OREANDA-NEWS. May 08, 2013. Cherkizovo Group (LSE:CHE), Russia’s leading integrated meat and fodder manufacturer, announces its operational results for the first quarter of 2013. 

Poultry Division 
Sales volumes in the Poultry division for the first quarter of 2013 increased by 6% to approximately 80 370 tonnes of sellable weight compared to 75 866 tonnes for the first quarter of 2012. 

Prices for poultry in dollar terms increased by 5 % from USD2.40/kg in the first quarter of 2012 to \\$2.53/kg in the first quarter of 2013. Compared to the price in the fourth quarter of 2012 of \\$2.73/kg, price in the first quarter of 2013 decreased by 7%. 

Prices in ruble terms increased by 6% from 72.50 RUR/kg in the first quarter of 2012 to 76.92 RUR/kg in the first quarter of 2013. Compared to the price in the fourth quarter of 2012 of 84.81 RUR/kg, the price in the first quarter of 2013 decreased by 9%.

Pork Division 
Sales volumes in the Pork division in the first quarter of 2013 increased by 58% to approximately 35 887 tonnes of live weight, compared to 22 660 tonnes in the first quarter of 2012. 

In dollar terms, price for pork decreased by 29% from USD 2.66/kg in the first quarter of 2012 to USD 1.89/kg in the first quarter of 2013 (live weight). Compared to the price in the fourth quarter of 2012 of USD 2.11/ kg, the price in the first quarter of 2013 decreased by 10%    . 

Prices in ruble terms decreased by 28% from 80.53 RUR/kg in the first quarter of 2012 to 57.59 RUR/kg in the first quarter of 2013. Compared to the price in the fourth quarter of 2012 of 65.44 RUR/kg, the price in the first quarter of 2013 decreased by 12%. 

Meat Processing Division 
Sales volumes in the Meat Processing division increased by 1% to approximately 29 442 tonnes in the first quarter of 2013 from 29 115 tonnes for the first quarter of 2012. 

Price in dollar terms increased by 2% from USD 4.75/kg in the first quarter of 2012 to USD 4.84/kg in the first quarter of 2013. Compared to the price in the fourth quarter of 2012 of USD 4.95/kg, the price in the first quarter of 2013 decreased by 2%. 

Price in ruble terms increased by 2% from 143.82 RUR/kg in the first quarter of 2012 to 147.16 RUR/kg in the first quarter of 2013. Compared to the price in the fourth quarter of 2012 of 153.76 RUR/kg, the price in the first quarter of 2013 decreased by 4%. 

Grain Division 
Sales volumes in the Grain division increased by 43% to 8 438 tonnes in the first quarter of 2013 from 5 905 tonnes for the first quarter of 2012. 

Price in dollar terms increased by 47% from USD 0.19/kg in the first quarter of 2012 to \\$0.28/kg in the first quarter of 2013. Compared to the price in the fourth quarter of 2012 of \\$0.28/kg, the price in the first quarter of 2013 was flat. 

Price in ruble terms increased by 49% from 5.65 RUR/kg in the first quarter of 2012 to 8.45 RUR/kg in the first quarter of 2013. Compared to the price in the fourth quarter of 2012 of 8.71 RUR/kg, the price in the first quarter of 2013 decreased by 3%. 

In April Grain division started to prepare for the season and plans to complete sowing until May. The Company plans to sow about 40 thousand hectares of arable land in current agricultural season, including 25 thousand hectares under spring crops (wheat, barley, corn, and oats) and about 15 thousand hectares under the winter crops.