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Russia: Demand for meat in the first month of the barbecue season exceeded industry expectations

Meat
Russia
Published Jun 11, 2023

Original content

The beginning of the barbecue season and the growth in demand for meat led to some increase in prices for it. In the week from May 30 to June 5, retail prices for chicken meat increased by an average of 2.4%, follows from Rosstat data. During this period, pork fell in price by 0.2%, the price of beef remained almost unchanged, mutton rose in price by 1.4%. In May, the average price for meat and poultry increased by 1.7% compared to April, including chickens became more expensive by 5.4%. Earlier, the increase in wholesale prices began. Pork began to rise in price after broiler meat, prices for which have been strengthening over the past month. The beginning of the barbecue season, which took place at the end of April - beginning of May, this year fully met the expectations of sellers and producers, and even seems to have surpassed them, since sometimes there was not enough marinated meat on store shelves, Albert Davleev, president of Agrifood Strategies, shares his observations. ...
Source: AgroInvestor
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