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Prices play a key role in modern society, determining the availability of goods and services for consumers. They are a reflection of economic processes, supply and demand in the market. Prices are affected by various factors such as inflation, changes in the economy, seasonal fluctuations and geopolitical events. For businesses, pricing is a strategic aspect affecting competitiveness and profitability. For consumers, pricing means a balance between affordability and quality of goods. Thus, in the business and consumer world, prices play an integral role in shaping a dynamic economic environment.

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FT reported a crisis in the supply of ammunition for Ukraine
Fighting in Ukraine requires a high consumption of shells, however, European capacities were designed for the same demand, new investments are now required and a wait of several years, you can’t just flip a switch,writes FT The consumption of ammunition by the Armed Forces of Ukraine has reached unprecedented levels, Ukraine uses 5-6 thousand artillery shells daily, which is comparable to the need...
World pork prices fell slightly in January
FAO Meat Price Index. Source: FAO. The FAO Meat Price Index averaged 113.6 points in January, down marginally (0.1 points and 0.1%) from December, continuing its seventh consecutive month of decline but still down 1.5 points (1 .3%) above the level of the previous year. The decline in world prices for poultry, beef and pork contributed to the decline in the index in January. World poultry prices f...
In Brazil, the cost of production of pig products rose to a record high
Production costs reflect both technical productivity ratios and market prices for inputs and production factors and, in the case of pigs, are calculated based on the farrowing to fattening system in Santa Catarina, a state used as a national benchmark. The pig production cost index (ICPSuíno) reached a new record high of 461.9......
Rabobank Expects Uncertainty in the Global Pork Sector in 2023
Rabobank expects a slight increase in pork trade in the first quarter of 2023, mainly due to a low base last year. However, sustaining growth through 2023 may be difficult given low production rates in major exporting regions, mainly the EU and the US . By contrast, Brazil, which continued to boost exports in 2......
Pavel Gusev spoke about pulmonary edema in Nikolai Svanidze
Nikolai SvanidzeNikolai SvanidzeNikolai Svanidze Journalist Nikolai Svanidze is still in the hospital in serious condition, Pavel Gusev, chairman of the Union of Journalists of Moscow, told RBC. “According to information as of yesterday, Nikolai Svanidze was in a serious condition. There was pulmonary edema, but maybe it was eliminated overnight. I don’t have exact information, this is my informat...
Organic is a lifestyle
- Last year, the AgriVolga holding celebrated its 15th anniversary. You have large enterprises operating in traditional agriculture, but today we want to talk about organic. You rank first in the country in the production of organic dairy and meat products. Please tell us how did you come to this? - It all started with thoughts about quality in the field of nutrition. I have always been prone to p...
The EU made two exceptions to the price ceiling for Russian oil products
The European Union, which has imposed an embargo on the import of petroleum products from Russia and a price ceiling on them, has provided for two exceptions. The restrictions do not apply to products made from Russian oil abroad, The embargo on the supply of petroleum products from Russia and its price ceiling for third countries ($1......
Analysts warn of risk of storing record grain harvest
Against the backdrop of a record grain harvest and logistical difficulties associated with the sanctions, Russia has accumulated grain stocks worth 260 billion rubles. Storing surplus can lead to a decrease in the margins of crop production, Long-term storage of grain stocks, accumulated against the backdrop of a record harvest, Western sanctions and disruption of logistics, carries risks for Russ...
Russians banned from importing gasoline in cans to the Baltic countries
On February 6, a ban on the import of Russian oil products into the European Union came into force and motor fuel, which is transported in a car, but not in tanks, but in separate canisters, falls under this ban. This clarification was made by the Estonian Tax and Customs Board. “Oil products from Russia are prohibited from February 6 to buy, import and transfer,” said Piret Tinkus, head of the de...
Pork consumption will continue to grow
The continued growth of pork production and market saturation will lead to increased competition between producers of this product, analysts of the industry association believe. At the end of last year, pork production in live weight in Russia amounted to 5.76 million tons, which is 275.5 thousand tons more than in 2......
