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In Russia can start interventions on the meat market
Prime Minister of Russia Dmitry Medvedev instructed the Ministry of agriculture, Ministry of economic development and the Ministry of Finance to study the advisability of conducting the state procurement and commodity interventions on the market of meat and meat products
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Till now, such intervention was conducted in Russia only in the grain market to regulate market prices. Also, the Ministry of agriculture declared about the possibility of holding this year of the interventions on the dairy market, to take market portion of the volume during the summer period n the milk" and thereby smooth out price fluctuations.

Such period large supply on the meat market, says the head of the National swine Union Yuri Kovalev. "The so-called period of great meat is, as a rule, the fourth quarter when there is a mass slaughter of poultry, pigs and cattle in private farms. As a result, in the fourth quarter of meat usually produced almost two times more than in other periods, and the result is a sharp decline in wholesale prices. Therefore, intervention purchases can play a role," — said Yuri Kovalev.

"Today, manufacturing makes up a rather routine process for issuing products. And if the manufacturer believes that the market will be a surplus, it can either reduce production, or to work in a competitive environment", — commented the Chairman of the Executive Committee of National meat Association Sergey Yushin.

According to Rosstat, in 2016 in farms of all categories produced 13.9 million tons of cattle and poultry for slaughter in live weight, which is 3.4% more than in 2015. The number of pigs grew by 2.4%, to 22 million, poultry – by 1% to 552,8 million, the number of cattle decreased by 1.6% to 18.7 million

As was stated by Dmitry Medvedev at a meeting with livestock producers and 4 April, the country's self-sufficiency in meat and meat products reached 89%.

Photo: dddmarket.ru



Translated by service "Yandex.Translation"
Источники: Агро Инвестор
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