World meat industry news

In October 2018 beef (except of boneless meat) prices in Russia were estimated at 327.10 rubles / kg/ That was up 0.4% comparing to the previous month, and 2.5% more than in October 2017. Since the beginning of the year, the price of this product has increased by 1.8%. This is a new price maximum for beef in Russian retail market, at least in the last three years.

For the period from January 2016 the minimum beef price was fixed in August 2016 (311.56 rub./kg), notes SoyaNews; the maximum - in October 2018(327.10 rubles / kg).

The most expensive beef in October 2018was sold in the Far Eastern Federal District (411.51 rubles / kg), the cheapest - in the North Caucasus (296.55 rubles / kg).

Average retail beef prices, rub / kg