Beef Consumption to Fall in Russia
RUSSIA - Russian beef and pork consumption is expected to fall by around 20 per cent in 2009, with imports expected to decline accordingly, reveals the Russian National Meat Association.
6 April 2009
1 minute read
According to FarmOnline, Russian beef imports in January and February 2009 fell by more than 40 per cent on those of the previous year.
This trend contrasts with last year’s trade pattern when imports of unprocessed beef lifted to a record - 800,000 tonnes swt.
The fall in beef and pork consumption in Russia is expected to be replaced by cheaper meats, including chicken, with its production expected to grow by 12 per cent during 2009.
This continues the increasing trend of previous years reflecting, in part, the constant government subsidies and the imposition of import quotas.
If demand largely outweighs supply and poultry prices rise excessively, consumers are expected to switch to non-meat products.
TheCattleSite News Desk
