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The Crisis Of Poultry Producers In Russia

21 Oct 2020

• 21 Oct 09:09

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Due to rising feed prices in Russia, the country’s poultry industry producers are facing many problems. Russian poultry unions have not raised the price of their products for fear of a drop in consumer demand and are content with a minimum profit of 7%.Although officials in the country have allowed a 15 percent increase in the price of these products, manufacturers say such an increase would reduce people’s purchasing power and reduce demand. An issue that could drive many manufacturers off the market. Some experts believe that with the current trend in Russia, some companies will be forced to stop production and close. An issue that could add to the. Read more...