Domestic poultry producers are urging the government to ban imports of cheaper fowl that are hurting their profits, Interfax reported Wednesday.
Poultry prices fell 5 percent last week after 30,000 metric tons of U.S. chicken arrived, the report said, citing Senator Sergei Lisovsky. Prices will drop further after 100,000 tons of chicken now in transit arrives in Russia, it said. Poultry farms representing 70 percent of national output will petition Prime Minister Vladimir Putin to ban imports because domestic production of more than 3 million tons is enough to meet demand, Lisovsky said.
(Bloomberg)
