World meat industry news

Russian Ministry of Agriculture does not expect changes in meat prices due to the resumption of meat imports from Brazil.

"The resumption of meat supply from Brazil will not have a significant impact on the price level in the domestic market due to the insignificant volumes of imports from this country relative to the total market volume," said the officials.

According to the Director General of the National Union of Pig Breeders Yuri Kovalev, Brazil will not be able to return the previous volumes of meat supplies. “The peak of the pork supply  from Brazil  was fixed in 2017, when it was imported about 250 thousand tons of meat. In 2018  supplies from this country fell to 30-40 thousand tons, and Russia's own pork production increased by almost 250 thousand tons. Thus, this year the products of domestic companies fully compensated the entire undelivered volume of Brazilian pork. Next year, Russia will increase pork production by another 200 thousand tons. Therefore, of course, meat from Brazil will not be able to return to the Russian market in the previous volumes”, he said.

Russian watchdog Rosselkhoznadzor imposed a ban on the pork and beef imports from Brazil from December 1, 2017, but in November 2018, the ban was lifted.