World meat industry news

The rise in food prices, which is marked in recent times, largely due to the imported components in its production, I believe in the Ministry of agriculture.

“It should be noted that the pressure on prices in most sub-sectors of agriculture is currently providing the growth of the dollar, due to the import component in the production of agricultural products”, – reports the Ministry of agriculture, which conducts regular monitoring of prices. In April, the price dynamics were mixed, the report States.

So, the price of beef in slaughter weight for the month decreased 0.5% to 237,79 rubles per 1 kg, pork – by 1.6% to 138,64 of the ruble, chicken meat – by 2.1%, to 103,05 of the ruble. This contributes to increasing the production of main categories of meat products, believe in the Ministry of agriculture. “After a brief excitement on the part of consumers at the beginning of the month demand was reduced, which resulted in a decline in meat prices, – stated in the message. – According to the National meat Association, this year there are no preconditions for the growth of prices on major categories – poultry, and pork, while average prices will be below the previous year”.

Milk prices in April were stable, with small fluctuations.

The cost of live fish decreased by 2.1% to 126,73 rubles for 1 kg fish fillets – by 2.2%, to 666,36 ruble, canned fish – by 0.1%, to 162,67 of the ruble. While there is growth of prices for imported products, due to changes in currency exchange rates.

At the same time, the Agency notes the traditional seasonal price growth for fruit and vegetables. From 31 March to 30 April, potatoes from the farmers increased by 16.7% to 13 rubles per 1 kg, carrots – by 12.8%, to 15.25 ruble, potatoes – by 10.9%, to 15.05 ruble, potatoes – by 4.7% to 45.47 rubles, onion – by 1.7% to 15.17 ruble. While currently the prices of carrots, onions and cabbage are lower than the previous year by 10%, 10,9% and 30.4%, respectively.

“The current price growth is primarily associated with the exhaustion of the stock of the crop last year and an increase in the cost of imported products due to currency fluctuations. Further stabilization of prices will contribute to the measures taken at the level of the ECE, including zero import customs duties and the export ban until the end of the season,” – stated in the message.

The Ministry expects to maintain a stable situation on the market of vegetables and increase their production this year. So, the potatoes will be placed in the square 1329,1 thousand hectares, which is 51.2 thousand hectares more than last year, vegetables – 527,2 thousand hectares (almost 10 thousand hectares more).

At the same time, the prices of greenhouse vegetables are declining: cucumbers in April fell by 12.6%, to 66.89 rubles per 1 kg, tomatoes – by 17.2%, to 109,32 of the ruble. According to may 5, in the greenhouses is collected 401,2 thousand tons of vegetables, which is 20.6% more than the previous year, including 280,5 thousand tons of cucumbers (19.3% more), tomatoes – 113,3 thousand tons (25.3% more). This year, the USDA predicts a record production of greenhouse vegetables – at least 1.25 million tonnes, which is 9.6% more than in 2019.

The Ministry of agriculture also reported that in April, the 3rd class wheat price increased by 4.8% to 12.53 rubles per 1 kg, class 4 – 8.2% to 12.08 of the ruble. This is due to the devaluation of the ruble and accelerating exports in April. Last week, grain prices stabilized through product intervention and export quotas. The Ministry expects further adjustments.

The price of bread remained at a stable level, rising prices for flour rose by 7.2%, to 20.73 rubles. The Ministry recalled that the cost of bread flour is not more than 20%.

Commenting on the situation in the sugar market, the Ministry of agriculture with reference to the Chairman of the Board of soyuzrossakhar Andrey bodeen noted that prices for sugar currently make up about 24.5 rubles per 1 kg compared to early April virtually unchanged. Higher prices in remote areas due to higher transportation costs.

According to him, current sugar prices 24% below wholesale prices over the same period last year. “Because of the low prices in the domestic market and lower profitability in sugar beet production this year is expected to reduce its plantings by 20%,” – said the head of soyuzrossakhar.

Bodine also drew attention to the decline in demand for confectionery products and sugar – from the industrial consumers. “In April, a number of distribution networks refused to supply packaged sugar from manufacturers in early contracts, he said. – Because of the decline in world sugar prices amid falling oil prices can be expected to reduce the pace of sugar exports and high inventory, which will exceed demand until the beginning of the new season of sugar beet processing”.