International demand for dairy products has bottomed out and there are already signs that markets are starting to improve slightly, according to Arla Vice President Frede Juulsen.
Conditions are not improving on Ukrainian whey powder market. Demand is weak, or absolutely absent.
New year brought new fears for Ukrainian milk operators. Unlike last years, now there is no understanding of how the market will develop, what products are better to produce this season.
Russian business got real shock in the second half of December. There was very sharp collapse of the RUB on “black Monday and Tuesday” (December, 15 – 16).
Dairy prices “will remain under pressure” next year despite the prospect of a sharp fall in milk production growth, US officials said, undermining any hopes that a late-year revival in values may signal the start of a recovery.
Rabobank has issued a new report on the global dairy industry, looking at issues of price, supply and demand in key international markets.
After notable jump in prices for commodity products in August, they stopped the growth in the beginning of September.
Statistics on production of dairy products in Russia in the first half of the year is available.
There is process of inflation in Russia now. Purchasing capacity is declined. All these are resulted in decrease of consumption of dairy products in the country.
