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Russia re-opens export market

Russia has officially lifted its 26-year ban on importing meat supplies, which could be worth between £80m and £115m to the industry over three years.

Beef exports are expected to begin from a limited number of plants in the new year, while lamb exports are due to follow in April, following the technical decision to lift the ban which was made during the summer. In 2011, fresh and frozen beef and veal exports from the UK were worth £438.1m, while fresh and frozen sheep meat exports were worth £381.6m. Significantly, Russia is one of the largest importers of beef with imports of more than 600,000 tonnes.

Read more in this week's The Scottish Farmer, out December 1.