Share via Email


* Email To: (Separate multiple addresses with a semicolon)
* Your Name:
* Email From: (Your IP Address is 18.117.107.90)
* Email Subject: (personalize your subject)


Email Content:
Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Russia Considering Recission of Tax on Imported Chicken

03/07/2021

According to a report by Reuters, the Russian Federation is considering a reduction on the tax imposed on imported chicken as a price stabilization measure.  Recently demand for both chicken and eggs has soared.  This is attributed to declining domestic production as a result of avian influenza and a shortage of capital for expansion.

 

According to the USDA-FAS GAIN Report RS2020-0042 released in late September 2020, production for the market year beginning January 2021 will attain 4.73 million metric tons with imports projected at 220,000 metric tons.  Russia currently has an import quota of 364,000 metric tons.  The shortfalls in domestic supply should be compensated for by imports mainly from Brazil and the Ukraine.


 
Copyright © 2024 Simon M. Shane