Good prospects for pig production in Russia

Pig production is positioned as the main driver of growth in Russian meat production.

Минсельхоз

In 2020, Russian pig production increased by 8.9% to 5.5 million tons live weight. During the first three months of this year, according to the Ministry of Agriculture, this figure has reached 1.3 million tons (+ 0.5%).

The Ministry of Agriculture forecasts an increase in the production of pork products by more than 4% in 2021.

Russia has exceeded the target indicator for pork self-sufficiency, which allows it to send the surplus abroad and annually increase export volumes.

April 12, 2021/ Department of Agriculture/ Russia.
http://mcx.gov.ru

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Figure 1. Average price in 2021: Comparison between 333 users' predictions (responses collected between January 25 and February 25, 2021) and the actual average price for 2019 and 2020. For each country, the range of responses is shown by the blue bar, where the maximum, minimum, and median values are shown. The actual average prices in 2019 and 2020 are indicated with green dots. The number of data analyzed is shown in parentheses.

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