In 2020, Russian pork production is set to grow by 270,000 tonnes to a total of 4.2 million tonnes. The increasing numbers are a cause for concern, warns Yuri Kovalev, chairman of the Russian Union of Pork Producers (RUPP). Kovalev told Russian agricultural magazine Agroinvestor that the increase in 2020 will be one of the strongest increases during the past few years. He added that Russia’s pig industry is now entering a stage of low profitability and high risk, because more pork will be ending up on the market. Prices for pigs are coming down That additional production quantity is pushing prices down. During the first 5 months of 2020, the average price on. Read more...
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