Russia's producer and consumer prices for pork explodes

Russian import lock doubled Russian producer and consumer prices for meat

Triggered by the AFP finds in wild boar in Poland and Latvia the Russian Government maintains 2014 beginning Feb. the import lock for pork from the EU as a whole. Today, the Ukraine conflict plays the dominant role in the lock.

Based on an entire year missing approximately 650,000 t in this way or between 20-25% compared to the previous Russian consumption. Actually the EU exports have fallen in the first year of the third 2014 after Russia by 40,000 tons over the previous year.

The Russian effort to import replacement in the United States was quickly the PEDv epidemic in North America and the high prices of U.S. pork. Brazil is only limited the ability to mobilize additional pork exports due to rising personal consumption.

The missing supply quantities have catapulted into Russia upwards the producer and consumer prices. Producer prices reached a low point of about €2 / kg increased within a 2 month period to peak values of €3.80 / kg. The current courses are moving slightly above the 3 €/ kg mark.

The average Russian consumer price of pork rose by 3.55 on €5.55 per kg. the unit prices at the consumer level rose in the first few months of the year 2014 depending on the part of 1.6 to 2.2 times. the Russian pork sales in the spring of 2014, to 8% down. As a partial replacement significantly increased the demand for cheap poultry meat. Beef is still scarce and expensive.

While in the country due to the high capital supply ratio remained the price inflation still within limits, the rise in cities affects much more.

The strong price differentials between the neighbouring EU States in the Baltic States and Russia stimulated to increased illegal imports. Therefore, the hygienic arrangements play a precariously low role.

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