Wednesday, 28 June 2017

Russia increases agri-production output

Russian poultry production for January to May increased by 5.4% compared to last year and reached 2.51mmt.

Egg production is also up 3.1% and reached 14.6 billion eggs compared to the same period last year.

Greenhouse vegetable production reached 433,500mt which is a substantial 36.3% more than the same period last year.

This included 325kmt of cucumber (+33.3%) and 101kmt tomatoes (+58%) which are now a protected industry in Russia.

Pig production increased by 5.7% compared to the same period last year and amounted to more than 1.46mmt.

Milk production increased by 3% or 181.6kmt compared to the same period last year and amounted to more than 6.4mmt.

The import substitution policy seems to be gaining traction, I wonder if we will see the same level of response in the UK post-Brexit?