World meat industry news

All news / Large chicken producers began to reduce product prices

  • 17 Oct 2023, 09:37

Three players dominating the domestic chicken meat market notified the Federal Antimonopoly Service (FAS) of the decision to reduce selling prices for broiler carcasses, TASS reports citing information published today on the official website of the market regulator.

We remind you that in early October, the FAS sent three interregional holdings - PJSC Cherkizovo Group, GAP Resurs and JSC Prioskolye - and large retailers letters with a strong recommendation to reduce prices and provide prices for chicken.

The agency called on supply chain participants to behave responsibly, warning them to monitor their obligations. The three largest suppliers of broiler poultry products were required to analyze production costs and confirm the validity of pricing.