Russia’s largest turkey producer, Eurodon, is planning a $321 million expansion that will make it one of the world’s top five turkey producers. In 2015, the firm plans to increase production capacity to 75,000 tons per year, up from 42,000 tons last year, and plans to increase production to 130,000 tons per year by 2016. Under the plan, 222 poultry houses are to be built (86 have been completed), in addition to an incubator, a slaughtering and processing plant, and a feed mill with the capacity to produce 750,000 tons of compound feed per year. Over the past decade the consumption of turkey in Russia has grown from 200 grams per person per year to 2 kilograms per person per year and the domestic production of turkey is expected to grow faster than the production of any other type of meat. Eurodon is also investing in the production of duck meat. The first stage of the project has been launched with the capacity to produce 24,000 tons of duck meat per year, and under the second stage, this production is expected to double.
To receive relevant news stories with summaries provided by GAI Research & Insight, subscribe to Global AgDevelopments, our free weekly enhanced eNews service