Business asking for aid
In response to the new bill, the Russian union of poultry producers Rosptitsesoyuz has appealed to the Russian government requesting state aid for poultry farmers. The low retail prices go hand in hand with skyrocketing production costs, Rosptitsesoyuz warned: “The production costs have jumped by 15% to 20% in the past year due to the Russian Rouble’s depreciation and the rise in prices for grain and oils. Despite that and the consecutive fall in profitability, poultry farmers have been trying to limit the growth of prices for broiler meat and eggs,” Rosptitsesoyuz said.
In October 2020, Rosptitsesoyuz filed a similar request for financial aid to the Russian government. However, local analysts believe that this time, the business union has more chances to succeed, considering recently introduced government price regulations on the domestic market.