You searched for "domestic market" (2 results found)

Russian authorities want to ensure domestic supply

  • 30 Mar 10:33

With companies focusing on lucrative export markets, the Russian government is considering measures to ban export of certain food products. Their aim is to ensure domestic supply and prevent turbulence on the domestic market because of the new coronavirus Covid-19 pandemic, deputy Prime Minister Andrey Belousov said. With the exception of a few categories there is no need to introduce that kind of measures right away, Belousov said, adding that the authorities are monitoring the situation on the market. Speaking at the same meeting, Russian President Vladimir Putin called on the government to act “in advance” and introduce all necessary measures timely.. Read more...

Russia fails in promoting pork in the domestic market

  • 21 Jan 10:11

Neither the National Pig Producers Association or the National Meat Producers Association are involved in national advertising campaigns promoting pork consumption, says a foreign observer. While Russian pig production is growing, domestic consumption stays low and export markets remain closed due to the ASF situation in the country. Pig price is currently 82 Roubles ($1.34) per kg liveweight, with only Canada and the US reporting lower prices, observes Simon Grey, General Manager Russia CIS and Europe, Genesus. "The reason is the local supply and demand. Production in Russia continues to increase and demand in Russia is virtually static due to weak growth. Read more...