Belarus plans to make good money due to Russian trade ban
Belarus is going to rescue Russia in conditions of restrictions of deliveries from the EU, Ukraine and some other countries, or more exactly to become more dependent on Russia.
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Butter prices in Ukraine declined markedly
There are not absolutely logical events on Ukrainian butter market.
EU announces emergency dairy market support measures
The European Commission has announced today that it will open Private Storage Aid for butter, Skimmed Milk Powder (SMP) and certain cheeses in order to alleviate the impact ofRussian restrictions on imports of EU dairyproducts and to limit the negative effects on the internal market.
Russia should expect a significant increase in milk and milk products prices in Autumn
The prices of milk did not react to the events yet. Some traders just started to demand their increase, forecasting shortage of milk and dairy products.
Ukrainian suppliers rely on exports to Belarus and Kazakhstan
Belarus and Kazakhstan did not close in unison with Russia the borders for European and even (supposedly) for Ukrainian products.
Butter and cheese prices are sharply increased in Russia
As a result of ban on dairy products a surge of activity is observed on Russian market.
Ukrainian fresh dairy processors continue to raise prices
The situation becomes complicated on the market of fresh milk products. Purchasing capacity of Ukrainians is declining. Additionally a very hot weather and season of mass holidays hamper activity of sales.
The cost of raw milk in Ukraine increased temporarily.
In the middle of August a surplus of milk is not observed in the country. Moreover, the prices for it were increased.
Milk Powder prices in Russia not going up yet
For now there is enough milk powder both in Russia and in Belarus.
The cost of Ukrainian milk powder will fall significantly in the next weeks
Ukrainian producers of milk powder were optimistic still recently. They believed that the prices would grow soon. Now they are disappointed.