Current Russian pig price is 94.9 Roubles ($1.37) per kg live-weight including VAT. At this level, good producers continue to make good profits even with this year’s higher feed price. There has not been over much disruption to supplies from meat plant closures, although there are plants where the administrative staff is packing meat. This is one circumstance where having excessive levels of administration have helped. It does of course beg the question if in these circumstances’ administrators can work on the factory floor, what do they do in normal times? Using the word PROFIT, in the opening paragraph triggers some thoughts. Conventional wisdom says that. Read more...
Current Russian pig price is 94.9 Roubles ($1.37) per kg live-weight including VAT. At this level, good producers continue to make good profits even with this year’s higher feed price. Simon Grey, General Manager Russia, CIS, and Europe. simongrey@genesus.com There has not been over much disruption to supplies from meat plant closures, although there are plants where the administrative staff is packing meat. This is one circumstance where having excessive levels of administration have helped. It does of course beg the question if in these circumstances’ administrators can work on the factory floor, what do they do in normal. Read more...
The pig price in Russia has fallen to 92 Roubles ($1.43) per live kg. Half carcasses are selling for 140 Roubles ($2.19) meaning a margin of 1,436 Roubles ($22.4) for slaughter plants. For the large integrated producers margins are still good, although lower than over the past few years. December, January and February are the months where in Russia the price is lowest. For the higher cost producers, the winter is not looking good! New farms continue to be built and stocked and consumer spending pretty static. Increasing supply and no change in demand means generally lower prices. That is unless anything major, like Russian pork being. Read more...
During a recent visit of customers and clients in China we offer the following observations Sow numbers Everywhere we go we are hearing of producers who have made the decision to depopulate certain facilities as they deal with theASFissue. The question is how many sows have been taken out of production and shipped to the market? We are being told sow numbers are down an estimated 20% across the country since the start of these measures to battle the disease. Biosecurity We have noticed heightened biosecurity measures are being adopted by producers, feed manufacturers, and others throughout the pork industry today in China. It seems everyone is. Read more...
The Russian pig Price remains strong at 107 Roubles (US$1.65) per kg live-weight including 10% VAT. by Simon Grey, General Manager Russia CIS and Europe, Genesus Inc. Prices are following the normal annual trend downwards at this time of the year. With production costs around 65 Roubles per kg ( $1US /kg) for good producer’s Russian pig farmers remain very happy. Last week Genesus attended the annual Golden Autumn show in Moscow with our Russian supplier, AgroEco. The show was very well attended. We were pleased to be told that AgroEco get the highest price for their slaughter pigs in Russia. This is in part due to the excellent meat-eating quality. Read more...
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