Moderate Livestock Growth in Russia in 2024: Successful Trends and Remaining Challenges

Moderate Livestock Growth in Russia in 2024: Successful Trends and Remaining Challenges
Photo is illustrative in nature. From open sources.

Agricultural holdings continue to invest in technology and process modernization, which allows them to increase exports , which act as the main growth driver. At the same time, the share of private household plots in MILK and egg production is noticeably decreasing — to 30.6% and 15.8%, respectively. it is expected that in the next three to four years, there will be no significant growth in the industry due to stagnation of livestock and other technological barriers.