Price for swine feed become cheaper in Russia

According to Russian Statistics Committee, the average price for the swine feed in October 2016th was 14,4 thousand RUB/MT (200 €/MT*) – it’s on 3.1% less, then in the previous month and on 4.8% less than in October 2015th. For the first time at least in three years, the price of the product fell below the level of the corresponding month in the previous year. Since the beginning of the year prices for the swine feed in our country have decreased by 1.8%.

For the period from January 2014 the minimum price of feed for swine in Russia was registered in January 2014 — 10,9 thousand RUB/MT (158 €/MT*), but the absolute record for this product was the price recorded in August 2016- 15.3 thousand RUB/MT (222 €/MT).

*1€=68,84 RUB – exchange rate of Russian Bank on 29.11.2016

30.11.2016