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The growth in the Russian HRI sector has been steady in recent years, mainly due to the expansion of fast food and chain restaurants outside of the saturated markets of Moscow and St. Petersburg.
Steady demand for chicken meat and ample feed supplies are expected to lift production to 4.725 MMT (RTC) in 2021.
Beef production in 2021 is projected to grow based on heavier slaughter weights. A weak ruble should underpin red meat exports to traditional and new markets, while dampening imports.
Russia and Armenia notified the World Trade Organization (WTO) of draft amendments regarding Bovine Spongiform Encephalopathy (BSE) to the Eurasian Economic Union (EAEU) veterinary requirements via G/
Steady demand for chicken meat and ample feed supplies are expected to lift production to 4.725 M?? (RTC) in 2021.
Assuming normal weather during the growing season, FAS/Moscow forecasts Russia’s wheat production in marketing year (MY) 2019/20 at 79 MMT, which is almost 7 MMT higher than last year....