World food prices continue to fall
According to the organization, the January decline was mainly due to falling prices for vegetable oils (-2.9%), dairy products (-1.4%) and sugar (-1.1%). Grain prices rose by 0.1%. World corn prices rose slightly on strong export demand for Brazilian corn and fears of dry conditions in Argentina. FAO expects total cereal production in 2......
The Ministry of Justice will check the business association of Europe for "foreign agency"
The Association of European Businesses has been operating in Russia for almost 30 years and represents the interests of international companies in the country.The Ministry of Justice was asked to check it due to criticism by firms of the country's policies and membership fees from abroad. The Ministry of Justice is checking the Association of European Businesses (AEB) for compliance with the chara...
EU threatens Georgia with sanctions if flights with Russia resume
Tbilisi risks falling under secondary sanctionswhen air links with Russia are restored, the EU Foreign Service warned. There have been no direct flights between the countries since 2019, the Foreign Ministry expressed hope The European Union calls on Georgia to join the sanctions against Russia in the field of aviation and not to resume flights with it, EU Foreign Service spokesman Peter Stano tol...
Europe has imposed an embargo on Russian oil products. What does it mean
On February 5, an embargo on the supply of Russian oil products to the key market, the European Union, which accounted for more than 40% of sales, came into force. RBC figured out On Sunday, February 5, an embargo on the supply of Russian oil products (gasoline, diesel, kerosene, naphtha and fuel oil) to the European Union, which accounted for 42% of the total export of these raw materials from Ru...
Strong start for the Australian sheep market in 2023
In the first four weeks of 2023, 165,364 sheep were sold in Australian markets. This is 78% or 72,600 heads up from the first four weeks of sales in 2022, when 92,731 heads were sold. In 2021 and 2022, sheep supply fell by 33% and 51%, respectively, as producers kept sheep to rebuild their flocks. With the increase in supply since early 2......
Argentina exported $3.454 million worth of meat in 2022
Compared to November 2022, the volumes of shipped goods decreased by -17.0%, and the cost - by -22.2%. Compared to December 2021, export volumes are +2.5% higher, and the value is -27.8% lower. Accumulated data for 2022 shows that overseas sales of chilled and frozen beef were about 632 thousand tons of product weight, worth about $3,454 million. Compared to 2......
Altaikraistat told where the cheapest meat in the region is
According to Altaikraistat, Biysk sells the most expensive meat among the cities of the Altai Territory. And for beef, lamb and chicken, it is better to go to Rubtsovsk, the prices for them are lower there than in the science city and the regional capital. Beef in the science city costs 20 rubles more than in other cities of the region. Its price, with the exception of boneless meat, is 472.66 rub...
The Ministry of Agriculture and Food has adjusted the minimum export prices for dairy and meat products
February 2, Minsk. The Ministry of Agriculture and Food has changed the marginal minimum prices for goods sold under foreign trade agreements. This is regulated by the decree of the department dated February 1, 2023 No. 19, officially published on, BelTA informs. The cost of products is set depending on the region of export: Russia , EAEU countries (except Russia), CIS countries and Georgia (excep...
Meat products began to become cheaper in Tyumen
Sausages and semi-finished products of regional production have become more affordable due to the record results of the harvesting campaign. One of the largest meat brands in the region, Ishimsky, announced a decrease in prices for products presented in its own chain of stores. This became possible thanks to the results of the 2......
The size of the planned additional capitalization of VTB will exceed 500 billion rubles.
The price of shares to be additionally placed by VTB will be 1.7 kopecks. This will make it possible to capitalize the bank by 516 billion rubles. The price of shares to be additionally placed by VTB Bank will be slightly less than 1.7 kopecks. The corresponding decision was approved by the Supervisory Board of VTB, follows from the message of the state bank on the corporate information disclosure...
