Brief overview of the meat market in Russia

Published 2020년 11월 11일

Tridge summary

Over the past decade, farms in the Altai Territory have seen a 22.2% increase in meat production, rising from 9 thousand tons to 11 thousand tons. To bolster agricultural support, the region has allocated 3.5 billion rubles for 2020. Meanwhile, Yakutia aims to increase reindeer by-product exports to Germany in 2021 by more than five times, reaching 80 tons. Russia is also looking into restricting imports of meat and bone meal to support its meat industry, which is currently facing rising costs and falling wholesale prices. The move could potentially lead to environmental and veterinary risks due to the disposal of non-food offal. Furthermore, China has legalized the import of Russian poultry meat, marking a significant opportunity for Russia's poultry industry. Additionally, Russia plans to remove tariff quotas on beef imports and lower import duties to 27.5% from 2022, in an effort to stimulate domestic cattle production.

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

Original content

Over the past 10 years, farms in the Altai Territory have strengthened their positions in the production of agricultural products, in particular, they have significantly increased meat production, Interfax reports. Farmers have increased meat production - from 9 thousand tons to 11 thousand tons. Thus, the volume of meat production in farms increased by 22.2%. This year, about 3.5 billion rubles have been allocated to support agriculture. * * * More than 200 types of sausages and delicacies are produced in the Stavropol Territory. Work is carried out annually to modernize and re-equip production facilities. We will remind that the Governor of Stavropol Vladimir Vladimirov emphasized that the national project "Small and Medium Business and Support of Individual Entrepreneurial Initiatives" helps enterprises to reimburse the costs for these purposes, writes "Stavropolskaya Pravda". * * * The Yamalo-Nenets Autonomous Okrug (Yamalo-Nenets Autonomous Okrug) plans to increase the export ...

Source: Agroru