11, we forecast milk production to remain virtually flat at 32.0mn tonnes. Higher yields and rising milk prices will stimulate production over the short to medium term, but the herd will be drawn down due to the summer heatwave. - Real GDP to grow 4.6% in 2011 and 4.5% in 2012. Industry Developments Russia finally removed its export ban on July 1. Early developments in H211 suggest a promising picture. This year's improved harvest is already boosting confidence in production levels, leading to falling prices. Meanwhile, our expectations that Russia would retake its place as one of the world's largest wheat exporters appear to be proving correct. In July, Russia cleared up at Egyptian wheat tenders, winning its third tender in a row since the abandonment of the ban. The three orders meant Egypt bought 480,000 tonnes of Russian wheat in July. Russia's historically rocky trade relations with Belarus flared this year when the devaluation of Belarus' currency lowered the price of its exports to the point where Russian producers complained they were unable to compete. In response to producers' concerns, the Russian government renegotiated the terms of bilateral trade with Belarus. The two countries' respective agricultural ministries agreed to monitor prices of Belarusian dairy exports on a weekly basis to ensure they remained within agreed limits. If prices deviated from the limits, exports to Russia could be suspended.

Table of Content Executive Summary SWOT Analysis

... 5 .... 7

Russia Agricultural SWOT Russia Political SWOT

Russia Agribusiness Report Q4 2011 (From Issuu)

..... 7 ... 8

Page 1/5


Find Industry reports, Company profiles and Market Statistics

ReportLinker

>> Get this Report Now by email! Russia Economic SWOT

9

Russia Business Environment SWOT

10

Industry Forecast Scenario

.... 11

Russia Dairy Outlook

.. 11

Russia Milk Production, Consumption & Trade

..... 12

Russia Butter Production, Consumption & Trade

... 12

Russia Cheese Production, Consumption & Trade Russia Milk Production, Consumption & Trade Russia Butter Production, Consumption & Trade

... 16

Russia Cheese Production, Consumption & Trade Russia Rice Outlook

. 12 ..... 15 . 16

.... 18

Russia Rice Production, Consumption & Trade

..... 18

Russia Rice Production, Consumption & Trade

..... 19

Russia Grain Outlook

. 21

Russia Wheat Production, Consumption & Trade

.. 22

Russia Corn Production, Consumption & Trade

.... 22

Russia Barley Production, Consumption & Trade

.. 22

Russia Wheat Production, Consumption & Trade

.. 25

Russia Corn Production, Consumption & Trade

.... 25

Russia Barley Production, Consumption & Trade Russia Livestock Outlook

.. 25

... 27

Russia Poultry Production, Consumption & Trade

. 28

Russia Pork Production, Consumption & Trade

..... 28

Russia Beef & Veal Production, Consumption & Trade Russia Poultry Production, Consumption & Trade Russia Pork Production, Consumption & Trade

..... 32

Russia Beef & Veal Production, Consumption & Trade Commodity Price Analysis

.. 34 34

Table: Cocoa Coffee

.. 34 35

Table: Coffee Milk

.. 35 ... 36

Table: Milk Sugar

..... 36 37

Table: Sugar

... 37

Monthly Grains Update Corn

..... 38 .. 38

Table: Corn Rice

.... 38 ... 39

Table: Rice Soybean

...... 39 ... 40

Table: Soybean Wheat Table: Wheat

32

..... 34

Monthly Softs Update Cocoa

29 . 31

...... 40 41 ... 41

Downstream Supply Chain Analysis Industry Forecast Scenario- Food

Russia Agribusiness Report Q4 2011 (From Issuu)

... 42 ... 42

Page 2/5


Find Industry reports, Company profiles and Market Statistics

ReportLinker

>> Get this Report Now by email! Consumer Outlook Food

. 42 43

Total Food Consumption

..... 43

Table: Food Consumption Indicators -- Historical Data & Forecasts Mass Grocery Retail

... 45

Table: Russia's Top 10 Mass Grocery Retailers

..... 46

Table: Mgr Value Sales By Format -- Historical Data & Forecasts Trade

44

.... 46

..... 47

Table: Food, Drink & Tobacco Trade Indicators (US$Mn) -- Historical Data & Forecasts Macroeconomic Forecast

Table: Russia - Economic Activity, 2008-2015 Global Food & Drink View

... 51

.. 59

How We Generate Our Industry Forecasts

Russia Agribusiness Report Q4 2011 (From Issuu)

50

...... 51

Food & Drink Roundup Q211: Core Views BMI Forecast Modelling

.. 47

.. 48

.... 59

Page 3/5


Find Industry reports, Company profiles and Market Statistics

ReportLinker

>> Get this Report Now by email! Fax Order Form To place an order via fax simply print this form, fill in the information below and fax the completed form to: ƒ ƒ

Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93

If you have any questions please visit http://www.reportlinker.com/notify/contact

Order Information Please verify that the product information is correct and select the format(s) you require. Russia Agribusiness Report Q4 2011

Product Formats Please select the product formats and the quantity you require. 1 User License--USD 530.00

Quantity: _____

3 User License--USD 689.00

Quantity: _____

5 User License--USD 795.00

Quantity: _____

Annual Subscription--USD 975.00

Quantity: _____

Department License--USD 1 060.00

Quantity: _____

Corporate License--USD 3 180.00

Quantity: _____

Contact Information Please enter all the information below in BLOCK CAPITALS

Title:

Mr

Mrs

Dr

Miss

Ms

Prof

First Name:

_____________________________ Last Name: __________________________________

Email Address:

__________________________________________________________________________

Job Title:

__________________________________________________________________________

Organization:

__________________________________________________________________________

Address:

__________________________________________________________________________

City:

__________________________________________________________________________

Postal / Zip Code:

__________________________________________________________________________

Country:

__________________________________________________________________________

Phone Number:

__________________________________________________________________________

Fax Number:

__________________________________________________________________________

Russia Agribusiness Report Q4 2011 (From Issuu)

Page 4/5


Find Industry reports, Company profiles and Market Statistics

ReportLinker

>> Get this Report Now by email! Payment Information Please indicate the payment method, you would like to use by selecting the appropriate box.

Payment by credit card

Card Number: ______________________________________________

Expiry Date

__________ / _________

CVV Number _____________________

Card Type (ex: Visa, Amex…) _________________________________

Payment by wire transfer

Crédit Mutuel RIB : 10278 07314 00020257701 89 BIC : CMCIFR2A IBAN : FR76 1027 8073 1400 0202 5770 189

Payment by check

UBIQUICK SAS 16 rue Grenette – 69002 LYON, FRANCE

Customer signature:

Please note that by ordering from Reportlinker you are agreeing to our Terms and Conditions at http://www.reportlinker.com/index/terms

Please fax this form to: Europe, Middle East and Africa : + 33 4 37 37 15 56

Russia Agribusiness Report Q4 2011 (From Issuu)

Asia, Oceania and America : + 1 (805) 617 17 93

Page 5/5


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.