You searched for "meat production growth.low demand" (1 results found)

Low demand slowed meat production growth

3 Jun 2019

• 3 Jun 13:50

---

At the end of 2019, the growth rate of meat production in Russia may be the lowest in the last ten years. The reason is the saturation of the domestic market against the background of a decline in real incomes of the population. In order to maintain demand, manufacturers will have to lower prices, and this will affect the profitability of the business. Companies have high hopes for export to Asian countries, which is projected to increase by 40%. The growth rate of poultry meat and livestock production in 2019 may drop to its lowest level in the last ten years, according to a presentation by the Sovekon analytical center provided by Kommersant. According to. Read more...