Russian Chickens to Follow Bush Legs
RUSSIA - Wholesale prices on the American poultry, the most consumed kind of meat in Russia, have soared 18 percent touching a historic high of $2-2.1 per a kilogram.The price hike is attributed to Hurricane Katrina, which hit American ports accounting for the half of the American poultry imported to Russia, and the declining trust to the Russian meat because of the bird flu.
Experts predict the rise to continue. The prices on the American meat will soon grow 5-10 percent to bring up prices on the Russian poultry as well. Prices on the American poultry, which accounts for 74 percent of the poultry import in Russia, have shot up 18 percent past week.
Experts explain the rise by Hurricane Katrina and the fall in the consumer demand on the Russian poultry.
Source: Kommersant
12 September 2005
1 minute read
