This year, pork production will increase by at least 300,000 tons in Russia

Published 2022년 12월 6일

Tridge summary

Russia's pork production has experienced a quarter-over-quarter growth, with an expected 8% increase or an additional 350 thousand tons by the end of the year. This growth is attributed to agricultural enterprises' adaptation to new challenges such as market glut, pandemic, epizootic risks, and supply chain disruptions. Despite a decrease in pork exports to Vietnam and Hong Kong, shipments to Belarus and Kazakhstan have increased, and Russia aims to become one of the five largest pork exporters in the world by 2030. The price of live pigs has decreased by 5-7%, and pork production costs have risen to about 80 rubles/kg from 65 rubles/kg in 2019, but are expected to drop to 70-75 rubles per kg next year.

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

Original content

This year, pork production in Russia has grown, and the pace has increased from quarter to quarter. If in the first quarter the output of pig products increased by 5.8%, then in the second it amounted to 8.4%, and in the third - 9.3%. Such data during the XIV International Scientific and Practical Conference “Pig Breeding-2022. Flexibility to challenges is the path to sustainability and development,” said Yury Kovalev, General Director of the National Union of Pig Breeders (NSS). At the end of the year, the NSS predicts an increase in the production of pig products by 8% or 350 thousand tons in agricultural enterprises. “Taking into account the reduction in pork output in household plots by 50,000 tons, an additional volume of 300,000 tons of pork in live weight is guaranteed to the market,” Kovalev emphasized. He noted that one of the key success factors for pig farmers was the ability to adapt to new realities, especially in the first half of this year. New ones have been added ...

Source: AgroInvestor