In Tyumen, pork prices fell below cost

In Tyumen, pork prices fell below cost
Photo is illustrative in nature. From open sources.

Experts predict a further fall in prices in 2022.

In Tyumen, due to a drop in demand and an increase in the volume of production, the price of pork fell sharply - according to some estimates, it fell below cost.

Russian experts predict that prices will rise slightly before the holidays, but will fall again in 2022. According to Sergei Yushin, HEAD of the National MEAT Association, quoted by Kommersant, the industry is waiting for stagnation in demand and some companies will leave the market.

About how he sees a way out of the situation of the largest agricultural holding Yubileiny, which specializes, among other things, in pig breeding, General DIRECTOR Sergey Mamontov said.

“The optimal development of events for our enterprise is to send all volumes to deep processing. We are taking active steps in this direction: we are preparing to launch a semi-finished workshop with increased capacity and a cutting line. The demand for chilled and frozen semi-finished products shows a positive trend,” Mamontov told DK.RU.

He also noted that part of the products that cannot be processed can be exported to Asian countries.

At the same time, according to Tyumenstat, the main part of products in the Tyumen region has risen in price over the year. Thus, prices for SUGAR increased by 11.2%, for cereals - by 10.0%, for sausages - by 8.0%, for butter - by 6.8%, for chicken eggs - by 6.0%, for dairy products - by 5.7%.