World meat industry news

The Ministry of Agriculture of Russia promises to reduce prices for poultry meat this year due to the restoration of production at some enterprises. The department said that prices have already begun to change and have fallen by 4.2% since the beginning of the year, reports moneytimes.ru.

The consumer price index published by Rosstat indicates that pork prices have also decreased. So, from January 21 to February 4, average pork price fell by 0.6%.

Director General of the National Union of Pig Producers Yuri Kovalev noted, that this year the decline in prices of pork will continue. First of all, this will be affected by the growth of production and internal competition among producers and the lifting of restrictions on the supply of meat from Brazil .

According to the head of the executive committee of the National Meat Association, Sergey Yushin, the situation in the market of meat and meat products for consumers will soon be stable. Today, poultry meat production in the country is successfully provided by domestic enterprises, with some of the products being exported, he added.