Features of price dynamics in the meat market

Features of price dynamics in the meat market
Photo is illustrative in nature. From open sources.

Rosstat reports that from January to July 2021, agricultural organizations in RUSSIA produced 6.9 mil. tons of poultry and livestock in live weight. This number is approximately the same as last year. As for the industrial production of MEAT for the same period, here the figure is 0.2% less than in 2020, namely 1.8 mil. tons.

Features of price dynamics

Beef

According to monitoring systems, the price of beef half carcasses increased by 0.4% and amounts to 257.43 thousand rubles per ton. it should also be noted that the price of KPC, on the contrary, fell by 0.3% and amounts to 127.18 thousand rubles per ton.

poultry meat

This week, the world has seen a 1.3% increase in the price of a broiler carcass. In Russia, the opposite trend can be traced. The price of chicken fell on average by 0.3%, the price of chicken by-products also decreased by 1.4%, but chicken cutting, on the contrary, rose in price by 0.3%. The average price level of turkey continues to rise, this week by 0.1%, however, in comparison with August, a price decrease of 1.2% can be traced.

Pork

During the week, the wholesale cost of pork meat fell by 0.19 - 1.17%. According to the NSS, this event was quite expected in view of the change of season, and in previous years, prices fell even more. Sergei Yushin notes that such dynamics will continue until the end of the year, but do not forget that the wholesale cost of pork is not related to the cost of meat on store shelves. And even despite this trend, the wholesale price of pork is still at a high level.

The danger of low prices

One of the main problems of meat producers is animal diseases. In pig breeding, this is ASF - because of it, Russia currently has the lowest meat growth in this segment. The poultry industry has bird flu. Experts warn that low meat prices are an important sign that prices are about to rise dramatically. In addition, an artificially reduced price can provoke manufacturers to reduce production capacity. Which in turn slows down the entire industry as a whole.

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