The Ministry of Agriculture proposed to temporarily ban the export of poultry meat from Russia

Published 2023년 10월 26일

Tridge summary

The Russian Ministry of Agriculture is proposing a six-month ban on the export of certain types of poultry meat in order to prevent a shortage of products in the domestic market and curb rising consumer prices. Poultry meat prices have increased by over a quarter in the past year, primarily due to a decrease in production volumes and an increase in production costs. The Russian president has called for a quick response from the government to address the issue and suggested purchasing imports from neighboring countries to stabilize prices.

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Original content

The Russian Ministry of Agriculture has proposed banning the export of certain types of poultry meat from the country for six months. This is stated in a draft government resolution published on Thursday, October 26. According to the document, the initiative is necessary to prevent a shortage of products in the domestic market and curb the rise in consumer prices. As noted in the Ministry of Agriculture, today a significant increase in the price of poultry meat has been recorded in Russia. Thus, according to the department’s assessment, over the past 12 months, price tags for this category of goods in stores have risen by more than a quarter. “The situation is primarily due to a decrease in production volumes of these products in recent months and an increase in their cost against the backdrop of a high US dollar. In addition, the current situation contributes to the excessive attractiveness of exporting poultry meat compared to supplies to the domestic market,” the ministry ...

Source: Russianrt