Cows productivity in Russia increased by 7%, but milk prices are falling below cost

Dairy market of Russia is going down during two months already. Prices for milk and dairy products are stably falling.
Dairy market of Russia is going down during two months already. Prices for milk and dairy products are stably falling.
Beginning of the new season does not make the milk operators happy. They have no markets to direct the surplus of milk.
March figures of State Statistics Service confirm fears of operators – milk production is declining in Ukraine.
The end of EU milk caps has lifted Irish spirits, but USDEC research shows clouds blocking sunny government forecasts.
Dairy companies, affected by the Russian anti-sanctions, have adapted to new conditions. They are shifting their production to Russia and enhance deliveries of authorized products. However, there is no way to offset their losses.
Bargain nonfat dry milk prices and faltering butter production could help balance markets in time.
In Russia the production of whey powder is increasing every month in comparison with similar period of last year.
Dairy prices suffered their biggest loss at GlobalDairyTrade since 2010, taking them nearly back to where they started the year, as ideas of New Zealand drought and Chinese buying evaporated.
Demand and prices for casein decreased in Ukraine.
Russian dairy market continues to go down: the prices for milk and for commodity dairy products are gradually declining.