Wholesale prices for poultry meat fell below last year's level in Russia

Published 2022년 12월 9일

Tridge summary

The article highlights a decrease in the average annual domestic prices for broiler meat in Russia, attributed to lower costs of meal and grain. The National Union of Poultry Breeders reported a notable decrease in producer selling prices for broiler carcasses, fillets, and legs in October. Despite the increase in poultry meat production by 4.9% over the first ten months of the year, with a significant growth in exports, the prices do not always reflect the retail prices. The article also mentions a decrease in the import of chicken hatching eggs to Russia, allowing domestic producers to avoid price increases despite bird flu in Europe.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Average annual domestic prices for broiler meat are already lower than last year. This is due to a decrease in the cost of meal and grain, which form the bulk of the cost. Sergey Lakhtyukhov, General Director of the National Union of Poultry Breeders, spoke about this during the Agroinvestor conference "Agroholdings of Russia - 2022". According to the union, producer selling prices for broiler carcasses in the Central Federal District in October decreased by 12% to 143 rubles/kg, for fillets - by 19% to 228 rubles/kg, and the price of a leg fell by 9% to 137 rubles/kg. At the same time, manufacturers' selling prices do not always correlate with retail prices, Lakhtyukhov drew attention. According to him, meat consumption in Russia has grown to 77 kg per person per year, and almost 50% of this is poultry. “But here we need to diversify in terms of sales channels: if in pig breeding the growth in consumption fell more on the wholesale channel — processing, then in our retail sector ...

Source: AgroInvestor