Pork prices hit eight-year high in Russia ...News

Economy by : (Russia Today) -
Analysts attribute the surge to mounting demand Prices for live pigs and pork in Russia have reached their highest levels since 2015, according to data tracked by consulting firm, AD Libitum, as quoted by business daily Vedomosti. The figures show that prices for commercial pork earlier this week saw a 7% week-over-week increase, representing a 20% surge compared to the same period a year ago, and hitting an eight-year high. The growth in prices has resulted from a recent shortage, with meat producers unable to satisfy demand from wholesale dealers and processors, AD Libitum analysts say, warning that prices could

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