News

Russia: The volume of egg production in January - February meets market needs

Russia
Market & Price Trends
Published Mar 26, 2024

Tridge summary

The Russian Ministry of Agriculture has reported that egg production in Russia for the initial months of 2024 has successfully met market demands, with all retail contracts being honored despite a minor decline in production from the previous year. Prices have remained stable, reflecting a balanced market. The ministry credits this stability to measures such as biosafety protocols, modernization efforts, and state-supported preferential lending aimed at enhancing the poultry industry's infrastructure. Although there was a 1.8% drop in production to 6.11 billion eggs in the first two months of 2024 compared to the same timeframe in the previous year, industry experts are optimistic about achieving positive production trends by year-end.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The volume of egg production in Russia for January - February 2024 fully meets market needs, all contracts with retail chains are being fulfilled. Journalists were informed about this by the press service of the Russian Ministry of Agriculture. “The volume of egg production in Russia is determined by the technological schedules of factories, drawn up taking into account the cycle of economic use of poultry and seasonality of demand. Currently, production volumes (January - February) fully meet the needs of the market. All contracts with retail chains are being fulfilled,” it says message. The ministry added that they are working to ensure the uninterrupted functioning of poultry factories. “Including in matters of biosafety, modernization of enterprises, provision of material and technical resources and coordination of interaction with retail chains,” the message says. “The state has provided a number of instruments for state support for this area of livestock farming, including ...
Source: Kvedomosti

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