Russian livestock industry hampered by high feed costs

The US Department of Agriculture said that high feed costs are likely to hamper growth in Russia's burgeoning livestock industry this year until the new harvest reduces supply pressures. The Russian pig herd is set to grow 1.8 percent to 17.51 million animals by the end of the year, although pork production is predicted to stay flat this year compared with a 4 percent growth in 2010, according to the USDA's Moscow attaché.

Also beef production is expected to be limited to 1.4 million tonnes in 2011, which is 2.4 percent less than last year, due to a sharp decline in the number of cattle. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.