The Ministry of Agriculture predicted a decrease in meat prices in Russia

In RUSSIA, the rise in MEAT prices is due to a seasonal factor, and their decline is expected at the end of August, said Minister of Agriculture Dmitry Patrushev.

“Given the increase in production, I think that in the near future we will see a decrease in prices. I think that this will happen in late August - early September, and prices will stabilize," he said.

The Ministry of Agriculture did not see the prerequisites for a shortage of meat or a further increase in its cost. The situation on the market is calm, and production volumes are growing, Patrushev assured.

Thus, the country produced 7.6 million tons of livestock and poultry for slaughter, which is 2.6% more compared to the same period last year. In Russia, self-sufficiency in meat according to the results of last year exceeds 100%, the minister concluded.

According to Rosstat, in the first half of 2023, Russia produced 1.8 million tons of meat ( cattle , pork, lamb, etc.). The production of poultry meat and by-products amounted to 2.5 million tons.

Earlier, according to the results of June, the cost of a kilogram of chilled and frozen chicken meat increased by 6.8% - up to 193.48 rubles, followed from the data of the Unified Interdepartmental Information and Statistical System.

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FORBES , citing analysts from Emeat, announced an even greater increase in retail prices for chicken meat - up to 270 rubles. per kg. In this case, the cost range can be from 200 to 350 rubles.

Vedomosti, citing price index data from the analytical agency AD Libitum, reported on August 4 that prices for commercial pork had increased by 7% since the beginning of this week, to 148 rubles. per kg, which is 20% higher than in the same period last year.

Then the Ministry of Agriculture announced that the Russian market was fully provided with pork, and explained the increase in the cost of meat as a seasonal factor and an increase in demand.