Russia Cuts Import Duties on Hatching Eggs, Chicks
RUSSIA - The Russian Government lifted import duties on hatching eggs (15 per cent) and breeding chicks (five per cent). Resolution number 322 was published on 20 April and is retroactive, affecting all transactions since 10 April 2009.The Russian Government (GOR) issued a resolution temporarily lifting import custom tariffs for hatching eggs (15 per cent) and live chicks (five per cent), according to the latest GAIN report from the USDA Foreign Agricultural Service.
The action renews Resolution number 428 of 4 June 2008, which temporarily lifted import custom tariffs for these commodities for the following nine months.
This measure will help to hold down rising production costs of broilers for a quickly expanding Russian poultry and egg sector. Day-old chicks represented 20.2 per cent of broiler production costs in 2008. Import prices and trade for hatching eggs were mostly flat in 2008, as compared to 2007. Russia imported $53 million worth of poultry eggs for hatching in 2008, four per cent less than 2007.
Most of the Russian hatching egg imports came from the Netherlands, Germany, the United States,and Ukraine. Imports from the United States fell 10 per cent to $9.2 million from 2007 to 2008.
Import prices for grandparent and parent female chicks weighing less than 185 grams rose quickly over the past year, accounting for all increased trade value of live chicks in 2008.
Russia imported chicks to the value of $55 million in 2008, up from $41 million in 2007. Most Russian chick imports came from Hungary, the Netherlands, France, Germany and Denmark. Imports from the United States totaled only $250,000 in 2008 and $80,000 in 2007.
The Resolution was published in the official GOR newspaper, Rossiiskaya Gazeta, on 23 April 2009, and is retroactive, affecting all transactions since 10 April 2009.
The procedure for other GOR resolutions has always been that resolutions come into force after their publications in Rossiyskaya Gazeta.
Further Reading
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