Cherkizovo’s pig sales increased
Sales volumes in the pork division for the first nine months of 2012 increased by 7% to approximately 70,131 tonnes of live weight, compared to 65,800 tonnes for the first nine months of 2011.
Prices in rouble terms increased by 4% from 78.90 RUR/kg for the first nine months of 2011 to 81.85 RUR/kg for the first nine months of 2012 (excluding VAT). Compared to the price in the second quarter of 2012, the price in the third quarter increased by 1% to 82.91 RUR/kg.
In dollar terms, prices for pork sales decreased by 4% from $2.74/kg of live weight for the first nine months of 2011 to $2.63/kg of live weight for the same period of 2012 (excluding VAT)*, due to rouble weakening. Compared to the second quarter of 2012, the price in the third quarter decreased by 2% to $2.59/kg.
Meat processing division
Sales volumes in the Meat Processing Division decreased by 13% to approximately 94,049 tonnes for the first nine months of 2012 from 108,420 tonnes for the first nine months of 2011, due to the closure of an inefficient slaughtering facility in southern Russia and a change in the product mix towards higher margin processed products.
Prices in rouble terms increased by 12% from 130.56 RUR/kg for the first nine months of 2011 to 146.49 RUR/kg for the first nine months of 2012 (excluding VAT). Compared to the price in the second quarter, the price in the third quarter of 2012 increased by 5% to 151.11 RUR/kg.
Prices in dollar terms increased by 4% from $4.54/kg for the first nine months of 2011 to $4.71/kg for the first nine months of 2012 (excluding VAT)*. Compared to the second quarter of 2012, the price in the third quarter increased by 1% to $4.72/kg.
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