World meat industry news

In the annual forecast of the Food and Agriculture Organization (FAO) of the United Nations   the role of Russia in the world meat market is ignored, Russian industry experts say.

According to FAO forecasts, meat production in Russia by 2029 will grow from 10.5 million to 11.36 million tons, and exports - from 279 thousand to 338 thousand tons. Meanwhile, according to Daria Snitko, head of the Gazprombank Center for Economic Forecasting, the production of pork and the export of meat (of all types) this year will reach the figures given in the report for 2029. And poultry production will increase by 10 percent by 2025 - four years earlier than FAO predicts.

"Russia has a competitive advantage associated with obtaining rather cheap feed for pig breeding compared to other countries, this will contribute to growth in the meat industry," she said.

The head of the National Meat Association, Sergei Yushin, says that high rates of growth in meat production have been observed in the Russian Federation in the last 10 years. Today Russia is among the top 5 poultry meat producers and is fighting for the 5-6th place in world pork production ratio.