To calculate the index weekly, a sample was selected based on interviews with market experts. The experts were selected representatives of sales or purchases of leading companies, analysts, industry associations, representatives of independent research organisations. The survey gives you the opportunity to get an idea about the price of 80% of offered products in a specific segment. The sample is processed using the formula of a truncated medium (discarded extremely small and large values).

The indices are accompanied by an analysis of relevant statistics (as it appears): dynamics of production dynamics of exports/imports consumer prices (to assess the level of demand), prices in other country markets (to identify General trends). Together, the indices and accompanying Analytics is a brief summary of the state of the market, its key trends and possible directions of development in the short and medium term.

In specialized agricultural unions praised the new analytical product. Thus, the CEO of the National swine Union Yuri Kovalev said: "the Price indices of industry expertise Center of Rosselkhozbank are a comfortable, comprehensive tool to assess current market situation and trends of its further development are not even a trained user. We actively use this tool for online monitoring the market situation on the adjacent markets".

In turn, the Executive Director of the National Union of meat processors Catherine lucchino noted that the Bank analyst is finished with a deep understanding of the market, professionally covers the General condition of the market situation and basic price correlations.

Price indices of agricultural products can be used in the work of trade unions, pricing committees and other interested organizations.

Pilot issue of price indexes have been compiled by the pork market. 23 the week the index to the main indicative of the position of the pork market (commodity pig) amounted to 101 (hereinafter, RUB/kg inclusive of VAT). Change to the previous week: +1%. Change to the same week last year: +2%. "In this example we see that the price indices for pork started to grow and reach the level of last year. We anticipate that as restrictions on isolation, the demand will increase and prices will rise. Further the amplitude of the growth will depend on the dynamics of offers of meat in may-June," commented Andrew Galinov, head of industry expertise Center of the Russian agricultural Bank.

In the future, experts plan to cover other positions in livestock and crop production.

The price indices represent the lower bound of the range of prices indicative of the position and meet the minimum rate of the market leaders for large supplies (20 tons) wholesale customers and processors. For calculations of the selected region of delivery of the CFD, the terms of delivery – EXW (self-delivery), the packaging is missing or the base (for example, a package for carcasses). The position is considered to be indicative, if based on its value we can estimate the price level for most of the other products available on the market. For example, on the pork market the indicative position can serve as a commodity pig or pork sides. Their value can be judged on the level and dynamics of prices for most derivative products – hams, shoulders, carbonade, neck, breast.

Zenangelsinger(RUB/csnds)

Paginationclass–отначаласниженияксамойнизкойточке

 

Sources: price indices of agricultural COE, CAA, Ministry of agriculture

 

Dynamicpropertynames, the Russian Federation,thousand tons

Kreplachistan-exportersindia

Source: data from Rosselkhozbank, CAA USDA, Rosstat, Federal customs service, the national Union of pig producers

JSC "Russian agricultural Bank" – the basis of national credit and financial service system of agroindustrial complex of Russia. The Bank was founded in 2000 and today is a key lender to the agriculture of the country, is among the largest and most stable banks in the country in terms of assets and capital, as well as the leaders of a reliability rating of the largest Russian banks.