It seems that at the beginning of the new year the global milk market will not tumble into chaos – at least in the forseeable future. Milk volumes in New Zealand are down, those in Australia are up but can’t make the neighbours’ decline even. The EU has been booking an almost stable milk production […]
Although after a fairly long lull in the world dairy market some recovery can be observed, it is still too early to talk about fundamental changes. In Oceania, where production is still seasonally active now, prices have strengthened. But this happened not because of improvement of the market situation, but because of the expected worse […]
In about four weeks’ time, the EU intervention program for Skimmed Milk Powder will end and it is doubtful the public intervention period will be extended as farm gate prices for June 2017, as reported by LTO, were in average € 33,69/100 kgs compared to € 25,14/1000 kgs in the same month last year. An […]
Earlier, Ukraine has been among the major players in the global dairy market. But during 2005-2010 there occured a substantial reduction in milk production and dairies got reoriented to produce more profitable dairy produce. Then milk powder production in the country and milk powder exports […]
The spring surplus of milk makes Ukrainian dairy processors, albeit reluctantly, but increase drying of milk. The reason for the lack of enthusiasm is evident: firstly, the price for this product is too low, and secondly – raw milk is still not so cheap to profitably manufacture powdered milk. – INFAGRO
In 2016 Ukraine began using quotas for duty-free export of dairy products exporting dairy cream products (24.4% of quota used). Ukraine has also begun to export dried milk (30%) and butter (46%).
During their meeting last Thursday, the EU has put the re sale of intervention Milk Powder back on the agenda. The proposal is to sell 22.150 mt by tender on the 13th December. On 24th November an official vote will be held to whether or not to execute the proposal (by the time of the […]
A tender procedure to release the first amounts (22,150 tonnes) of skimmed milk powder (SMP) out of public intervention stocks will open this Friday 25 November following a vote by Member States on the Commission’s proposal.
It seems that the negative predictions of world-famous analysts will not come true. It was expected that the global dairy market would start recovery no earlier than late 2016 or early 2017, but prices began to strengthen in June, after the long crisis period.
Weakening of Ruble has not especially influenced the market of milk powder in Russia. Operators traditionally use Russian and Belarusian products.