Ukraine: Livestock and Products Semi-annual
The political and economic crisis of 2013-2015 resulted in significant currency devaluation and domestic demand decrease for red meat. Simultaneously, the major export market – Russia – introduced a red meat import ban on Ukraine on January 1, 2016. Ukrainian beef producers subsequently discovered new foreign markets for their products. Swine producers have been less fortunate, reducing production and concentrating on satisfying domestic demand. The situation for the beef market is not expected to change in 2017. Pork production decreases are expected to slow down by the end of 2017.
