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Ukraine's Meat Production Forecast to Grow in 2011

by 5m Editor
24 June 2011, at 9:39am

UKRAINE - A reduction in the profitability of the production of all types of meat, which is expected this year due to a significant rise in the price of feed, will trigger a slowdown in the pace of production growth and a further redistribution of the market.

According to an annual survey conducted by the Ukrainian Agribusiness Club, entitled Doing Agribusiness in Ukraine 2011, the growth in meat production in 2011 will amount to 3-4 per cent, whereas a year earlier this figure was 7 per cent.

"According to our calculations, meat production in 2011 will amount to 1.93 million tons in carcass weight, and the share of poultry meat will rise to 56 per cent, while the share of beef will fall to 12 per cent of the total meat production. In the overall structure of the market, only the share of pork will remain unchanged - 32 per cent," Director of the AgriSurvey Agency, an analytical unit of the Ukrainian Agribusiness Club, Taras Hahahiuk, said.