Minister of Agriculture of the Russian Federation Dmitry Patrushev discussed the situation on the food market with participants in the agro-industrial complex

Published 2020년 12월 18일

Tridge summary

Russian Agriculture Minister, Dmitry Patrushev, has met with producers of eggs, buckwheat, flour, and bakery products to discuss market situations and pricing. Russia's egg production is expected to grow by nearly 180 million units in 2020, reducing import reliance. The grain and oilseeds market regulations are supporting the poultry industry. The grain export quota and duty for wheat for a certain period in 2021 are part of the efforts to stabilize prices, alongside government decree for millers and soon-to-be-signed decree for bakery enterprises. Buckwheat producers plan to lower selling prices, which will likely boost yield.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On December 16, the Minister of Agriculture of the Russian Federation Dmitry Patrushev held a series of meetings with producers of various categories of agricultural products and foodstuffs. In particular, meetings were held with producers of eggs, buckwheat, flour and bakery products, during which the current situation on the food market and the issues of pricing for these products were considered. Currently, egg production in Russia is developing steadily. According to forecasts, in 2020 it will increase by almost 180 million units and will exceed 45 billion units. The increase in production volumes has made it possible to significantly reduce the import of this category in recent years. So, at the end of last year, 2.4 million units were imported to Russia against 18.9 million in 2014. As of December 13 of this year, 1.7 million eggs were imported, which is 1.3 times lower than the level of 2019. The measures taken to regulate the grain and oilseeds market will further ...
Source: Nszr

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