RUSSIAN BEEF AND VEAL IMPORTS FALL AS CONSUMERS BAULK AT RISING PRICES
August 1st, 2017
THE GLOBAL increase in commodity prices for beef and veal has dampened demand in Russia for imports of these meat products. The country’s agriculture ministry has said imports fell 18.6% this January-May compared to the same period in 2016, That was mainly due to a rise in import prices, which since the beginning of the current year have grown by almost 25%, said ministry officials.
Agriculture ministry data shows that in January-May, 32,300 tonnes of beef and veal were imported into Russia. With European Union (EU), USA and Canadian imports blocked, the ...
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