Russia’s liveweight pork production is expected to grow by 600,000 tonnes in 2022, pushing the country into oversupply.
To some extent, a situation of oversupply on the Russian market has been delayed by African Swine Fever , which prompted veterinary officials to cull nearly 1 million head of pigs in 2021, Kovalev said.
Kovalev went on to say that the Russian pig industry is likely to experience the strongest increase in production performance in the past 15 years.
In December of 2021, the average price of pork in Russia dropped below the last year’s level against the background of rising production and a seasonal decrease in demand, a RUPP analysis showed.