World meat industry news

From the beginning of March to the end of July 2023, prices for chicken and pork from suppliers of Russian restaurants increased by 20–30%. This was reported by RIA Novosti with reference to the Ombudsman in the Moscow restaurant market, Sergey Mironov.

“On March 8, a chicken breast fillet cost 280 rubles, and on July 26 it was already 355 rubles per kilogram. And now it has grown even more due to the jump in the exchange rate. <...> A kilogram of pork carbonate in March was 280 rubles, and at the end of July it was already 365 rubles, pork tenderloin rose from 335 rubles to 375 rubles, ”said Mironov.

“Before that, the rise in prices was due to the fact that demand exceeded supply,” he said.

According to him, restaurateurs believed that there were enough poultry farms in the country, and they were not ready for such a situation.

Concerns about rising prices were also expressed in KFC and Rostic`s fast food restaurants.

The chef of the Matryoshka restaurant, Vlad Piskunov, said that "grain-fed chickens have risen in price by 50% lately."

“The prices for the chickens we take increased by 15-20% in August compared to three or four months ago. And compared to what it was a year ago, the growth was about 40%,” added Gleb Marach, managing partner of the True Cost network.

The Federal Antimonopoly Service (FAS) sent inquiries to the three largest poultry meat producers to check their wholesale selling prices, and orders were issued to two poultry meat producers based on the results of transactions in the market.

According to Rosstat, the average consumer prices for chilled and frozen chickens in Russia increased by 11.5% from the beginning of the year to July, and by 6.99% during July alone, to 197.85 rubles per kilogram.

The Ministry of Agriculture expects a decrease in meat prices in late August - early September. Agriculture Minister Dmitry Patrushev suggests that there is now a "normal seasonal growth."