The price of meat will continue to grow

In the structure of livestock production, the share of feed is up to 70%, and in the near future, according to the forecasts of the Ukrainian Stock Breeders Association, the prices for feed components will again rise in price.

Thus, comparing the prices of the first ten days of April and the second ten-day period of May, the increase in the cost of feed components is predicted, which, as a consequence, will affect the price of meat. In addition to the previously mentioned factors that affect the price increase, for example, the lack of proper policy in preventing and combating ASF, an increase in the cost of production of the livestock complex is added to the problem.

Protein raw materials:

• Sunflower seed cake - by 32%

• Sunflower oil cake - by 33.4%

• Soybean oil cake - by 18%

• Soybean seed cake - by 17.4%

Grain:

• Wheat - by 5.1%

• Barley - by 4.2%

• Corn - by 8%

"Feeds account for 60-70% of the unit cost of livestock products. The rise in price will inevitably entail a rise in the price of meat," Iryna Palamar, head of the Ukrainian Stock Breeders Association said.

Agravery.com have reported that fodder for cattle has risen sharply. The prices for fodder concentrate mix for the first four months of this year have grown by exactly one third, i.e. by 32.9%. However, the biggest problem is sunflower meal. In the current year, prices for it jumped by 80.2%. As a result, in April the UMI index fell by 13.3%. Milk farmers are extremely concerned about this situation.

It bears reminding that barbeque in May costs 1.5-2 times more expensive than last year.