September 14, 2012
Russia's lowers expectations for 2012 pork production
Russia lowers its 2012 pork production forecast by 2.7% due to rising feed prices resulting from lower grain production.
However, on-year pork production is still forecast to increase to 2.045 million tonnes, or 2.2% more in 2012 than in 2011.
Pork production in 2013 is forecast to grow by another 2.7% following the renovation and construction of new swine production farms.
Pork imports in 2012 are forecasts by USDA FAS/Moscow to grow by 5.5% and beef imports to remain stable in 2012.
Increased imports from Belarus are expected to offset decreased imports from Europe and the US during the first half of 2012.
