Russian egg industry struggles

Russia’s egg industry’s net profit dropped by $?254 million in 2017, as the wholesale prices on the domestic market fell during the year, ending up at $?0.56 per ten eggs. Market research by the Russian Union of Poultry Farmers (Rosptitsesoyuz) notes a 14% drop compared to 2016. The continuous fall in egg prices that started late in 2016 has already pushed the profitability of the average Russian egg farm down to 3% to 7%, from 12% to 14% seen just a few years ago. What is even worse is tha