World meat industry news

According to the results of the first quarter of this year, the price of eggs fell by 2.6% compared to their cost in January-March 2022, follows from the Rosstat report “The Socio-Economic Situation in Russia”.

After the price fell in January, there is an increase of 2.6% in February compared to the previous month and by 3.6% in March compared to February 2023. However, egg prices in March 2023 were 2.5% lower than in March last year, the report notes.

Since the beginning of this year, the price of meat has continued to fall - by an average of half a percent every month. In March 2023, the price of meat and poultry decreased by 1.3%. At the same time, prices for chicken meat fell immediately by 7.5% compared to March 2022. Compared quarterly, prices for meat and poultry as a whole rose by 1.9% year-on-year, while chicken meat prices fell by 4%, according to the report.

Prices for fish and seafood increased by 10.7% over the year. At the same time, since the beginning of the year, there has been a slight upward adjustment in prices - by a maximum of half a percent. In March of this year, the price of fish and seafood increased by 7.1% compared to March 2022.

The cost of milk and dairy products increased by 10.7% over the year. Since the beginning of the year, there have also been minor adjustments to the increase in the cost of milk and dairy products at the level of 0.1-0.2%.

Butter according to the results of the first quarter rose in price by 8.9% in annual terms. At the same time, a slight increase in its value in January was played back in February.