Subscribe
to our newsletter

and select which news you want to receive

Russia’s pig industry turns loss-making

saooi-emeraldrussia

More than half of all pig farms in Russia are at risk of becoming loss-making in 2019 due to the rising production costs and falling purchasing prices on the domestic market, according to a forecast of the Russia’s National Union of Pork Producers (NUPP).

In 2019, the wholesale prices are expected to dip by 5% to 10% to the lowest level seen since the introduction of food embargo in 2014, when all European pork were wiped out from the Russia’s market, RUPP said.
Read more

Share on facebook
Share on twitter
Share on linkedin