Forecasts and trends in the Russian meat market: Analysis of the first quarter of 2025

• Wholesale prices:

  • Beef:  Prices continue to rise, reaching record highs.
  • Pork and poultry : A slight decrease in prices was recorded.
  • In annual terms, there has been an increase in prices for all categories of MEAT, with the largest increase for beef and smaller increases for pork and poultry.

• Retail prices:

  • Pork and beef prices firmed despite fluctuations.
  • A noticeable decrease in prices for chicken meat.

Price dynamics in April:

• Poultry meat : continues to decline due to growing supply.
• Pork: slight price reduction due to Lent.
• Beef: continues to show elevated prices .
• Lamb: Prices are declining slightly after peaking in late March.

Reasons for the decline in lamb prices:

1. Decreased demand after religious holidays.
2. Seasonal price reduction associated with livestock access to fresh feed in the southern regions of RUSSIA.

May Outlook: Increased demand in late April and early May, driven by the start of the barbecue and summer cottage season, is expected to lead to a slight increase in prices.