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Cherkizovo Pork Sales Fall

28 April 2015

RUSSIA - Russian integrated meat and finished feed producer, Cherkizovo Group has seen meat and poultry sales rise in the first quarter of teh year while pork sales have fallen.

Poultry Division

Sales volume in poultry for the first quarter of 2015 increased by 20 per cent to 108,168 tonnes of sellable weight compared to the first quarter of 2014 when sales were 90,328 tonnes.

The significant increase has been put down to the Lisko acquisition in March last year and launch of the first Eletsprom production facilities in the fourth quarter of 2014.

The average price increased by 24 per cent to 96.49 RUB/kg from 77.93 RUB/kg in the first quarter of 2014.

Compared to the price of 100.86 RUB/kg in the fourth quarter of 2014, the price in the first quarter of 2015 decreased by 4 per cent.

Pork Division

Pork sales volume in the first quarter of 2015 decreased by 11 per cent to 36,100 tonnes of live weight from 40,352 tonnes in the first quarter of 2014.

The average price increased by 34 per cent to 98.29 RUB/kg in the first quarter of 2015 from 73.55 RUB/kg in the first quarter of 2014.

Compared to the price in the fourth quarter of 2014 of 96.90 RUB/kg, the price in the first quarter of 2015 increased by one per cent.

Meat Processing Division

Sales volume in the meat processing division increased by 28 per cent to 37,846 tonnes from 29,670 tonnes in the first quarter of 2014 on the back of increased sales of case-ready products and meat-on-bone, all made of the meat supplied by the Company’s own farms.

The average price increased by 11 per cent to 168.85 RUB/kg in the first quarter of 2015 from 152.52 RUB/kg in the first quarter of 2014.

Compared to the price of 174.15 RUB/kg in the fourth quarter of 2014, the price in the first quarter of 2015 decreased by three per cent.

Grain Division

Due to seasonality of this business results of this segment are reported annually to better reflect the business performance and provide the appropriate comparison basis.

ThePigSite News Desk

Top image via Shutterstock



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