The Ministry of Agriculture in Russia plans to temporarily ban the export of certain types of poultry meat and eggs

Published 2023년 10월 26일

Tridge summary

The Russian Ministry of Agriculture has proposed a temporary ban on the export of certain types of poultry meat and edible eggs to prevent price increases and potential shortages. The ban is prompted by the rise in prices for these products, which has been attributed to decreased production and increased production costs. The proposed restrictions have garnered support from the Kremlin, with the Russian President emphasizing the need to regulate the poultry meat export market and avoid price increases.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Ministry of Agriculture has prepared draft government regulations banning the export of edible eggs and certain types of poultry meat. The documents are published on the portal of draft regulatory legal acts. The ministry explains this by the need to prevent price increases and possible shortages of these products. According to the Ministry of Agriculture, prices for eggs increased by 24% compared to last year, poultry meat increased in price by 25.3%. This is due to a decrease in production volumes and an increase in production costs against the backdrop of a high dollar exchange rate. The department also noted that the current situation contributes to the attractiveness of product exports compared to supplies to the domestic market, which creates a threat to Russia’s food security. “Taking into account the above, in order to curb the rise in consumer prices for socially significant products and prevent shortages, it is proposed to establish a temporary ban on the export of ...
Source: AgroInvestor

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