The profitability of Russia's meat sector rose by 2.2 times between 2013 and 2016, actually benefiting from the tit-for-tat sanctions imposed by Russia and its Western trading partners, according to the Russian Ministry of Agriculture.
Analysts expect the cost of imported meat, such as bacon, to rise after the pound plummeted in the wake of the UK’s historic decision to leave the European Union.
In 2013 Russia plans to increase the production of all types of meat by 2.5% on last year’s level – to 11.92 million tonnes in live weight, according to a recent report from the country’s Ministry of Agriculture.
French meat industry union Sniv-SNCP has started an “offensive strategy”, including potential court action, to combat misinformation spread by the media.