In July, the The National Pork Industry Conference was held in Wisconsin Dells, WI, USA, gathering 950 participants. Jim Long, President – CEO Genesus Inc. presented the report at the conference. We were interested in his theses about Russian pork production.
- Approximately two million sows are kept in Russia
- Russia basically stopped all imports of pork
- For another year the ban on the import of live swine and pork from the European Union was extended. The main reasons: Europe - ASF; Canada and Brazil - the use of growth hormone ractopamine (Paylean) in the cultivation of pigs
- The further modernization of production is actively proceeding; nevertheless, approximately 25% of all pigs are still produced on households
- The price of slaughter pigs in Russia for the past few weeks is at the level of 78.49 ¢ / pound - $ 1.73 USD / kg, the cost of feed is about the same as in the US, the cost of production is 50 ¢ / lb of live weight ($ 1.1 USD / kg)
- African swine fever is the main concern of investors, is the main obstacle to the expansion of the industry
- The production results of the country's pork industry can vary greatly
- The industry has close relations with the government - the establishment of control over pork imports led to a profit of $ 75 USD / head
- The pork farms work on the basis of the 'pig-fattening' system, there is no contract farming, the total amount required for the construction-launch of the pork farm is $ 10,000 USD / sow, the loan must be repaid in eight years, the investment in the pork farm for 2,500 sows - $ 25m USD
- Genesus exports breeding pigs to Russia
Based on agritimes.ru.
