World meat industry news

A summary of average November prices on the domestic Russian meat market indicates a rise in beef prices, which has been observed since the beginning of the year.

Data analysis did not take into account prices for boneless meat. In November, the average price of beef on bone was 347.97 rubles per kilogram. Over the month, it increased by 0.6%, and from the beginning of the year - by 5.7%. On an annual basis, the price of cattle meat increased by 5.9%. The lowest beef prices in Russia over the past two years and 11 months were recorded in January 2017 when one kilogram of cattle meat cost an average of 315 rubles. In November of this year, the price once again rose to a maximum level of 347.97 rubles per kilogram. The highest price of beef in November 2019 - 398.61 rubles per kilogram - was recorded in the Central Federal District of Russia.