The current pig price in Russia is 102 Roubles ($1.61) per kg live. This means good producers are making in the region of $50 for a 120kg pig, writes Simon Grey, General Manager Russia, CIS, and Europe. There were predictions of over supply this autumn, with very low prices that were expected to be below the cost of production for all but the very best producers. Several outbreaks of African Swine Fever in large farms in the past few weeks has led to over 100,000 pigs being destroyed and burnt. Maybe this has been enough to reduce numbers of pigs going to market. Certainly, the current ‘conspiracy theory’ that are so loved in Russia is that African Swine. Read more...
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