Dairy prices tumble – now down 19% in a month
Dairy prices suffered their biggest loss at GlobalDairyTrade since 2010, taking them nearly back to where they started the year, as ideas of New Zealand drought and Chinese buying evaporated.
Dairy prices suffered their biggest loss at GlobalDairyTrade since 2010, taking them nearly back to where they started the year, as ideas of New Zealand drought and Chinese buying evaporated.
Demand and prices for casein decreased in Ukraine.
Russian dairy market continues to go down: the prices for milk and for commodity dairy products are gradually declining.
Russian dairy market develops rather pessimistic, both for producers, and for processors. Russian consumers are probably not in better conditions.
Decline of consumer demand is more influencing wholesale prices of cheeses.
As it was expected, the beginning of March was marked by mass rise of milk prices in Ukraine.
The Belorussian government decided to decline export-floor prices.
With the EU milk quota set to be removed on 1 April 2015, production will become further concentrated in the key milk-producing regions of Northern and Western Europe, according to Rabobank’s latest report.
The German Milk Board (MEG) has developed its own Roadmap Milch & Mark as a guide for the milk trade after the end of quota.
The end of quotas frees efficient European dairy farms to expand.