World meat industry news

 For the week from April 11 to 17, inflation was 0.04%. In annual terms, the rate of price growth decreased to 2.82% YoY.

 In the segment of food products, prices increased by 0.08% (0.03% in the previous week) due to an increase in the rate of appreciation of fruit and vegetable products (0.66% after an increase of 0.29%). For food products with the exception of vegetables and fruits, there was a near-zero price increase of 0.03% (0.01% a week earlier). Prices for meat products, sugar, bread and bakery products have increased. At the same time, the rate of decline in prices for flour, dairy and fat-and-oil products, as well as pasta and cereals, continued to reduce the cost of eggs.

Global markets

3. In the week from April 11 to 17, prices on the world food markets changed from -5.0% to +3.9% (from -2.4% to +5.7% a week earlier). In annual terms, prices decreased by -14.0% YoY in April.

In the week under review, wheat prices increased in the United States (3.3%) and France (1.6%), soybeans (1.3%) after last week's decline. Quotations for corn (3.9%) and beef (1.4%) increased. Prices for white sugar (-5.0%) and pork (-1.6%) decreased after an increase last week. Soybean oil (-0.6%) and palm oil (-2.8%) continued to fall in price.

Prices for raw sugar have stabilized.

4. In the world fertilizer market, prices increased by 4.5% (2.7% a week earlier) due to the rise in the cost of nitrogen (4.3%) and mixed fertilizers (4.8%). In annual terms, in April, the price decrease was -49.0% YoY.