Tridge summary
The article provides an overview of the Russian milk and beef market in the 26th week of 2020. It highlights a slight increase in beef producer prices, with the average price for beef in slaughter weight increasing by 0.7 rubles/kg to 240.30 rubles/kg, showing a year-on-year growth. On the other hand, the domestic producer price for raw milk decreased by 0.98 rubles/kg to 24.70 rubles/kg. The period saw a significant increase in beef exports, with a tenfold rise year-on-year, and a slight growth in dairy product exports. The article also mentions preliminary estimates on the production volumes of beef and milk in Russia for the year 2020. Additionally, it discusses the potential for a reduction in livestock in the US, Europe, and Australia due to financial constraints, highlighting the challenges faced by the dairy industry worldwide.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The website of the Center for Agroanalytics FSBI published a weekly review of the milk and beef market for the 26th week of 2020 (from June 25 to July 2). Excerpts from the review: PRICES. On the 26th week of 2020 (from June 25 to July 2), domestic producer prices for beef were relatively stable, showing a slight increase. According to the departmental monitoring of the Ministry of Agriculture of Russia, the average producer price for beef in slaughter weight for the reporting week increased by 0.7 rubles / kg, to 240.30 rubles / kg. This is higher than on the corresponding date of 2019 by 7.32 rubles / kg. The price of beef in live weight over the week increased by 0.32 rubles / kg, to 118.50 rubles / kg, which is 2.17 rubles / kg higher than last year. From June 25 to July 2, the domestic producer price for raw milk decreased by 0.98 rubles / kg and amounted to 24.70 rubles / kg. This is higher than at the corresponding date of 2019 by 0.57 rubles / kg. The price of pasteurized ...
Source: Kvedomosti
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.