World meat industry news

Statistical surveys conducted by government systems show that Ukraine’s poultry population has fallen by more than 8% over the past year.

Ukrainian agricultural economists say the weakening economic system and government irresponsibility have posed serious financial and monetary threats to the country’s poultry industry. Hence, many are trying to restructure the country’s debt.

According to a recent report, Ukraine has lost more than $ 1 billion in foreign exchange earnings from cereal export over the past two years. On the other hand, the International Monetary Fund has also opposed the provision of emergency financial assistance to the country.

Estimates show that poultry meat exports from the country in the first six months of this year have decreased by more than 85,000 tons compared to the same period last year.

Earlier, Vladimir Putin issued an instruction extending sanctions against countries such as the United States and Ukraine until the end of 2021.

Recently, the country has banned the transportation of Ukrainian poultry products to Russia. This could be a major challenge for Ukraine to gain access to East Asian markets. Given the problems mentioned, now we have to wait and see if the poultry industry of this country will be able to regain its position or not!