June 28, 2006

 

Russia's feed production up 12 percent, additives up 48 percent

 

 

Russia's animal feed production continued its steep production increases in May, according to the Federal State Statistics Service.

 

In January-May, animal feed output was up 11.7 percent on-year on top of a 5.8 percent increase in 2005 from higher demand in the poultry sector.

 

Russia's compound feed output increased 12.3 percent on-year to 907,000 tonnes in May, while its output of protein and vitamin additives rose 48.1 percent on-year to 6,600 tonnes.

 

Russia's animal industry is expanding aggressively although it still imports a substantial portion of its meat requirements. Russian integrated meat processing and farming group Cherkizovo recently announced plans to buy two poultry plants and build five pig complexes in Russia after raising US$251 million in its London-listed IPO.

Video >

Follow Us

FacebookTwitterLinkedIn