Saakashvili asked to bury his heart in Kyiv
Mikheil Saakashvili at the next meeting of the Tbilisi City Court asked to bury his heart in Kyiv if he "does not live to see the victory of Ukraine."In 2015, the ex-president of Georgia received Ukrainian citizenshipMikheil Saakashvili (on screen)Mikheil Saakashvili (on screen)Mikheil Saakashvili (on screen)Mikheil Saakashvili (on screen)Mikheil Saakashvili (on screen) Ex-President of Georgia Mik...
The head of the Federal Air Transport Agency spoke about the stress scenario for the industry without state support
The authorities have a scenario for the development of air travel if state support stops, head of the Federal Air Transport Agency Alexander Neradko told RBC.In 2022, due to record subsidies, prices for flights across the country did not grow The Federal Air Transport Agency has developed a stress scenario in case state support for air transportation stops in the face of a budget deficit. This was...
Bank of Russia: Inflation expectations of households and businesses remained elevated in January
The consumer sentiment index (CSI) in January exceeded the local highs of July-September 2022 and reached its maximum value since May 2018. Survey participants increased their assessments of both the current state and expectations included in the IIT, however, part of the January increase can be explained by the influence of seasonality. In January, the price expectations of enterprises participat...
Food prices in Russia and their change for the year, data for December 2022
In December 2022, in relation to the level of a year ago, an increase in food prices of more than 25% is observed in 13 products, more than 10% in 85 products. It should be noted that inflation in the country for the year (if we compare December 2021 and December 2022), according to the inflation calculator on the level-inflation.rf website, amounted to 12.84%. Price growth above the inflation rat...
Bloomberg called steaks a luxury due to rising prices for beef
Demand for beef began to fall back in 2022, and consumption may continue to fall in 2023. First of all, this applies to those countries where beef dishes are eaten most often - Argentina, USAand UK In 2022, the demand for beef in the world fell sharply, and even as inflation declines in 2023, consumption of this type of meat is also predicted to fall, writes Bloomberg. According to the agency, it ...
Coronavirus restrictions lifted in Chinese ports of Dalian and Qingdao
The government of these cities "rolled back" import rules to the norms,operating before the pandemic The Chinese cities of Dalian and Qingdao, whose ports accept most of the Russian fish for import, announced the lifting of restrictive measures. The Russian Trade Representation in China notifies that the delivery of products from other countries is now carried out in the normal mode, which was in ...
Coronavirus restrictions lifted in Chinese ports of Dalian and Qingdao
The government of these cities "rolled back" import rules to the norms,operating before the pandemic The Chinese cities of Dalian and Qingdao, whose ports accept most of the Russian fish for import, announced the lifting of restrictive measures. The Russian Trade Representation in China notifies that the delivery of products from other countries is now carried out in the normal mode, which was in ...
Vedomosti reported a shortage of children's antibiotics in Russia
Cefuroxime has disappeared from pharmacies, and only some pharmacies have another drug for children - cefixime. The market says In Russia, the children's broad-spectrum antibiotic cefuroxime, which is included in the list of vital drugs, has disappeared from pharmacies, Vedomosti reports after analyzing the assortment of pharmacies. The data of the Megapteka aggregator showed that Zinnat granules ...
The Ministry of Agriculture and Food and MART clarified the issues of regulating prices for products for processing
January 23, Minsk. The Ministry of Agriculture and Food, together with the Ministry of Antimonopoly Regulation and Trade, clarified some issues of price regulation for products for processing, which is provided for by the Decree of the Ministry of Agriculture and Food of November 17 No. 113, BelTA informs. The document sets marginal prices for the supply of raw cow's milk, pigs for slaughter, pork...
MART and the Ministry of Agriculture and Food clarified the issues of regulating prices for products for processing
January 23, Minsk. The Ministry of Antimonopoly Regulation and Trade, together with the Ministry of Agriculture and Food, clarified some issues of price regulation for products for processing, which is provided for by the Decree of the Ministry of Agriculture and Food of November 17 No. 113, BelTA informs. The document sets marginal prices for the supply of raw cow's milk, pigs for slaughter, pork...

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