Dairy product prices tumble at the latest Global Dairy Trade auction
Dairy product prices fell 1.4% at the latest Global Dairy Trade auction which took place earlier today, May 3.
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Ukraine: Butter price has plummeted 20% last month
Both the demand for butter and butter prices are falling quicker than the increase of production. This situation was predicted long ago, but it was hard to expect that the decline would be so sharp. Butter price has plummeted 20% last month.
Belarus: exports activity has weakened
After active exports operations in March, the Belarusian export trade activity has considerably weakened. Russian market got stabilized and price agiotage died down.
The rules of the state support for Russian milk producers can be changed
Prime news in the dairy market of Russia is the discussions concerning the draft regulation on Modification of Rules for granting subsidies from federal budget to the regional budgets.
Dairy product prices fall at the latest Global Dairy Trade auction
The sixth Global Dairy Trade auction of the year has posted a drop in dairy product prices of 2.9%.
The European Commission announces measures to solve dairy crisis
The European Commission announced today a second package of exceptional measures to try and solve the deepening crisis in the Dairy and pigmeat sectors.
In 2015 milk production has shrunk by 4% and processing by 9% in Ukraine
Forecasts on the redirection of milk from production of cheeses to butter and milk powder production came true only partially in 2015.
FAO Food Price Index drops to nearly seven-year low
The FAO Food Price Index fell in January, slipping 1.9% below its level in the last month of 2015 as prices for all of the commodities it tracks fell, particularly for sugar.
Ukrainian exporters are testing new ways of dairy transit to Asia
Exporters have probably accepted already the Russian food embargo. Most likely the Ukrainian dairy products will not be supplied there (in Russia) soon.
Ukrainian authorities are to fix the prices for milk again
There are many unsolved problems in milk production and processing, in prospects of foreign trade.