Ukraine: raw milk prices are growing
Milk market of Ukraine is increased in November: many processors do not have enough milk to satisfy the needs, therefore prices quickly grow.
Milk market of Ukraine is increased in November: many processors do not have enough milk to satisfy the needs, therefore prices quickly grow.
Considerable changes did not occur on the market of butter in second half of October. Despite low supply, demand has not strongly grown.
Milk prices has grown by UAH 0.15-0.20 from November.
Prices at the latest Global Dairy Trade auction have fallen on the last event.
Russian dairy market is growing on the eve of winter season. After growth of prices for commodity dairy products, activation of raw milk market followed in the second half of October.
End of September was quite stressful for milk market of Ukraine. Processors postponed revision of prices, despite shortage of milk.
This year’s World Dairy Summit in Vilnius was, on the face of it, about sustainability. But the very location of the conference ensured discussion about Lithuania’s very large neighbour, Russia, and the impact of the EU dairy ban.
In conditions of falling ruble the prices for butter continue strengthening on domestic market.
The bad news continues for dairy farmers with the GDT price index seeing yet another drop at the latest dairy auction.
In May the sales of fresh milk product grew the first time for a long period. The growth was very slight, after all, buying attitude did not increase.