February 14, 2006

Russia's pork production to increase in 2006

Russia's pork production in 2005 was below expectations because of lower pig crops, according to USDA's Feb 8 report on the Russian Federation's livestock and products.

However, the sector is predicted to increase by 5 percent in 2006 due to a larger pig crop and a return to normal slaughter weights.

Similarly, cattle ending stocks are expected to increase by 6 percent in 2006 because of high slaughter rates.

USDA said Russia's beef consumption fell by 4 percent in 2005 and is forecast to stay flat in 2006. The decline in domestic beef production was compensated by increased import quota levels for beef.

The total feed supplies in 2005 were at the same levels in 2004. Large feed grain carry-over stocks and a good crop in 2005 weakened import demand. However, Russia is expected to increase corn imports in 2006 to cater to the growing domestic poultry and livestock industries.

For the full USDA report, click here.