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We are talking about cases where the cost of goods increased by 30% within 60 days for no apparent reason. The Federal Antimonopoly Service (FAS) has submitted such a bill to the government. The restriction should remain in effect until the end of 2024.
Violators will first be given orders, the next step is to initiate a case. But experts saw risks for companies with such regulation: businesses could be held accountable without further explanation.
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The government is discussing a new tool for stabilizing the cost of products: the FAS proposes to prohibit large companies from setting economically unreasonable prices for goods, as.
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The share of supplies of Russian agricultural products to friendly countries at the end of 2023 reached 87% of the total volume of exports of these products. This was announced by Deputy Minister of Agriculture of the Russian Federation Sergei Levin, speaking at the V annual strategic session organized by the Federal Center “Agroexport”.
The Deputy Minister noted that over the past five years, Russian producers have practically doubled the supply of agricultural products to foreign markets. In particular, during this time, supplies of meat products to foreign markets increased almost 4.5 times, and shipments of fish and seafood increased by.
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The Russian Federal Antimonopoly Service (FAS) may prohibit large companies from sharply increasing prices for food and other goods by 30 percent. According to the Izvestia newspaper, the regulator submitted a corresponding bill to the Government.
It is clarified that we are talking about increasing the cost to such limits over 60 days. Factors for the economic justification under which such a price increase is allowed are a significant change in demand or supply for products or seasonal factors for price increases, as well as fluctuations in regulated tariffs and increases in prices for raw materials and components. In the absence of such signs, the FAS will send a.
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Agricultural profitability will fall to 19.1% this year, lower than in 2022, when it reached 20.3%. Deputy Minister of Agriculture Elena Fastova announced this at parliamentary hearings in the State Duma, Interfax writes. This figure takes into account subsidies; without them, profitability is projected at 15.8%. It is expected that the share of profitable farms at the end of the year may increase to 86.7%, this value has consistently exceeded the 80% level since 2014.
The deputy minister also noted that industries such as the production of cattle and lamb remain unprofitable without government support. The average profitability there in recent years has been 2.5%.
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The opening of the Chinese market may become a prerequisite for increasing pork production in Russia. This opinion was voiced by Deputy Minister of Agriculture Andrei Razin at the XV International Scientific and Practical Conference “Pig Breeding-2023. From adaptation mode to further sustainable development.”
He noted that among the factors that positively influence the movement of the pork industry forward is increased consumption. This year there is good demand for pork from both the processing and consumer sectors. Based on the results of nine months of this year, the Ministry of Agriculture notes an increase in pork production by 6% compared to last.
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Over the nine months of this year, the increase in pork production in agricultural organizations amounted to 6.1%, and in the industry as a whole - 5%. “For the year as a whole, we believe that the figure will be more than 6%, this is a very large increase,” said the General Director of the National Union of Pig Breeders (NSU) Yuri Kovalev at the XV International Scientific and Practical Conference “Pig Breeding-2023. From adaptation mode to further sustainable development.” Next year, the growth in pork production will continue: according to NSS forecasts, by 2026, production volumes at the largest enterprises will increase in total by 600 thousand.
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At the XV International Scientific and Practical Conference of the National Union of Pig Breeders, the main trends in the development of pig breeding, increasing export potential and the introduction of modern production technologies in this industry were discussed. Deputy Minister of Agriculture of the Russian Federation Andrei Razin took part in the event.
In recent years, pig farming has become the main driver of meat production in the country. Over the 10 months of this year, large, medium and small agricultural organizations received 4.6 million tons of pigs for slaughter, which is 6.3% higher than last year.
Andrey Razin noted that this livestock industry.
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Prices for chicken eggs in Russia have increased significantly in recent months, and their strengthening continues. This is facilitated by a number of factors (a switch in demand for relatively cheap animal protein in the context of rising meat prices, an increase in the cost of egg production in the context of ruble devaluation, seasonal factors - price increases are observed annually from September to March, only due to the seasonal factor in this period prices in Russia they are strengthening annually by more than 20%).
However, despite rising prices, wholesale prices for chicken eggs in Russia remain among the lowest in the world.
AB-Center recalculated world.
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Annual inflation in the Russian Federation will continue to rise for several more months, but its current rate has stopped increasing, says the next issue of the Bank of Russia’s “What Trends Are Talking About” bulletin.
"Currently, the current rate of price growth has stopped increasing, but there has not yet been a significant reduction in prices. The growth of stable components of the prices of goods and services that make up the consumer basket significantly exceeds 4% on an annualized basis and is increasing rather than slowing down. Annual inflation will continue for several months increase as we leave the calculation base for the relatively.
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Russian chicken egg producers are actively working to curb rising prices for their products and increase production volumes. Galina Bobyleva, General Director of the Russian Poultry Union (Rosptitsesoyuz), confirmed that poultry farmers are taking all possible measures in response to the instructions of Deputy Prime Minister of the Russian Federation Victoria Abramchenko.
According to Rosstat, prices for chicken eggs and chicken meat in Russia have increased significantly over the current year. To cope with the imbalance in the market and meet growing demand, the government has developed a set of measures aimed at supporting producers and increasing supply in.
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