Import_Quota - percent this year in a bid to increase...

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Russia Plans to Reduce Poultry Import Quota 50% to 350,000 Tons Nov 23, 2010 Russia will cut its poultry import quota to 350,000 metric tons next year, 50 percent less than this year and about 40 percent less than originally planned. The decision was announced today by Deputy Prime Minister Victor Zubkov, a government official said, declining to be identified by name because of policy. The government in December 2009 said quotas would drop to 600,000 tons in 2011 and 550,000 tons in 2012. The new level is in line with the industry’s expectations and will mostly go to the U.S., said Dmitry Rylko, director of the Institute for Agriculture Market Studies in Moscow. Russia introduced import quotas in 2003 to help domestic producers. Quotas were cut by 18
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Unformatted text preview: percent this year in a bid to increase national production. The pork import quota will be unchanged at 472,000 tons next year, dropping to 425,000 tons in 2012, Zubkov was reported as saying by Interfax. The quota for frozen-beef imports will also remain unchanged at 530,000 tons next year and the one for chilled beef will remain at 30,000 tons, Interfax said. Russia suffered its worst drought in at least half a century this year, killing crops and driving feed prices higher. Cattle herds have been cut by about 5 percent in seven regions, including Moscow, Zubkov was cited as saying by Interfax. Thirty-one regions increased meat output....
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This note was uploaded on 12/11/2011 for the course INTBUS 200 taught by Professor Tuli during the Fall '11 term at Wisconsin.

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