During the first half of the year, meat production in Russia increased significantly. This makes pork more affordable for consumers and opens up new opportunities for export. The largest increase occurred in pork sector – up 10.9%, the Ministry of Agriculture said. This is due to the opening of new enterprises and the expansion of exports, according to the department. According to Rosstat, beef production in the first half of the year increased by 2.3%, poultry production - by 0.8%. In 2017-2019, multibillion-dollar investments were made in the construction of pig farms. Now the enterprises are reaching full capacity, and this process will last for several. Read more...
The KrasnodarMedia news agency shared its forecast for the dynamics of purchase and retail pork prices from a private investor, winner of the Kuban Leaders contest, Dmitry Garmatyuk. He believes that pork prices may rise significantly immediately after the New Year. The root cause of a possible increase in the cost of pork in the Krasnodar Territory, as well as in Russia in general, will be the problems in the countries of Southeast Asia associated with the epidemic of African swine fever. Pork deficit led to an unprecedented increase in demand for this type of meat in foreign markets. So far, we do not feel this, because supply contracts are concluded for. Read more...
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