Growth of agricultural production in Belarus for 10 months amounted to 4.6% according to the Minister of Agriculture and Food of the Republic of Belarus

Published Nov 12, 2020

Tridge summary

Belarus has experienced a 4.6% increase in agricultural production across all types of farms between January and October 2020, with agricultural enterprises seeing a 6.7% rise, according to the country's Minister of Agriculture and Food, Ivan Krupko. The production of milk, cattle-raising products, pigs, poultry, and grain have all seen increases of between 3.1% and 17.5%. The sales receipt and profit have also grown by nearly 16% and 6.6% respectively, leading to an increase in the return on sales from 5.3% to 5.8%. The growth in production has also benefited processing enterprises, resulting in a boost in agricultural exports.

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

Original content

According to the results of work for 10 months of 2020, agricultural production in all categories of farms in Belarus increased by 4.6%, incl. at agricultural enterprises - by 6.7%. Such data was announced by the Minister of Agriculture and Food of the Republic of Belarus Ivan Krupko in his report, BelTA agency reported. According to him, agricultural organizations in January-September produced 5.7 million tons of milk (+ 5.8% compared to last year), cattle-raising products - 477 thousand tons (+ 5.3%), pigs - 343 thousand tons (+ 8.3%), poultry - 537 thousand tons (+ 3.1%), grain - 8.2 million tons (+ 17.5%). It is noted that in January-August, Br9.6 billion was received from sales of products, which is almost 16% more than last year. The profit exceeded Br560 million (+ 6.6%), the return on sales increased ...

Source: Apk-inform