Russia’s Ministry of Agriculture are reporting that 2016 production
of pigs for slaughter in live weight for all categories amounted to 4.35mmt,
up 9.4% on 2015.
It looks like commercial pig producers, as opposed to backyard
and small scale private farmers, have been investing in production with 3.5mmt
coming from agricultural organisations, which is 12.9% more than
in 2015.
This would be in line with the government and agricultural import substitution policy in response to self-imposed sanctions on food
imports.
I guess some of those pig producers who have invested in their
business might now be looking less favourably at the Trump Putin relationship
which many are starting to believe will remove sanctions in the near
future.
The average price of pigs in live weight in Russia in
December amounted to 95.32 roubles per kg (USD1.58/GBP1.26/EUR1.47).