Russia: The Ministry of Agriculture noted an increase in poultry meat imports by almost 40%

Published 2024년 12월 18일

Tridge summary

From January 1 to November 17, 2024, Russia experienced a 38.7% increase in poultry imports, with a significant 1.6 times increase from non-CIS countries, excluding EAEU statistics for October and November. This surge is in response to President Putin's instructions following a meeting in which he highlighted the need to address rising poultry prices by importing poultry from neighboring countries. A duty-free import quota of 140 thousand tons was implemented, with 75.3 thousand tons of permits issued so far. The average producer price of chicken meat has decreased by 9.2% and 7.8% since the start of the year, contributing to a 7% decrease in consumer prices. The Ministry of Agriculture is supporting the poultry farming sector with initiatives like preferential loans and cost compensation for facility construction and modernization.

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Original content

Moscow. December 18. INTERFAX.RU - From January 1 to November 17, 2024, the increase in poultry imports to Russia amounted to 38.7%, including from non-CIS countries - 1.6 times excluding statistics for the EAEU for October-November. The Ministry of Agriculture cites this data in a letter to the government with reference to the Federal Customs Service, a source familiar with the document told Interfax. The letter was prepared to inform about the progress of the government's implementation of the president's instruction following a meeting with members of the Cabinet of Ministers last fall. The agency's source recalled that at that meeting, the president raised the issue of rising poultry prices and stated that in such situations "the government should promptly include known mechanisms, including import purchases from its closest neighbors." In 2024, a quota for duty-free import of 140 thousand tons of poultry meat to Russia came into effect. According to the Ministry of ...

Source: Interfax