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Meat production is growing in Russia

The pork industry is growing at the highest rate. Production volume increased by 6.2% to 4.15 million tons.

In the first nine months of this year, livestock and poultry production increased by 3.7% with respect to the year prior, reaching 11.23 million tons in live weight. Pork production saw the highest increase, up 6.2% to 4.15 million tons.

This increase was facilitated by the decisions made by the Russian Government, including measures for customs and tariff regulation of the grain market and the extension of soybean and soybean meal imports while restricting their export abroad. In addition, livestock farmers are granted preferential "short" loans for the purchase of grain, meal, premixes, vitamins, and amino acids, as well as preferential investment loans for the construction, remodeling, and modernization of livestock facilities, including feed mills and workshops, as well as for the purchase of equipment.