Russia: There are no prerequisites for rising meat prices in 2023

According to his calculations, this year the growth in the production of poultry and pork continued, due to which the average wholesale prices for these types of meat in early November were noticeably lower than the price level a year earlier. The drop in wholesale prices is observed in all major parts from 5 to 25%. For example, a broiler carcass fell in price by 10%, and a chicken fillet - by 15%. According to Yushin, there is an abundance of beef on the market now. Compared to the beginning of the year, wholesale prices for the main parts of standard beef decreased by 10-15% on average. In 2023, the growth of poultry and pork production may be 2-4%. "Affordable prices for feed, stabilization of supplies and prices for key vitamins and amino acids, the level of provision of the industry with basic vaccines will contribute to this," the expert explains. In particular, low grain prices this season allow keeping the cost and there are no prerequisites for its rapid growth, Yushin ...