Beef prices in Russia continue to rise: reasons and forecasts

Beef prices in Russia continue to rise: reasons and forecasts
Photo is illustrative in nature. From open sources.

Experts cite increased demand from major consumers such as the United States and China as the main reason for this growth . This trend is also expected to impact the Russian market, with beef prices potentially rising by 12-15% in the coming months. Most Russians now view beef as a delicacy, while their everyday diet relies on more affordable pork and chicken.

One of the main reasons for the current situation is the decline in the country's cattle population . Experts attribute this to high maintenance and feeding costs, as well as a shift in production priorities toward dairy farming. This leads to a shortage of calves for meat production, further driving up prices.

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